537 Harvard Avenue E

Property Summary: 537 Harvard Avenue E, Winnipeg

Key Characteristics & Appeal

This one-storey home in Kern Park is a practical and well-situated property. Built in 1958, it is notably newer than many homes on its street and in the wider area, which can suggest updated core systems and potentially fewer immediate maintenance concerns compared to older peers. The home features 1,037 sqft of living space and a renovated basement, adding functional space. It sits on a 4,400 sqft lot and includes a detached garage.

Its primary appeal lies in its solid positioning within a established neighborhood. The assessed value ranks above average for Kern Park, indicating it is viewed favorably relative to its immediate local market. For its size and era, it represents a grounded opportunity without extreme premiums or discounts. This property would suit first-time buyers or downsizers looking for a manageable, single-level layout in a mature area. It also appeals to value-conscious buyers who appreciate a home that is newer than its surroundings and has already seen updates like a basement renovation.

Frequently Asked Questions

1. How does this home’s age compare to others nearby?
At 68 years old (built in 1958), this home is significantly newer than the average on its street (where comparable homes average 1936). This is a relative advantage in an older neighborhood.

2. What does the “above average” assessed value for Kern Park mean?
It means the municipal assessment for this home is higher than about 70% of comparable properties in Kern Park. This can reflect the renovated basement and its newer construction date, but it’s important to distinguish assessed value from market value.

3. Is the living space considered small?
At 1,037 sqft, it is slightly below the city-wide average but is very typical for the Kern Park area itself. The renovated basement effectively adds to the usable space.

4. Can I get the exact historical sale price?
The listed sale range is based on public data. The exact sale price from December 2021 is available by request from the listing service, which they provide manually via email.

5. What is the potential based on the lot size?
The 4,400 sqft lot is fairly standard for the area. While not oversized, it provides typical yard space for the neighborhood and may offer standard redevelopment or expansion possibilities within local zoning rules.