Property Overview & Key Characteristics
This two-storey home at 307 Regent Avenue E in Winnipeg's Kern Park neighbourhood is a modern, low-maintenance property built just two years ago. Its primary appeal lies in its combination of new construction benefits—like modern building standards and minimal immediate repair needs—with a surprisingly spacious 2,700 sqft lot, placing it in the top 10% for street lot size. The 1,596 sqft living area is well above average for the area, and the basement has been renovated, adding functional space.
The property suits first-time buyers or professionals seeking a turn-key home without the hassles of an older property. It also appeals to value-focused buyers, as its assessed value is highly competitive, ranking higher than over 80% of Winnipeg. A less obvious angle is its potential for long-term stability; being one of the newest homes on a street with many older properties suggests it may age well relative to its neighbours. The generous lot also offers future flexibility for gardening, outdoor living, or expansion that newer infill properties on smaller lots often lack.
Frequently Asked Questions
1. Is this a brand-new build?
No, it was built in 2024, so it is two years old. This means it’s still under warranty for major structural elements, but any initial "newness" issues have likely been resolved by the first owners.
2. How does the assessed value compare to the likely selling price?
The assessed value is $48,900, which is a municipal valuation for tax purposes. In a neighbourhood with many newer homes like Kern Park, market prices often trend above assessed value, but this figure provides a strong, competitive baseline.
3. There's no garage listed. Is there parking?
The listing specifies no garage. Parking would be via driveway or street. Given the large lot size, there is likely a dedicated driveway, but this should be confirmed with the seller or a viewing.
4. The home is newer, but how does the neighbourhood feel?
Kern Park features a mix of older character homes and modern infill construction. This home is among the newest on its street, offering modern interiors while being part of an established community with mature trees and settled infrastructure.
5. Why is the lot size highlighted as a key feature?
At 2,700 sqft, the lot is significantly larger than many typical newer infill lots. This provides more private outdoor space, better potential for landscaping, and a greater sense of openness than is common for a home of this age.