Property Summary: 55 Shelmerdine Drive

Key Characteristics & Appeal

This Southboine two-storey home, built in 1986, presents a solid and well-established offering on a spacious 6,599 sqft lot. Its primary appeal lies in its balance of ample living space (1,671 sqft), a finished basement, and a desirable location within Winnipeg. The data suggests a property that outperforms most of the city in terms of lot size, living area, and assessed value, indicating a strong foundational investment.

Its character is one of reliable, mature stability rather than new-build modernity. The home would particularly suit practical buyers—perhaps growing families or downsizers seeking single-level living in the finished basement—who value space and location over a renovation-free move-in. A thoughtful perspective is its relative "newness" within its own immediate street and community, ranking newer than over 90% and 74% of neighboring homes, respectively. This means it may offer more contemporary layouts and systems than many direct comparables, providing a subtle advantage in an older, established area.

Frequently Asked Questions

1. How does the 40-year age of the home affect its value?
While 40 years old, the home ranks as newer than the vast majority of houses on its street and in its wider community. This suggests it may have been built later in the area's development cycle, potentially benefiting from more modern construction standards of the time compared to immediate neighbors.

2. What do the ranking percentages actually mean for a buyer?
They show the home's competitive position relative to others. For example, ranking in the "top 20%" in Winnipeg for living area means it is larger than 80% of city homes, a significant advantage. The "top 21%" ranking for lot size city-wide is another key strength.

3. Is the finished basement included in the 1,671 sqft living area?
Typically, "living area" (or above-grade square footage) does not include basement space, finished or not. The 1,671 sqft refers to the main and upper floors. The finished basement provides additional, valuable living space beyond that figure.

4. The community ranking for value is lower than the city-wide ranking. Why?
The home's assessed value ranks higher than 81% of all Winnipeg homes but only 43% within its own community. This indicates the immediate Southboine area may have a higher concentration of valuable properties, making this a strong performer city-wide that is more average within its own desirable neighborhood.

5. What is the significance of the lot size?
At 6,599 sqft, the lot is substantially larger than the Winnipeg average. This offers greater outdoor privacy, space for gardens or recreation, and future potential, which is a finite and increasingly valuable commodity in mature city neighborhoods.