Property Overview & Key Characteristics

This 1961-built, one-storey home in St. Norbert sits on a generous 7,709 sqft lot, which is notably larger than most in the immediate area and across Winnipeg. Its primary appeal lies in this combination of a renovated basement and substantial, private outdoor space—a increasingly rare find for a home of its era. With 1,161 sqft of living space and a detached garage, it offers practical, single-level living.

The property’s assessed value positions it solidly within its neighbourhood and suggests a home that has been maintained or updated over time. It would particularly suit first-time buyers or downsizers looking for a manageable footprint without sacrificing yard size, or investors attracted by the lot’s potential in a well-established community. Its charm isn't in being the newest or largest home on the block, but in offering a balanced, grounded package with room to breathe.

Frequently Asked Questions

1. How does the lot size compare to newer developments?
At over 7,700 sqft, this lot is significantly larger than those typically found in modern suburban subdivisions, where lots are often half this size. This is a key differentiator offering more privacy and space for gardens, play, or expansion.

2. What does having a "renovated basement" typically mean for a home from this era?
For a 1960s home, a renovated basement often addresses common foundational updates like moisture control and insulation, while potentially adding modern living or recreational space. It’s a major plus, as finishing a basement from scratch in an older home can be a substantial project.

3. Is the detached garage a pro or a con?
This depends on preference. A detached garage provides separation from house noise and fumes, and can offer more flexibility for a workshop. However, it is less convenient than an attached garage during Winnipeg winters.

4. The home is older—what should I budget for maintenance?
While the renovated basement is a positive, a home from the 1960s will still have aging core components. Prospective buyers should plan for potential updates to the roof, windows, and major mechanical systems like the furnace, and have a thorough inspection.

5. How does the assessed value relate to the likely selling price?
The assessed value of $380k is for municipal tax purposes and is based on a mass appraisal from a prior date. It’s a useful benchmark, but the final sale price is determined by the current market, condition of the home, and buyer demand. It’s common for sale prices to be above or below the assessed value.