Property Overview: 302 Leola Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kern Park is a practical and well-positioned property. Built in 1960, its 1,020 sqft living area is very typical for the immediate street and neighborhood, offering comfortable, manageable space. A key feature is the renovated basement, which adds valuable finished living area. The home includes a detached garage.
Its primary appeal lies in its strong standing within the local Kern Park context. While its size is average for the area, its assessed value ranks above average compared to neighbors, suggesting it may offer better finishes, condition, or lot utility than many nearby homes. The lot itself is compact at 3,604 sqft, which translates to less yard maintenance—a plus for some—but still near the neighborhood average.
This property would suit first-time buyers or downsizers looking for a move-in-ready home with a modernized basement in a stable, established neighborhood. It’s also a sensible choice for value-focused buyers who prioritize a home that performs well on local metrics over one with a large lot or citywide size comparisons.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The assessed value is above average for both Leola Street and the wider Kern Park neighborhood, indicating it is likely viewed favorably relative to local comparables in terms of condition or features.
2. Is the lot size a concern?
The lot is smaller than most on its specific street and citywide, but is around average for Kern Park. It offers a lower-maintenance yard, which can be an advantage, but may not suit those wanting extensive outdoor space.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This should be clarified during a viewing to understand the finish quality, ceiling height, and whether it includes legal egress or additional bedrooms.
4. How current are the sold price estimates shown?
The last estimated sale was in July 2020. The provided price ranges are based on public data; for exact historical sold prices, you must request the information directly via the website’s email system.
5. What is the neighborhood character like?
Kern Park is an established, post-war neighborhood. The home’s metrics—like its year built and living area—are very representative of the area, suggesting a consistent streetscape of modest, well-kept homes.