Property Summary: 289 Booth Drive

Key Characteristics & Appeal

This 1964-built, single-storey home sits on a generous 6,595 sqft lot in Winnipeg. Its key features include a renovated basement and a detached garage. The property’s primary appeal lies in its established neighbourhood setting and the value derived from its significant lot size, which is larger than most on its street and in the wider city. The renovated basement adds functional, modernized space to the 1,211 sqft living area.

It would suit a practical buyer looking for a solid, no-frills home with room to grow outdoors or potentially expand. It’s a fit for those who value space over newness, and who see potential in a property where the land itself is a major asset. A thoughtful perspective is that while the home’s living area is modest, the large lot offers privacy and flexibility that newer subdivisions often lack, providing a canvas for gardens, recreation, or future projects.

Frequently Asked Questions

1. How does the lot size compare to typical properties?
The lot is 6,595 sqft, which ranks in the top 44% on its street and the top 79% across all of Winnipeg, meaning it is significantly larger than many city lots.

2. What is the significance of the renovated basement?
It indicates updated living space below grade, adding functional square footage that is move-in ready compared to an unfinished basement.

3. How does the assessed value relate to the last sale price?
The current assessed value is $34,400, which is higher than its last sold price of $28,500 in April 2019. This suggests municipal assessment has increased, though market value is determined by current conditions.

4. Is the home newer or older than surrounding houses?
Built in 1964, it is older than about 69% of homes on its street, placing it among the more mature properties in the immediate area.

5. What does the living area ranking indicate?
At 1,211 sqft, the above-ground living space is the smallest among the 16 homes on its street, highlighting that the property’s appeal is more focused on its lot and basement than its main floor square footage.