706 Community Row

Property Overview & Key Characteristics

This 1971-built, one-storey home on a generous 7,197 sqft lot offers a practical and private living environment. Its key appeal lies in a combination of space, location, and value. The fully finished basement adds significant functional living area to the 946 sqft main floor, creating a layout well-suited for a small family, a couple needing a home office or hobby space, or a buyer seeking single-level living with room to grow. The property's standout feature is its large, private lot, which is notably larger than most in the area, offering ample outdoor potential for gardening, recreation, or future expansion.

Its value is underscored by strong city-wide rankings: the lot size surpasses 85% of all Winnipeg homes, and the overall assessment value is above the city's median. While the home itself is of average size for its immediate neighborhood and shows its age, it sits in a mature, established community. This property would best suit a value-conscious buyer who prioritizes land size and privacy over a modern, turn-key home, and who sees potential in a solid, well-located property that may benefit from personal updates over time.

Frequently Asked Questions

1. How does the age of the home affect its condition and potential costs?
Built in 1971, major systems like the roof, plumbing, and electrical may be at or beyond their typical lifespan. A thorough inspection is crucial to budget for necessary updates or repairs, which should be factored into the overall investment.

2. What are the advantages and considerations of the "split" garage?
A split garage (likely a double garage separated by a wall) offers practical benefits like containing noise, smells, or workshop mess on one side. However, it may limit the ability to park wider vehicles or use the space for larger projects that require an open double span.

3. The lot ranks very high, but the house size ranks lower. What does this mean?
This indicates you are purchasing primarily for the land and location. The large lot provides excellent outdoor space and future potential (like an addition or garden), but the living space inside is modest and typical for the street. It's a trade-off favoring land over square footage.

4. What do the community and street rankings for "Build Year" tell me?
While the home is older than 76% of houses in the wider community, it's newer than 77% on its specific street. This suggests a very mature, stable street where this home is actually one of the more recent builds, which can be positive for neighborhood character but may mean fewer newly renovated comparables nearby.

5. Is the fully finished basement included in the listed 946 sqft living area?
Typically, the listed "Living Area" (946 sqft) refers to above-grade, heated space. The fully finished basement is additional square footage, significantly increasing the total usable living area but not reflected in that official figure. Always confirm the total finished area.