Property Overview & Key Characteristics

This two-storey home on a large 6,357 sqft lot in the McMillan neighbourhood presents a compelling blend of space, established character, and modern updates. Its primary appeal lies in its generous proportions—the living area of 2,160 sqft ranks within the top 7% for size across Winnipeg—paired with a renovated basement and a detached garage. Built in 1953, it sits in a mature area where the lot size is notably larger than most on the street (top 2%) and in the neighbourhood (top 6%). The assessed value positions it as a premium property within its immediate area, suggesting a well-maintained or updated home in a desirable location.

This property would suit buyers looking for a spacious family home with room to grow, both indoors and on the lot, without taking on a full renovation project thanks to the updated basement. It’s ideal for those who value established communities with larger, private yards and appreciate a home that stands out in size within its local context. The data suggests it offers a balance between the charm of an older neighbourhood and the practicality of key modernizations.

Frequently Asked Questions

1. What does the "renovated basement" likely include?
While specifics aren't listed, a "renovated basement" in a home of this era typically means it has been finished into livable space, possibly including areas like a family room, office, or additional bedroom, and will have updated flooring, walls, and lighting.

2. How does the 1953 build year affect the home?
A home from 1953 will have classic construction and character but may still have original components like plumbing or electrical that could require attention or updating, despite the basement renovation. It's wise to have a thorough inspection.

3. The assessed value seems low for a home of this size. Why is that?
Municipal assessed values in Manitoba are often significantly lower than market value and are used for tax purposes, not sale pricing. The key takeaway is that this home's assessment is in the top 11% on its street, indicating it is valued higher than most nearby properties.

4. What is the neighbourhood (McMillan) like?
McMillan is an established, central Winnipeg neighbourhood. The listing shows a mix of historic and mid-century homes, suggesting a quiet, tree-lined area with character. Its high rankings for lot and living space indicate it's a area prized for larger properties.

5. How does this lot size compare to a new subdivision?
At over 6,300 sqft, this lot is substantially larger than typical modern suburban lots, offering more privacy, garden space, and outdoor potential. This is a major feature for buyers seeking room in a central location.