Property Overview
This one-storey home at 319 Keenleyside Street in East Elmwood presents a practical and straightforward opportunity. Its key appeal lies in its balance of a renovated basement, a detached garage, and a notably generous lot for the area—at 4,870 sqft, the land size is above average for Keenleyside Street. With 840 sqft of living space, the house itself is compact, placing it below the citywide average for size, which suggests a focus on efficient living rather than spaciousness. The assessed value is modest relative to the wider Winnipeg market, positioning it as an accessible entry point.
The property would suit first-time buyers or downsizers seeking a manageable, single-level layout with a low-maintenance footprint. Its value is grounded in its lot potential; the sizable yard offers room for gardening, expansion, or outdoor living that is harder to find in newer subdivisions. It’s a home for someone who prioritizes utility and land over square footage, and who sees the renovated basement and garage as functional assets for storage, hobbies, or additional flexible space.
Frequently Asked Questions
1. How does the home’s size compare to the neighborhood?
At 840 sqft, the living area is below the average for both Keenleyside Street (1,023 sqft) and the city overall. This indicates a cozier, more efficient layout typical of its 1956 build era.
2. Is the assessed value a reliable indicator of the likely sale price?
The assessed value is a municipal tax valuation, not a market price. The last known sale was in 2017 for $24.5k. Given market changes and the renovated basement, a current sale price would be determined by recent comparable sales and buyer demand.
3. What does "above average" land area for the street mean?
The lot is 4,870 sqft, ranking in the top 30% on Keenleyside Street. This means you’re getting more outdoor space than most direct neighbors, a valuable asset for privacy or future projects.
4. Who might find the detached garage particularly valuable?
Beyond vehicle storage, it’s ideal for a hobbyist, woodworker, or someone needing workshop space. It also offers flexible storage solutions, which can be a advantage with the home’s smaller interior square footage.
5. What is the immediate neighborhood of similar homes like?
The listing shows several nearby homes on the same street, suggesting a stable, established streetscape with consistent property types. This often leads to a uniform neighborhood character and predictable upkeep standards.