Here is a clean, standalone summary of the property, structured as requested.

Property Overview

Key Characteristics & Buyer Profile

This is a 1960-built home with 1,334 square feet of living space on a substantial 8,102-square-foot lot. Its strongest assets are the land size and the generous floor plan. The lot ranks in the top 8% on its street and top 11% city-wide in Winnipeg, which is genuinely rare for an established neighbourhood. The living area is also above average for the immediate street, though slightly below the broader community average.

The appeal lies in the balance of space. You get a solid interior footprint without the cramped feel of many newer infills, paired with a backyard that offers real potential for gardening, additions, or simply space to breathe. The assessed value of $370,000 sits near the median for the area, suggesting the price reflects the home’s age and condition rather than a premium for the lot alone.

This property would best suit a buyer who values outdoor space and square footage over a modern renovation. It’s a strong fit for someone willing to update gradually—perhaps a family who wants room to grow, or a handy homeowner looking to build equity through improvements rather than buying a fully finished house. It is less suited to someone seeking a move-in-ready, turnkey property or a very low-maintenance yard.

Frequently Asked Questions

1. How does the age of the home compare to others nearby?
The home was built in 1960. On its street, it ranks in the top 13% for newer construction, meaning most surrounding homes are older. However, within the wider Booth area and city, it falls in the bottom half—so it’s newer than many neighbours, but not unusually young for the region.

2. What does the assessed value of $370,000 really indicate?
This is the municipal assessment used for property tax calculation, not necessarily the market asking price. It places the home near the average for the immediate area but below the Winnipeg city-wide average of $390,000. It suggests the home’s tax burden is moderate, and the value is in line with established, older homes rather than renovated or new builds.

3. Is the lot size genuinely usable, or just a number?
At 8,102 square feet, this lot is well above typical Winnipeg sizes (the city-wide average is around 4,000-5,000 sqft for similar homes). The ranking—top 8% on the street—confirms this is not a shallow or oddly shaped piece of land. It offers practical space for a large garden, a shop, or future expansion, assuming zoning allows.

4. Why is the living area rank better on the street than in the community?
The immediate street (Moray Street) has a slightly lower average living area (1,303 sqft) than the broader Booth area (1,408 sqft). Your home’s 1,334 sqft is above the street average but below the community average. This is a common pattern when a street has smaller starter homes while the surrounding neighbourhood has larger, maybe newer, houses.

5. What should a buyer look out for given the 1960 build year?
Homes from this era typically have good bones but dated systems. Expect original or near-original plumbing, electrical, and insulation unless the seller notes upgrades. The large lot is a major asset, but also means more yard maintenance. A thorough home inspection focusing on the foundation, windows, and roof condition would be wise, as these are common areas for wear in a home of this age.