Property Summary: 759 Sturgeon Road, Winnipeg

Section 1: Overview & Appeal

This two-storey home, built in 1967, presents a straightforward opportunity in Winnipeg's Booth neighbourhood. Its key appeal lies in its value proposition and lot size. With a living area of 1,510 sq ft and an unrenovated basement, it is a functional canvas. The standout feature is the 4,264 sq ft land parcel, which ranks in the top 5% for size within the neighbourhood, offering ample outdoor space rarely found in this price range.

The home’s assessed value is notably low compared to many nearby properties, suggesting a lower property tax burden and an accessible entry point into the market. It would suit a practical buyer—perhaps a first-time homeowner comfortable with a property that requires updates, or an investor looking for a land-value play with a rentable existing structure. The appeal is not in immediate move-in readiness, but in the potential of the sizable lot and the financial efficiency of a home with a modest official valuation.

Section 2: Frequently Asked Questions

1. What does "unrenovated basement" typically imply?
It means the basement is in original or functional condition, but not modernized. Buyers should budget for potential updates to flooring, lighting, or finishes, and should have an inspection to check the foundation and essential systems.

2. How significant is the large lot size?
Very. A lot in the top 5% of the neighbourhood for size offers rare potential for expansion, gardening, outdoor living, or future development, subject to city zoning bylaws. This is a long-term value driver that newer homes in the area often lack.

3. The assessed value seems low. Is that a concern?
Not necessarily. A lower assessment often translates to lower annual property taxes, which is a financial positive. It typically reflects the home's original condition and modest size relative to the lot. The sale price is determined by the market, not the assessment.

4. Who are the likely neighbours?
The immediate neighbours on Sturgeon Road are similar-era homes, creating a consistent streetscape. The provided data shows a mix of values and conditions on the street, indicating a neighbourhood in transition where well-maintained and original homes coexist.

5. What should I consider about the home's age?
Built in 1967, core systems like plumbing, electrical, and the roof will be at or beyond their typical lifespan. A thorough inspection is crucial. The positive angle is that homes of this era are often solidly built with simpler, more easily understood construction methods than very old or very new homes.