Property Overview: 339 Larche Crescent, Winnipeg
Key Characteristics & Buyer Profile
This is a compact, 720 sqft bi-level home built in 1972 on a modest 3,429 sqft lot in the Kildare-Redonda neighbourhood. Its key characteristic is its position as an accessible entry point into the Winnipeg market. The home features a renovated basement, adding functional living space. The appeal lies squarely in its affordability, as evidenced by its well-below-average assessed value compared to its immediate street, area, and the wider city. It last sold in late 2017 for a modest price range.
This property would best suit first-time buyers or investors seeking a straightforward, lower-cost holding. It represents a practical "first step" home where equity can be built, or a rental property with a relatively low entry cost. A less obvious perspective is that its smaller size and lot offer lower maintenance and utility costs, which can be a significant long-term benefit for budget-conscious owners. It’s not a home for those seeking ample space or premium finishes, but rather a functional and financially manageable option.
Frequently Asked Questions
1. Is this a small house?
Yes. At 720 sqft of living area, it is smaller than most homes on its street, in Kildare-Redonda, and across Winnipeg. The renovated basement does provide additional usable space.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the home's smaller size, modest lot, and the overall more affordable nature of this specific property compared to the Winnipeg average, which includes many larger, newer, or more updated homes.
3. What does the "Top 98%" ranking for assessed value mean?
This statistic indicates that the assessed value for 339 Larche Crescent is higher than only about 2% of comparable properties on its street and in its neighbourhood, meaning it is among the very lowest. Citywide, it ranks higher than about 13% of homes, placing it in a more affordable tier overall.
4. Who might this property not be suitable for?
It may not suit buyers who need multiple bedrooms, dedicated workspace, extensive storage, or large outdoor areas. Families needing room to grow or those who frequently entertain large gatherings might find it too compact.
5. How can I find out the exact price it last sold for?
The exact sold price is not publicly displayed in the data. You can request it by email via the button provided on the listing page; the service aims to provide the accurate figure manually by the end of the same business day.