Property Overview

43 Athlone Drive is a well-situated two-storey home in Winnipeg's Booth neighbourhood, built in 1963. Its primary appeal lies in offering above-average space and land size for its area, presenting a solid value proposition. The home sits on a large 7,150 sqft lot, which is notably more spacious than over half the properties on its street and in Winnipeg overall. With 1,910 sqft of living space, it is significantly larger than most comparable homes in its immediate vicinity and across the city. It features an attached garage and a renovated basement. The property last sold in August 2021 for its current assessed value of $42,100.

Key Characteristics & Ideal Buyer

This home is defined by its generous proportions. The lot size and living area are its standout features, ranking in the top tiers locally. While the building itself is older, the renovated basement adds modern functionality. The assessed value has remained stable since its last sale, suggesting a steady market perception.

Its appeal is for the practical buyer who prioritizes space and land over a newer build. It would suit a family needing room to grow, a DIY enthusiast who appreciates the potential of a large lot and a solid older home, or a value-focused buyer looking for more square footage per dollar in a mature neighbourhood. A less obvious perspective is its attractiveness for those seeking stability; the consistent valuation and established area may offer a sense of predictability in a fluctuating market.

Frequently Asked Questions

Q: How does the age of the home (1963) impact this purchase?
A: While the home is over 60 years old, this is typical for mature neighbourhoods. The renovated basement is a positive update. Buyers should budget for ongoing maintenance consistent with a home of this era and consider a thorough inspection of original major systems like plumbing, electrical, and the roof.

Q: The assessed value hasn't changed since 2021. Is that a concern?
A: Not necessarily. It indicates the property's market value has been stable in the eyes of the assessor. It's important to note that assessed value is for taxation purposes; the current market value is determined by recent sales of comparable homes and present market conditions.

Q: What does the "top X%" ranking for lot and living area actually mean for me?
A: It quantifies that you are getting more space than most. The lot is larger than 84% of properties in Winnipeg, and the house itself is larger than 88% in the city. This means more outdoor room and interior living space than typical offerings, which is a key advantage of this property.

Q: The neighbourhood rankings for year built are lower. Is the area declining?
A: These rankings reflect the age of homes in the area, not their condition or desirability. Booth is a mature, established neighbourhood. A lower "year built" rank simply means many homes on the street and in the area are newer than this one, which is common on any established street.

Q: Who might this property NOT suit?
A: It may not be ideal for buyers seeking a modern, turn-key new build without any projects, or those who prefer a small, low-maintenance yard. The value here is in the space and potential, which may require more hands-on ownership compared to a newer property.