150 Princeton Boulevard

Property Overview

This two-storey home at 150 Princeton Boulevard offers a classic layout with modern practicality. Its primary appeal lies in the combination of a generous, mature lot and a solid, move-in-ready foundation. With over 12,400 square feet of land, the property provides exceptional outdoor space and privacy—a rarity that ranks it in the top 3% of Winnipeg for lot size. The home itself features a finished basement and a split garage, adding functional living and storage space.

It would be an excellent fit for buyers who value established neighborhoods with spacious yards over brand-new construction. It’s ideal for a family seeking room to grow, garden, or play, or for anyone looking for a property where the land itself is a significant long-term asset. The recent sale history shows steady appreciation, suggesting a well-maintained home in stable demand.

Key Considerations & FAQs

1. How does the age of the home (built in 1949) affect maintenance?
   While the home has been maintained, prospective buyers should budget for updates common to houses of this era. The roof, windows, and major mechanical systems should be carefully inspected. The upside is that the core structure has proven its durability over decades.

2. The lot is large, but what does that mean practically?
   Beyond privacy, a lot of this size (ranking in the 97th percentile city-wide) offers tremendous potential. It allows for expansions like a large deck, garden, or workshop, and provides a buffer from neighbors. It's an asset that is increasingly difficult to find in urban settings.

3. The home's living space is 1,265 sq ft. Is that sufficient for a family?
   Combined with the finished basement, the total usable space is quite comfortable. The two-storey design typically offers good separation between living and sleeping areas. The value here is weighted more toward the expansive outdoor living area than a massive interior.

4. The assessed value is $456,000, but it sold for $450,000 in 2023. What does this indicate?
   The close alignment suggests the market price and municipal assessment are in sync, reflecting a stable and realistic valuation. The steady climb in sale price over recent years points to a property in a desirable location.

5. What is the significance of the "split" garage?
   A split garage, typically a two-car garage divided by a wall, offers more than just parking. It provides flexible storage options, allowing for a dedicated workshop or lawn equipment area separate from vehicle storage, which is a practical feature for a property with a large lot.