Property Overview: 420 Yale Avenue E, Winnipeg
Key Characteristics & Appeal
This is a well-established, two-and-a-half storey home in Kern Park, built in 1918. With 1,498 sqft of living space, it offers a comfortable size that is above average for its immediate neighborhood. A key modern update is its renovated basement, adding functional living area. The property includes a detached garage and sits on a 3,300 sqft lot.
Its appeal lies in its position within a mature community, offering character and space that outperforms many local comparables. The home’s assessed value is modest relative to the city-wide average, suggesting a potentially accessible entry point into the neighborhood. It suits buyers looking for a classic home with some updates in a settled area, who prioritize interior space over a large yard. A thoughtful perspective is that while the lot is smaller than most, this can mean less maintenance, and the home’s above-average interior size for Kern Park represents efficient use of the property.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
At 1,498 sqft, the living area is actually above average for the Kern Park neighborhood, ranking in the top 8% locally. This means it offers more interior space than most comparable homes nearby.
2. Is the assessed value a good indicator of the market price?
The assessed value is one data point for municipal tax purposes. It is around average for the street and neighborhood but below the city-wide average. Market price is influenced by many other factors, including condition, updates, and current market trends.
3. What should I know about a home built in 1918?
While offering classic charm, a home of this age may have older building materials and systems. The renovated basement is a positive update, but a thorough inspection is recommended to understand the condition of the roof, wiring, plumbing, and foundation.
4. The lot seems smaller than average. Is that a concern?
The 3,300 sqft lot is below average for the street, neighborhood, and city. This means smaller outdoor space but also typically less yard maintenance. It’s a trade-off that prioritizes the home’s footprint and may appeal to those seeking a lower-maintenance property.
5. Where can I find the exact historical sale prices?
Exact sold prices are not publicly displayed in detail here. You can request the precise sale history by emailing through the provided form on the listing page; the service aims to provide the information manually by the end of the same day.