Property Overview
327 Larche Crescent is a renovated bi-level home in Winnipeg's Kildare-Redonda neighbourhood. Built in 1972, it offers 800 sqft of living space and sits on a 3,593 sqft lot. Key features include a renovated basement and no garage. Recent sales data shows it sold in 2016 and again in 2020, with its current assessed value positioned below area averages.
Section 1: Key Characteristics & Appeal
This home’s primary appeal lies in its balance of recent updates and a manageable scale. The renovated basement adds functional living space, making the total footprint more practical than the main floor square footage alone suggests. Its lot size, while smaller than many in the city, offers low-maintenance outdoor space—a notable advantage for those seeking a simpler yard.
The property consistently ranks below the average for size and value within its immediate area, Kildare-Redonda, and city-wide. This isn’t necessarily a drawback; it indicates a more accessible price point in a mature neighbourhood. The home is newer than many in Kildare-Redonda, potentially suggesting fewer concerns related to the age of core components compared to neighbouring houses.
It would best suit first-time buyers, downsizers, or practical investors seeking an entry into the market with immediate livability. It’s for those who prioritize a renovated interior and a manageable property over expansive square footage or a large lot. The lack of a garage means it appeals to buyers comfortable with street parking or adding their own parking solution later.
Section 2: Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing does not specify it as a legal secondary suite. Buyers should verify with the city if a separate rental unit is intended, as renovations do not automatically confer legal suite status.
2. How does the below-average assessment impact property taxes?
A lower assessed value typically results in lower municipal property taxes compared to higher-valued homes in the same area, which can be a ongoing cost advantage.
3. What are the implications of having no garage?
This affects winter vehicle care and storage. Buyers should budget for alternative solutions like a parking pad, carport, or dedicated off-street parking space if needed, subject to local bylaws.
4. The home sold twice in recent years (2016, 2020). Should I be concerned?
The sales history alone doesn't indicate a problem. It could reflect typical turnover, investor activity, or previous buyers' changing circumstances. A title search and disclosure review can provide clearer context.
5. Given the smaller lot size, what are my expansion options?
The lot size may limit possibilities for large additions or detached structures. Any future expansion plans would likely need to focus on the existing footprint and require careful review of zoning regulations and setback requirements.