Property Overview: 539 Regent Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 539 Regent Avenue E in Kern Park stands out for its modern foundation in an established neighborhood. Built in 2019, it is notably newer than most homes on its street and across Winnipeg, offering contemporary construction and systems without the premium of a brand-new build. With 1,150 sqft of living space, it provides above-average roominess for both its immediate area and the Kern Park neighborhood. A key financial characteristic is its assessed value, which ranks in the top 5% on its street, suggesting a strong perceived value relative to nearby properties.
The appeal lies in this balance of modern convenience and neighborhood maturity. It suits practical, value-conscious buyers—perhaps first-time homeowners or small families—who want a move-in-ready, newer home without venturing to the outer suburbs. The detached garage adds functional appeal. A thoughtful perspective is that while the land size is modest compared to city averages, it translates to less yard maintenance, aligning with a low-maintenance lifestyle. The home’s strong assessed value ranking on its street may also indicate it's a standout property in that specific location, appealing to buyers looking for a "best on the block" scenario within a modest budget.
Section 2: Frequently Asked Questions
1. What does the "Elite" ranking for Year Built mean?
It means this home, built in 2019, is significantly newer than the vast majority of comparable homes in its immediate area, neighborhood, and even city-wide. You are getting a property with modern building standards and younger major systems.
2. How can the Assessed Value be in the top 5% on the street but only average city-wide?
Assessed values are relative. This home has a high value compared to its older, often smaller neighbors on Regent Avenue E. City-wide, however, it compares to all homes, including those in newer, higher-value subdivisions, placing it in the middle of the pack.
3. Is the basement finished?
The listing specifies the basement exists but is "not renovated." This typically means it is an unfinished space, offering storage or future expansion potential.
4. What are the likely property taxes?
While the exact amount isn't listed, taxes are based on the assessed value. With an assessed value of $38,600, you can estimate taxes using the City of Winnipeg's mill rate, but consulting a real estate professional for an exact calculation is advised.
5. Why is the sold price history from 2019 shown as a range?
The provided sold price is an estimate based on public data. To obtain the exact historical sale price, you must request it directly from the website via the provided email link, as they manually verify and supply accurate figures.