Property Overview & Appeal
This 1964-built bungalow on a large, nearly 9,000 sqft lot presents a compelling blend of space, recreation, and location. Its key characteristics include a fully finished basement, an in-ground swimming pool, and a single-level living layout with 1,400 sqft of living space. The appeal lies in its generous private outdoor space—a rarity for in-city living—offering immediate summer enjoyment and room for gardening or expansion. The home’s overall value is underscored by its assessment ranking, which places it in the top 15% of Winnipeg.
It would suit buyers seeking a ready-made family home with established recreational amenities, or those who value a large yard over a brand-new build. It’s particularly fitting for someone looking to avoid stairs or interested in the long-term potential of a sizable, well-located lot. A less obvious perspective is its appeal to multi-generational families or those needing flexible space, as the finished basement and single-storey design can accommodate separate living areas with relative ease.
Key Questions for Consideration
1. What is the condition and upkeep cost of the pool?
Given the home's age, prospective buyers should budget for a professional inspection of the pool's structure, equipment, and lining. Understanding ongoing maintenance, seasonal opening/closing costs, and potential renovation needs is crucial.
2. How does the 1964 construction date impact major systems?
While the home has been maintained, the roof, windows, plumbing, and electrical systems are likely original or have seen updates over decades. An inspection will clarify the remaining lifespan of these major components and inform renovation priorities.
3. What is the neighbourhood's character and future development potential?
The lot size is significantly above average. It's wise to research any local development plans or zoning bylaws that could affect the property's future, whether for personal expansion or as a long-term asset.
4. How does the finished basement feel, and is it legally permitted?
It's important to assess the basement's ceiling height, natural light, moisture control, and egress. Verifying that any renovations were done with proper permits ensures safety and avoids future legal complications.
5. Why is the home's "newness" ranking lower than its value ranking?
The data shows the home ranks better for value than for age. This suggests the property's worth is driven more by its lot size, amenities, and location than by the building itself, highlighting a trade-off between land value and potential future updates to the structure.