Property Overview

This 1964-built 3-level split home at 10 Athlone Drive offers a practical and spacious layout on a large, mature lot in Winnipeg's Booth neighbourhood. Its key appeal lies in its balance of established character, recent updates, and solid value within its area. The home features 1,176 sqft of living space and a renovated basement, providing flexible room for a growing family or a home office. The detached garage and a land area of over 6,600 sqft are significant assets, offering ample outdoor space and storage potential not always found in newer subdivisions. The property’s assessed value ranks highly on its street, suggesting it is a well-regarded home in its immediate locale.

It would suit first-time buyers or young families looking for a move-in-ready home with room to grow, without the premium price of a newer build. It also appeals to value-conscious buyers who prioritize lot size and functional space over a brand-new construction. A thoughtful perspective is that while the home itself is average-sized for the city, its lot size is a standout feature, offering future potential for gardening, expansion, or simply more private outdoor living—a growing priority for many.

Frequently Asked Questions

1. How does the age of the home affect maintenance?
Built in 1964, the core structure is well-established. While major systems like the roof or furnace may need consideration due to age, the listing notes a renovated basement, indicating some key updates have been made. A thorough inspection is recommended to plan for future upkeep.

2. What is the neighbourhood like?
The home is in Booth, a mature Winnipeg neighbourhood. The rankings show it sits on a street and in an area where property values are very mixed, meaning it's likely a diverse, established community. Its high lot size rank suggests it's on a street with larger, more spacious properties.

3. Is the price fair based on its history?
The home last sold in January 2019 for $30.5k and is now assessed at $33.9k. This indicates stable, modest appreciation. The assessed value places it in the top tier on its own street, which supports its current asking price relative to its direct neighbours.

4. What are the advantages of a 3-level split design?
This layout typically creates distinct living zones, offering good separation between bedrooms and common areas, which is ideal for family living or hosting guests. The renovated basement adds a valuable extra layer of functional space.

5. How does it compare to nearby homes?
The home's living area is in the top 10% on its street, meaning it's one of the larger houses nearby. However, its assessed value is also in the top 6% on the street, so it commands a premium relative to immediate neighbours, likely due to its size, lot, and updates.