Property Overview
This 1974-built, one-storey home on a large 7,600 sqft lot offers a practical and spacious footprint in a mature Winnipeg neighbourhood. Its key appeal lies in its combination of a very generous, private yard and a fully finished basement, providing significant room for family living, hobbies, or future expansion. With 1,380 sqft of living space above grade, the home ranks above average in size for the city. Its standout characteristic is the land itself—the lot size places it in the top 13% of all properties in Winnipeg, a rare find that offers ample outdoor potential. The home would suit buyers looking for a solid, single-level layout with a low-maintenance exterior and who prioritize private outdoor space over a newer build. It's particularly well-suited for families, downsizers seeking single-floor living with room for guests or a hobby space in the finished basement, or value-oriented buyers who see potential in the substantial lot.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in its neighbourhood, and across Winnipeg. For example, being in the "top 13%" for lot size city-wide means 87% of Winnipeg properties have a smaller lot, highlighting the yard as a major asset.
2. Is a 52-year-old home a concern?
While the home is well-established, its age is very typical for the neighbourhood, ranking newer than 61% of nearby houses. Buyers should budget for updates consistent with a home of this era and ensure a thorough inspection of major systems like roof, windows, and foundation.
3. How does the assessment value relate to the asking price?
The municipal assessment of $418,000 is a tax valuation from a prior date and serves as one data point. The listing price is set by the market. The assessment ranking shows the home is valued higher than 69% of Winnipeg properties, indicating it is seen as an above-average asset by the city assessor.
4. What are the pros and cons of a fully finished basement?
The pro is immediate, generous additional living space. The con is that any significant mechanical updates (like plumbing or electrical running through finished walls) or foundational work could be more complex and costly than in an unfinished space.
5. Who might this property not suit?
It may not suit buyers seeking a modern, open-concept layout or a brand-new home without any update projects. Those wanting a large garage (it has an attached single) or an inground pool would also need to factor in the cost and space to add those features themselves.