Property Overview: 422 Yale Avenue E, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Kern Park is a practical and well-situated property. Built in 1951, it offers 1,384 sqft of living space and sits on a 4,950 sqft lot with a detached garage. A key feature is its renovated basement, adding functional living space. The home’s metrics are consistently "around average" for its immediate street and neighbourhood, but it stands out in Kern Park for its above-average living area and larger-than-typical lot for the area. This suggests a home that offers more interior and yard space than many of its local peers, without being an outlier.
Its appeal lies in its grounded, neighbourhood-centric value. It’s not the newest or largest home citywide, but within the context of Kern Park, it provides solid space and a renovated element. It would suit a first-time homebuyer or a downsizer looking for a manageable, character home in a mature neighbourhood without the premium of a newer property. The detached garage and generous lot also appeal to those who value practical outdoor space and storage.
Frequently Asked Questions
1. How does this home truly compare to others in Kern Park?
While average in many categories for the city, this home ranks in the top 11% for living area and the top 21% for lot size within Kern Park specifically. This means you get more interior space and yard than most homes in this neighbourhood.
2. What does the assessed value indicate?
The assessed value of $31,300 is around the neighbourhood average. It’s important to note this is for municipal tax purposes; the actual market value and recent sold price ranges are different figures, which can be requested directly.
3. What are the implications of a renovated basement?
A renovated basement adds immediate functional living space without the need for a major project. Prospective buyers should inquire about the quality of the renovation, whether permits were obtained, and how it affects the home's overall moisture management and insulation.
4. Is the detached garage a significant feature?
In a mature neighbourhood, a detached garage is a valuable asset for vehicle protection, storage, or as a potential workshop space. It also offers flexibility that an attached garage does not.
5. What is the historical price trend for this property?
Public data shows it last sold in August 2021 for an estimated range. For precise historical sold prices to understand its market trajectory, you must request the exact figures directly, as they are not fully disclosed in public records.