Property Overview

This 1960s one-storey home on a large, mature lot in Birchwood offers a blend of established neighbourhood character and practical updates. Its appeal lies in its quiet, tree-lined setting, generous outdoor space, and a renovated basement that adds functional living area. The home suits first-time buyers seeking a solid starter home with room to grow, downsizers looking for manageable single-level living without sacrificing yard space, or value-oriented buyers who appreciate a larger lot in a central Winnipeg neighbourhood.

Key Characteristics & Appeal
The property sits on a notably large lot (6,597 sq ft), ranking in the top tier for size on its street, which is a significant asset for gardening, play, or future expansion. The home itself is modest in size (1,260 sq ft) but is complemented by a renovated basement, adding valuable finished space. While the building is older, its assessed value is competitive for the area. The neighbourhood rankings suggest a well-established, stable street that is quieter than many in Birchwood. This home is less about modern luxury and more about foundational value: a peaceful location, ample land, and key renovations done. It would particularly suit those who prioritize private outdoor space over a brand-new interior, and who see potential in a home that has been partially updated.

Frequently Asked Questions

1. What does the "renovated basement" typically include?
While specifics should be verified, a renovated basement in a home of this era often means it has been finished into a livable space, potentially including a recreation room, additional bedrooms, or a bathroom. It's important to inquire about the scope, permits, and moisture control measures.

2. How does the older age of the home (1960) affect maintenance?
Prospective buyers should budget for updates to major aging components. While the basement is renovated, the main floor systems—like plumbing, electrical, roof, and windows—may be original or nearing the end of their service life. A thorough inspection is essential.

3. The lot is large, but is it usable?
The size is a major advantage. Buyers should view the lot's condition, drainage, and any mature trees that could affect landscaping plans or require maintenance. A large lot offers privacy and potential but also entails more upkeep.

4. The street ranks as "quieter." What does that mean practically?
Ranking in the top 6% for lot size on the street but only top 31% for living area suggests the street is comprised of similar, older bungalows on spacious lots, not newer, larger homes. This often translates to a consistent, settled character with less turnover and construction noise.

5. Why is the assessed value relatively low compared to the lot size?
The assessed value reflects the city's valuation for tax purposes, heavily influenced by the home's age, size, and condition rather than the land value alone. The discrepancy between lot value and improvement value can indicate a property where the land is a primary asset, which is a key point for buyers considering future investment.