Property Overview: 201 Regent Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Kern Park presents a practical and efficient living space. Its key features include a renovated basement, a detached garage, and a 1,080 sqft layout that is notably above average for both its immediate street and the Kern Park neighbourhood. Built in 1967, the home is newer than most in the area, which can suggest more modern construction fundamentals compared to the neighbourhood's older average.
The primary appeal lies in its balance of updated living space and a location within a stable, established community. The above-average living area and recent basement renovation offer move-in-ready space without the premium of a brand-new build. The property’s assessed value is strong for the street, indicating good relative value. It would suit first-time buyers seeking a manageable, updated home, or downsizers looking for single-level living with a finished basement for extra room or potential rental income. A thoughtful perspective: while the lot size is smaller than area averages, this translates to less yard maintenance—a potential benefit for those seeking a low-upkeep property without sacrificing interior space.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,080 sqft, this home offers more living space than most comparable homes on Regent Avenue E and within the broader Kern Park area, where averages are 974 sqft and 1,047 sqft, respectively.
2. Is the 1967 build date a concern?
Quite the opposite. With a build year of 1967, this home is newer than approximately 85% of homes on its street and 88% in Kern Park, where average build years are 1952 and 1947. This suggests potentially fewer age-related issues than many neighbouring properties.
3. What does the assessed value tell us?
The assessed value of $30.7k is above average for the street, ranking in the top 20%. This can indicate that the property, likely due to its size, condition, and renovations, is valued more highly than its direct neighbours by the municipal assessment.
4. Is the lot size a drawback?
The 3,300 sqft lot is smaller than typical for the area. This means less private outdoor space but also significantly reduced yard maintenance. It’s a trade-off that prioritizes interior living space over a large garden.
5. Who might this property not suit?
Buyers seeking a very large yard for gardening or recreation, or those looking for a multi-storey layout, might find other properties more suitable. It’s ideal for those who value efficient, updated living space over extensive land.