Property Summary: 111 Belton Street, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Inkster Gardens is defined by its generous space, both indoors and out. With nearly 2,000 sqft of living area and a renovated basement, it offers ample room for a growing family or those who value separate living and recreational spaces. The lot is a significant feature, ranking in the top 12% of the neighbourhood for size at over 6,200 sqft, providing substantial outdoor potential. Built in 1986, the home is of a solid, established vintage common to its immediate area.

Its primary appeal lies in offering above-average space and land for its assessed value tier within the local context. It’s a practical choice for buyers seeking a larger footprint without a premium price tag, and who are comfortable with a home from the 1980s. The renovated basement adds modern utility, while the attached garage is a practical asset for Winnipeg winters. This property would suit first-time buyers needing space to grow, or value-focused investors looking for a roomy rental property in a stable neighbourhood. A less obvious perspective is that its consistent "above average" rankings across metrics for the street and area suggest it's a standout property within its own micro-market, potentially offering more stability than neighbouring homes with greater compromises.

Section 2: Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often different from market value. The last known sale was in 2016 for approximately $33.5k–$36.5k, so the current assessed value of $48.20k reflects significant appreciation, but the actual market price will be determined by current conditions and buyer demand.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to determine the finish quality, ceiling height, legal egress, and whether it includes a bathroom or kitchenette.

3. Is the large lot a benefit for future expansion?
The 6,294 sqft lot certainly provides space for additions, a large garage, or landscaping projects. However, any major expansion would require checking with the City of Winnipeg for zoning bylaws, setback requirements, and permitting.

4. How does the age of the home (1986) affect maintenance?
Homes from this era may have original major systems, like the roof, windows, or furnace, nearing or exceeding their typical lifespan. A thorough inspection is crucial to budget for potential updates, though the building itself is from a period of generally robust construction.

5. What is the neighbourhood character of this part of Inkster Gardens?
The provided data shows homes on Belton Street are very consistent in age and value, suggesting a mature, settled streetscape. The close proximity of similar properties, as listed, indicates a neighbourhood with a uniform character rather than one with a mix of old and new homes.