Property Overview: 578 Kent Road, East Elmwood, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1960, offers a compelling blend of space and value. Its primary appeal lies in its generous 2,072 sqft of living area, which places it well above average for the neighbourhood and city. This makes it a standout for buyers seeking more room without a premium price tag, as the assessed value remains relatively moderate for East Elmwood. The property features a detached garage and a standard-sized lot.
The home suits practical buyers who prioritize interior space over land size or a renovated basement (which is noted as not being renovated). It’s an ideal canvas for someone comfortable with gradual updates. A thoughtful perspective is that its newer build year relative to the immediate street is a subtle advantage, potentially meaning fewer major age-related issues than neighbouring homes. The appeal is grounded in solid fundamentals—more house for your money in a mature area—rather than luxury finishes.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is not renovated. This presents an opportunity for future customization but requires factoring in potential development costs.
2. How does the property’s value compare to the area?
The home’s assessed value is above average for East Elmwood but its living space is significantly larger than area norms. This suggests you are paying more for the structure and space itself rather than the land.
3. What is the lot size?
The lot is 4,847 sqft. It is slightly below average for Kent Road but is generally in line with the typical lot size for the broader East Elmwood neighbourhood.
4. When was it last sold?
The property last sold in August 2016 for $33,300.
5. What does the "Top X%" ranking mean for the Year Built?
A ranking in the "Top 4%" for year built on its street means this home is one of the newer houses on Kent Road, built later than about 96% of its direct neighbours. This is a relative indicator of a potentially younger roof, furnace, or major systems.