Property Overview: 61 Athlone Drive

Key Characteristics & Appeal

This is a well-established 4-level split home built in 1963, situated on a large, mature lot of over 10,300 square feet in Winnipeg's Booth neighbourhood. Its primary appeal lies in its generous outdoor space, which ranks within the top 7% of the area, offering significant room for gardening, play, or expansion. The home itself features a renovated basement and an attached garage, with a living area that is notably spacious compared to most in the city (top 18%). While the house is not new, its recent sale history and current assessed value suggest it is a solid, value-conscious entry into a desirable location. The data indicates the lot size and neighbourhood setting are its standout features, rather than the age or modern finish of the structure itself.

This property would suit a buyer looking for a long-term home with established character and room to grow outdoors. It’s ideal for those who prioritize lot size and neighbourhood stability over a turnkey modern build, and who see potential in a home that has seen some updates (like the basement) but may benefit from further personalization. It represents a practical choice for families or individuals seeking space and a foothold in a well-regarded community without the premium price of a newly constructed home.

Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings compare this property against others on the same street, in the neighbourhood, and across Winnipeg. For example, its lot size is in the top 7% locally, meaning it's larger than 93% of lots in Booth. Conversely, its year build rank shows it's older than most homes in Winnipeg.

2. The home was last sold in 2020. What might that indicate?
The relatively recent sale suggests the current owners have not held the property for a long period. This could be due to many neutral life circumstances, but it may warrant asking about their reason for moving to understand if there are any undisclosed factors.

3. How significant is the renovated basement?
While noted as a positive feature, "renovated" can vary in scope. It's important to inquire about the quality, permits, and the nature of the renovation (e.g., is it a finished living space, a recreational room, or updated utilities?) to assess its true value and functionality.

4. The assessed value is much lower than the 2020 sale price. Is this a concern?
Not necessarily. Municipal assessed values for tax purposes often lag behind market sale prices and are calculated using a specific formula. The 2020 sale price is a stronger indicator of its recent market value, though current conditions will ultimately determine its new price.

5. What are the less obvious considerations with a large, mature lot?
A lot of this size and age offers great potential but also requires consideration. There may be established trees with root systems to manage, a larger area for landscaping upkeep, and potential costs or opportunities related to future projects like a deck, garden, or even an addition, subject to local bylaws.