Property Overview
This one-and-a-half storey home, built in 1927, is a classic Kern Park residence offering a blend of established character and practical updates. Its key appeal lies in its balanced, middle-of-the-road metrics within a desirable neighbourhood. The 1,188 sqft living space is comfortably above average for Kern Park, while the 4,950 sqft lot size is notably larger than many in the immediate area, offering good outdoor space. A recently renovated basement adds modern living space and utility. The home’s assessed value positions it as an accessible entry point into the neighbourhood, suggesting potential for buyers looking for value without sacrificing location.
It would suit first-time buyers or downsizers seeking a character home in a mature, central neighbourhood without the premium price tag of a fully modernized property. It’s also a practical fit for those who value a larger-than-average yard in the area over having the largest interior square footage. The detached garage adds convenience but may appeal most to buyers who don’t require integrated parking.
Frequently Asked Questions
1. How does this home compare in size and value to others nearby?
Within the Kern Park neighbourhood, this home’s living area is above average (top 20%), while its lot size is significantly larger than average (top 21%). Its assessed value is around the neighbourhood average, suggesting you get more space for a typical Kern Park price.
2. What should I consider about a home built in 1927?
While the basement has been renovated, the home’s age means prospective buyers should pay close attention to the condition of core systems (like plumbing, electrical, and the foundation) and the main-floor structure during an inspection. The character comes with a responsibility for ongoing maintenance typical of a century-old home.
3. What is the significance of the sold price history from 2021?
The listed sale in 2021 provides a historical benchmark, but market conditions have likely changed. It’s most useful for understanding the property’s trajectory rather than determining its current market value, which should be established by a current comparative market analysis.
4. How useful are the city-wide comparison rankings?
The city-wide rankings (where it often ranks in the middle tiers) are less relevant than the street and neighbourhood data. They highlight that this is a standard, established Winnipeg home, not an outlier, which can be positive for stable long-term value.
5. What are the next steps if I'm interested?
To get the exact historical sold price, you can request it via email from the site. For a true current evaluation, you should review the full listing details, arrange a viewing, and consult with a real estate agent to obtain up-to-date comparable sales and discuss the specific implications of the home’s age and renovation history.