Property Overview: 17 Mapleton Drive, The Maples, Winnipeg

Section 1: Key Characteristics & Appeal

This 1972 bi-level home at 17 Mapleton Drive presents a practical and value-conscious opportunity in The Maples neighbourhood. Its key characteristic is a recently renovated basement, adding immediate move-in appeal and functional living space to the 760 sqft main floor. The lot is a notable feature, at nearly 3,000 sqft, which ranks in the top quarter for size on the street, offering generous outdoor space for a home of this era.

The primary appeal lies in its solid value proposition and efficient footprint. The home has demonstrated strong appreciation, with its last sale price in October 2024 significantly higher than its 2019 sale and current assessed value, indicating active market interest. It suits first-time buyers seeking a manageable starter home with recent updates, or investors looking for a stable rental property in a well-established area. A thoughtful perspective is that while the living area is compact, the renovated basement and above-average lot size provide crucial space for flexibility, whether for storage, recreation, or future projects, making it more versatile than the main square footage alone suggests.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing is essential to assess the quality, permitted status, and how it functions as living space (e.g., recreational room, additional bedroom potential).

2. How does the lack of a garage affect daily life and value?
The property has no garage. This is a common feature for many homes of this vintage in the area and is reflected in the pricing. Buyers should plan for on-driveway parking and consider the cost/feasibility of adding a shed or future garage, subject to local bylaws.

3. The home sold recently in October 2024. Why is it back on the market?
This is a key question for your real estate agent to investigate. The quick turnaround could be due to many neutral factors (investor flip, change in personal circumstances) but understanding the reason is important.

4. How does this home compare to others on the street?
The data shows it has a larger-than-average lot for Mapleton Drive and a living area size that ranks well. However, its recent sale price ranks in the middle of the street, suggesting it may offer a balance of space and price compared to neighbours.

5. Is the assessed value a reliable indicator of the selling price?
Not directly. The 2024 sale price is already well above the current assessed value, which is common. Assessments are for municipal tax purposes and often lag behind the current market. The recent sale history is a more relevant guide for expected value.