314 Larche Crescent

Property Overview

This one-storey home at 314 Larche Crescent in Winnipeg's Kildare-Redonda neighbourhood presents a straightforward, low-maintenance living option. Built in 1972, the 960 sqft house sits on a standard 5,095 sqft lot and features a renovated basement and a detached garage. The home’s standout characteristic is its strong assessed value relative to its immediate area, ranking in the top 8% on its own street and top 7% in the neighbourhood, suggesting it is viewed as a solid asset within its local market. Its living space is notably above average for the street but more modest when compared to the wider city. The property last sold in May 2022.

Key Characteristics & Appeal

The primary appeal of this property lies in its position as a well-regarded, established home in a mature neighbourhood. It suits first-time buyers, downsizers, or practical investors looking for a manageable footprint without a major renovation project, thanks to the updated basement. A thoughtful perspective is that its high assessment ranking on the street and in the area could indicate it has been better maintained or updated than many direct comparables, offering a sense of relative value and stability in its micro-market. However, buyers seeking larger square footage or newer builds city-wide may find it average. Its one-storey design and renovated basement also make it a potential fit for those planning for or currently living with mobility considerations.

Frequently Asked Questions

1. What does the assessed value ranking actually mean?
It means the municipal property assessment for this home is higher than most similar homes on its street and in the Kildare-Redonda area. This often reflects updates, condition, or desirable lot traits, but it's not a direct indicator of market selling price.

2. Is the living space considered small?
It depends on the comparison. At 960 sqft, it's above the average for homes on Larche Crescent but below the average for a typical Winnipeg house. It's a compact, efficient layout.

3. What is included in the "renovated basement"?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification from the seller or a viewing to understand the finish quality and layout.

4. How can I find out the exact past sale price?
The exact sold price from May 2022 is not publicly displayed. As noted on the detail page, you must request it directly via email from the service, which provides the accurate figure manually.

5. What are the implications of a detached garage?
A detached garage offers flexibility and can reduce noise transfer to the house. However, it requires going outside to access, which can be a consideration during Winnipeg winters.