532 Harvard Avenue E

Property Overview: 532 Harvard Avenue E, Kern Park, Winnipeg

Key Characteristics & Appeal

This one-storey home in Kern Park is a practical and well-situated property. Its key characteristic is a sense of balance and relative modernity within its context. Built in 1958, it is notably newer than many homes on its street and in the wider Kern Park area, which can suggest updated core systems and potentially fewer immediate maintenance concerns related to age.

The appeal lies in its efficient footprint (903 sq ft living area) on a good-sized lot (4,500 sq ft), offering low-maintenance living with ample outdoor space. The home features a renovated basement and a detached garage. From an investment perspective, its assessed value sits above average for Kern Park, indicating it is viewed favorably relative to its immediate neighborhood peers.

This property would suit first-time buyers seeking a manageable, move-in-ready home, or downsizers looking for single-level living without sacrificing yard space. It also appeals to value-conscious buyers who prioritize a home that is newer than its surroundings, potentially offering a practical advantage in upkeep.

Frequently Asked Questions

1. How does the size of this home compare to others?
While the living area is below the city-wide average, it is quite typical for the Kern Park neighborhood. The efficient layout is balanced by the property's larger-than-average lot size for the area.

2. What does the assessed value ranking tell me?
The assessment is above average for Kern Park but average for its specific street. This often suggests the property is in good condition and aligns with a desirable segment of the neighborhood, without being an outlier on its block.

3. The home was last sold in 2021. What does that indicate?
A relatively recent sale suggests the current market price may be more aligned with modern valuations than older, long-held properties. It also implies potential updates or changes were made in the last few years.

4. Is a detached garage a benefit?
Yes, it provides flexible storage or workshop space separate from the house. It can also be a safer option for parking and storing vehicles or equipment.

5. Why is the year built a notable feature?
A 1958 build date is newer than the median for the area. This can be a subtle advantage, meaning the home may have construction methods, electrical, or plumbing that are more modern than many of its neighbors, potentially reducing the need for near-term major updates.