Property Overview: 85 Athlone Drive

Section 1: Key Characteristics & Appeal

This two-storey home in Winnipeg’s Booth neighbourhood is defined by its substantial lot and well-above-average living space. Sitting on an 11,343 sqft property—a size that ranks in the top 6% of its street—it offers rare room for expansion, gardening, or recreation. The 2,132 sqft living area is also notably spacious, placing it in the top 7% of homes in Winnipeg. Key features include a renovated basement, a detached garage, and a pool.

The primary appeal lies in its established, high-ranking position within a sought-after location. The property consistently scores in the top 10% of its street and neighbourhood for lot size, living area, and assessed value, suggesting a premium and stable setting. It suits buyers looking for a generous, move-in-ready family home with established roots and outdoor potential. It’s particularly well-matched for those who value space over new construction, as the 1966 build date indicates a mature property where the value is derived from its land and location rather than modern fixtures.

A less obvious perspective is the home’s potential as a long-term hold in a consistently high-performing micro-location. The significant gap between its last sold price in early 2021 ($462k) and its current assessed value ($490k), during a period of market adjustment, hints at retained value and could appeal to the data-minded buyer looking for resilience.

Section 2: Frequently Asked Questions

1. How does the age of the home (built 1966) impact its value?
While newer homes typically rank higher, this property’s value is strongly driven by its large lot and spacious interior. Its rankings for size and assessed value are in the top percentiles, indicating that the land and location are compensating for the building’s age. Buyers should budget for updates consistent with a home of this vintage.

2. What do the “top percentile” rankings actually mean?
They show how this property compares to others. For example, “Top 6% in same street” for lot size means 94% of homes on Athlone Drive have a smaller land area. This consistently high ranking across categories confirms it’s one of the larger, more valuable properties in its immediate area.

3. The home has a pool. What should I consider?
A pool is a premium feature that adds to leisure appeal but requires seasonal maintenance and insurance considerations. Given Winnipeg’s climate, its usability is limited to a few months per year, so it should be valued as a lifestyle amenity rather than a primary financial investment.

4. How stable is the property’s value based on this data?
The assessed value ranks significantly higher than the Winnipeg average, and the home has historically sold in the top quartile of the city. This suggests a history of holding value well above typical market levels, which often points to a desirable and stable location.

5. Who are the most likely neighbours or comparable buyers?
The nearby and similarly valued properties are all on quiet, established streets in neighbourhoods like Elmhurst and Eric Coy. This indicates a buyer profile that values space, tranquility, and established communities, often families or those seeking a long-term home rather than a downtown-oriented lifestyle.