Property Overview: 570 Kent Road, East Elmwood, Winnipeg
Key Characteristics & Appeal
This two-storey home at 570 Kent Road is a notably spacious property within its East Elmwood neighborhood. With 1,924 sqft of living space, it ranks in the top 9% for size locally, offering significantly more room than the area average. The house sits on a 5,128 sqft lot and features a detached garage. Built in 1960, it is newer than most homes on its street. A key point for buyers is the unrenovated basement, which presents a blank canvas for finishing to suit new owners' needs. The home last sold in September 2024 for $340,000.
Its primary appeal lies in its above-average interior space for the area, providing room to grow without the premium price of a fully updated home. It suits practical buyers looking for a solid, spacious family home in a established neighborhood who are comfortable with, or even prefer, the opportunity to customize parts of the property, like the basement, themselves over time. It represents a balance of size and value, ideal for those who prioritize square footage over move-in-ready perfection.
Frequently Asked Questions
1. How does the home’s size compare to others?
It is quite spacious for East Elmwood, with living area in the top 9% of the neighborhood. It is also larger than most homes on Kent Road itself and above the citywide average.
2. What does “basement not renovated” mean?
The basement is unfinished or in its original state. It has not been modernized or converted into a living space, offering the next owner the opportunity to design and finish it according to their own preferences and budget.
3. Is the sale price typical for the area?
The September 2024 sale price of $340,000 was above the average for the East Elmwood area, which is consistent with the home’s larger-than-average size and newer construction date relative to nearby properties.
4. How does the assessed value relate to the sale price?
The municipal assessed value is $37,200. It is important to understand that assessed value is used for property tax calculation and is typically much lower than a home’s market value and sale price, as seen here.
5. What is the land and lot like?
The 5,128 sqft lot is above average in size for East Elmwood, providing good outdoor space. On its specific street and compared citywide, the lot size is around the median, which is common for older, established neighborhoods.