Property Overview & Key Characteristics
This two-storey home on Kilkenny Drive is a standout property in Fort Richmond, primarily due to its exceptional scale and established setting. Its most defining feature is the expansive 5,442 sqft of living space, which places it in the top 1% of homes in Winnipeg for size. The property sits on a large, approximately 3-acre lot (129,553 sqft), offering remarkable privacy and space rarely found within the city. Key amenities include a renovated basement, an attached garage, and a private pool.
The appeal lies in the unique combination of a massive, family-sized home on a private, park-like lot, all within a mature Winnipeg neighbourhood. It suits buyers looking for a legacy property with ample room for multi-generational living, extensive entertaining, or simply unparalleled indoor and outdoor space without leaving the city limits. It’s a fit for those who value established communities and are willing to take on a home with character from the 1970s, appreciating that its value is anchored in its substantial land and square footage rather than being newly built.
A thoughtful perspective is the significant value proposition when compared to nearby properties. The home's assessed value is consistent with much smaller lots and houses in the area, suggesting the market may undervalue the sheer scale of what’s offered here. Additionally, while the home itself is 51 years old, its rankings show it is newer than many in the immediate vicinity, indicating it’s among the more recent builds on a street of mature properties.
Frequently Asked Questions
1. How does a house with such a large lot and living area compare in price to its neighbours?
The data shows a significant disparity. While this home’s assessed value is $92.30k, comparable assessments on the same street are attached to properties with a fraction of the land and living space. For example, nearby reference properties on Patricia Avenue and Kilkenny Drive are assessed in the $40k-$46k range but are 1,100-1,600 sqft on standard lots.
2. What does the "Top X%" ranking for the living area and land size actually mean?
These percentiles are powerful indicators of rarity. A ranking in the "Top 1%" for living area in Winnipeg means that out of every 100 homes in the city, 99 are smaller. Similarly, the land size ranking confirms this is one of the largest private residential plots available.
3. The home was built in 1975. What should I consider about its age?
While the building is 51 years old, it is newer than roughly two-thirds of the homes on its street and in Fort Richmond. This suggests infrastructure like wiring or plumbing may be from a later era than many neighbours. The renovated basement is a noted update.
4. Is the pool a common feature for homes in this area?
No. The listed pool is a notable and uncommon luxury for this neighbourhood, especially on a lot of this size where it can be situated privately. It adds a recreational amenity not found in the comparable properties listed.
5. The last sold price in 2019 was $73.20k, but the assessed value is now $92.30k. What does this indicate?
This shows a considerable increase in its official assessed value over a 5-year period, reflecting market recognition of its unique attributes—particularly the immense lot and living space. The sold price from 2019 provides a historical benchmark, but the current assessment suggests its valuation has grown significantly.