Property Overview: 543 Harvard Avenue E, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This one-storey home in Kern Park is a compact, efficiently sized property built in 1958. With 903 sqft of living space and a renovated basement, it offers a manageable footprint on a standard 4,400 sqft lot. Its appeal lies in its relative modernity compared to many neighbours—it’s notably newer than most homes on its street—and its updated basement, which adds functional space. The assessed value is modest, positioning it as an accessible entry point into the Winnipeg market.
This property would best suit first-time buyers, downsizers, or pragmatic investors seeking a low-maintenance home without major renovation needs. Its below-average size and value citywide suggest it’s a practical, no-frills option. A thoughtful perspective is that while the home is smaller than area averages, its newer build date may imply fewer immediate concerns about aging infrastructure (like wiring or plumbing) common in much older Winnipeg homes, offering a balance of character and practicality.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 903 sqft, the living area is below average for both the street and the city overall, but it is around the average size for the Kern Park neighbourhood specifically. This makes it a typically sized, compact home for the immediate area.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finish. Buyers should inquire about the permitted use, ceiling height, finish quality, and whether it includes a separate entrance or bathroom.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value is $28,200 for taxation purposes. The last recorded sale was in 2020 for an estimated $24.5k–$27.5k. Market conditions have changed since then, so the current selling price will be determined by recent comparable sales and buyer demand.
4. There’s no garage. What are the parking options?
The property has no garage. Parking is likely via a driveway or on-street. Confirm the driveway capacity and review any local street parking regulations.
5. The home is newer than others on the street. What are the implications?
Built in 1958, it is significantly newer than the street average (1936). This can be an advantage, potentially meaning updates to major systems are more recent. However, a full inspection is still essential to understand the condition of the roof, windows, and foundation, which are all nearing or within typical replacement ages for a home of this era.