Property Summary: 530 Kent Road, Winnipeg
Key Characteristics & Appeal
This one-storey home in East Elmwood presents a practical and well-maintained offering. Its key features include a renovated basement and a detached garage on a standard 5,122 sqft lot. With 1,014 sqft of living space, it sits comfortably within the average range for its immediate neighborhood and street, making it a typical, manageable size for the area.
The appeal lies in its solid positioning within a stable community. The home’s assessed value ranks notably above average for East Elmwood, suggesting it is a well-regarded property in its local market. A thoughtful perspective is its year of build (1960), which is newer than most homes on its street and in the neighborhood, potentially indicating fewer concerns related to the very oldest infrastructure. It suits first-time homebuyers, downsizers, or practical investors looking for a turnkey, low-maintenance property in a mature area without the premium of a newer subdivision. It’s a home for those who value neighborhood consistency over standout size or luxury features.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,014 sqft, the living area is very close to the city-wide average for comparable homes and is a typical size for East Elmwood. It is somewhat smaller than the average on its own street, but ranks solidly in the middle of the pack there.
2. What does the "above average" assessed value for the neighborhood mean?
The assessed value ranks in the top 19% for East Elmwood. This generally indicates that, according to municipal assessment, this property holds more value than most in the immediate area, which can be a positive signal of its condition, lot, or desirability within the community.
3. Is the basement renovation reflected in the official data?
The listing notes a renovated basement, which is a functional asset. However, this may not be fully captured in the square footage or assessed value metrics provided here, as those often reflect original building characteristics. The renovation adds practical living space and modern convenience.
4. What is the history of price changes for this property?
Public sale records show previous transactions in 2019 and 2017. The sale prices from those years ranked from average to above-average for the neighborhood at those times, showing consistent marketability.
5. How does the age of the home compare?
Built in 1960, this home is newer than most on Kent Road and in the East Elmwood area. This is a less obvious advantage, potentially meaning updates to core components may have occurred more recently than in many neighboring houses, though specific details should be verified.