Property Overview
This two-storey home on a generous 6,597 sqft lot offers established character and functional space. Built in 1974, its key appeal lies in its above-average living area (1,876 sqft) and a fully finished basement, providing ample room for a growing family or those who value separate living areas. The attached garage and mature lot are practical assets. While the home ranks highly for its size within Winnipeg, its age and features are more typical within its immediate neighborhood. This property would suit a buyer looking for a solid, move-in-ready home in an established area, who appreciates space over brand-new condition and is comfortable with the maintenance considerations of a 50-year-old house. It’s a practical choice for those seeking value in square footage and a settled community feel.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this home against others on its street, in its neighborhood, and across Winnipeg for metrics like size, age, and assessed value. For example, being in the top 21% for lot size city-wide indicates a larger-than-average yard, while its age is newer than only 54% of Winnipeg homes, confirming its status as an established property.
2. Is the finished basement included in the 1,876 sqft living area?
Typically, municipal living area (square footage) calculations do not include below-grade spaces, even if finished. The 1,876 sqft likely refers to the above-ground floors, with the finished basement providing additional bonus space.
3. What are the implications of a 1974 build year?
Homes from this era often feature sturdy construction and practical layouts. Buyers should budget for updates to major aging components, such as the roof, windows, or HVAC system, and may find that electrical or insulation standards differ from newer builds.
4. How should I interpret the assessed value versus the listing price?
The municipal assessment of $511,000 is for tax purposes and reflects a mass appraisal from a prior date. The listing price is set by the seller based on current market conditions. The two numbers can differ significantly, and the assessment should not be viewed as a direct indicator of market value.
5. Who would this home not suit?
This property may not be ideal for buyers seeking a modern, open-concept layout with minimal immediate work, or for those who prioritize being in a newer subdivision with the latest amenities and finishes.