59 Agassiz Drive

Property Overview: 59 Agassiz Drive

Key Characteristics & Appeal

This two-storey home, built in 1965, is situated on a notably large lot of nearly 7,000 square feet in Winnipeg's Agassiz neighbourhood. The house itself offers 1,598 sq ft of living space, which is above average for both the immediate street and the broader area. Its key features include an attached garage and a basement that is present but not renovated, presenting a clean slate for future projects.

The primary appeal lies in its land and location. The property ranks in the top tier for lot size on its street, offering significant outdoor space—a relative rarity that provides room for gardening, play, or expansion. While the home is of average age for the area, its above-average living space on such a generous lot creates a compelling value proposition. It would suit practical buyers who prioritize land over a turn-key finish, including families seeking room to grow, value-conscious purchasers comfortable with gradual updates, or those viewing the large lot as a long-term investment. The unrenovated basement is both a cost consideration and an opportunity for customization.

Frequently Asked Questions

Q: How does the lot size compare to typical properties in Winnipeg?
A: The lot is exceptionally large, ranking in the top 18% of all properties in Winnipeg. This is one of its most defining and valuable characteristics.

Q: The home sold in 2017. What does the price history indicate?
A: It sold for $37.5k in 2017 and now has an assessed value of $43.7k. It's important to note that the 2017 sale price was significantly below typical values for the neighbourhood at that time, as indicated by its low ranking (top 98%) for that sale. This suggests it may have been a non-arms-length or distressed sale, making direct price appreciation calculations less straightforward. A professional assessment of current market value is advised.

Q: Is the house older than others nearby?
A: Built in 1965, it is actually newer than many homes on its street, ranking in the top 11% for year built on Agassiz Drive. It is comfortably within the typical age range for the established neighbourhood.

Q: What is the neighbourhood context?
A: The home sits on a quiet street where properties are closely spaced, as seen with neighbours just 18-20 meters away. However, the lot depth provides a good degree of private outdoor space behind the home.

Q: What should I make of the "rankings" provided?
A: These rankings contextualize the property's specific metrics (like size, age, value) against its immediate street, neighbourhood, and the entire city. For example, ranking "Top 41%" in living area on its street means 59% of houses on the street are larger. They are useful tools for comparison, but a personal viewing is essential to understand the home's overall condition and flow.