Property Overview
This 720 sqft bi-level home at 319 Larche Crescent in Winnipeg’s Kildare-Redonda neighbourhood presents a compact, entry-level opportunity. Built in 1972, its key feature is a renovated basement, adding functional living space. The home sits on a 3,535 sqft lot and does not include a garage or pool. Its appeal lies in its affordability and updated basement, positioning it well below the citywide averages for both size and assessed value. This is a practical, no-frills property that suits first-time buyers, investors looking for a rental property, or downsizers seeking a manageable footprint with some modernized finishes. A thoughtful perspective is that its smaller scale and lot size translate to lower maintenance costs and effort, which can be a significant hidden value. Additionally, while its metrics are below average for the city, it ranks more competitively within its immediate street and area for year built, suggesting it fits the established character of this specific locale.
Frequently Asked Questions
1. What does the "renovated basement" likely include?
While specifics aren't listed, a renovated basement in a home of this era and price point typically means it has been finished into a livable space, possibly with a recreation room, bedroom, or basic living area. It’s advisable to confirm the permits and quality of the renovation.
2. How does the assessed value relate to the likely selling price?
The assessed value is $23,300 for tax purposes, which is significantly lower than the citywide average. Historical sold price data from 2019 shows it previously sold in the $18.5k-$21.5k range. The selling price will be determined by the current market, but these figures strongly indicate this is a very low-price-point property.
3. What are the implications of having no garage?
Parking will be limited to driveway or street parking. This is a common trade-off for affordability in many older neighbourhoods and is a factor to consider for vehicle storage and during Winnipeg winters.
4. The home is smaller than average. Is that a concern?
The living area is below average for the street, area, and city. This makes it a compact living space, ideal for individuals, couples, or those comfortable with efficient living. The renovated basement is crucial as it effectively expands the usable space.
5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed. You can request them by email through the listing site. They provide this data manually and state they will not use your email for unsolicited marketing.