Property Overview: 535 Harvard Avenue E, Kern Park, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1958, featuring a renovated basement and a detached garage. With 785 sqft of living space, it is notably smaller than most homes in its immediate area and across Winnipeg, positioning it as a more manageable and efficient property. Its assessed value of $270k is relatively modest for the city, offering an accessible entry point into the market. The appeal lies in its simplicity and practicality: the renovated basement adds functional space, the lot size is consistent with the neighbourhood, and its age is actually newer than many surrounding homes. This property would best suit first-time buyers, downsizers, or investors looking for a straightforward, lower-maintenance home without the premium price tag of a larger or fully modernized property. Its value is in its utility and location, rather than in size or luxury finishes.
Frequently Asked Questions
1. Is the living space too small for a small family?
While the above-ground living area is compact, the renovated basement effectively doubles the usable space, making it more functional than the square footage alone suggests. It would be cozy for a family but could work for a couple or a single occupant.
2. Why is the assessed value lower than the city-wide average?
The assessed value reflects the home's smaller size and simpler building type compared to the city-wide average home. It's more in line with values within the Kern Park neighbourhood itself.
3. How does the year built (1958) compare to nearby homes?
Interestingly, this home is newer than many on its street and in Kern Park, where average build years are 1936 and 1947, respectively. This could suggest potentially fewer issues with very old infrastructure.
4. What are the implications of having a detached garage?
A detached garage offers flexibility and can be useful for storage or a workshop. However, it means accessing your vehicle in the winter will require going outside.
5. The last sold prices seem very low (e.g., $25k-$28k). Is this accurate?
The listed sold prices are broad estimates from public data. For an exact historical sale price, you must request the information directly from the site via email, as these figures likely represent partial or outdated data.