Property Overview & Key Characteristics
This one-storey home at 139 Larchdale Crescent, built in 1958, presents a practical opportunity in Winnipeg's Kildonan Drive area. Its primary appeal lies in its generous, above-average lot size of over 8,900 square feet, offering significant outdoor space that is increasingly rare in the city. The home itself, at 1,051 sqft with a renovated basement, is modest in size compared to its immediate neighbours but sits close to the city-wide average. This creates an interesting dynamic: a smaller, manageable house on a large parcel of land.
The property would suit first-time buyers or downsizers looking for a single-level layout with lower maintenance, but with the added bonus of ample yard space for gardening, pets, or future expansion. It also appeals to value-conscious buyers who see potential in the land itself, whether for personal enjoyment or as a long-term asset. The assessed value is positioned around the average for the broader area, suggesting a competitively priced entry point into a mature neighbourhood.
Frequently Asked Questions
1. Is the house too small for the neighbourhood?
While the living area is below average for Larchdale Crescent, the home's footprint is consistent with many older, one-storey designs. The renovated basement adds functional space, making the overall package more balanced than the main floor square footage alone might indicate.
2. What does the "above-average" land area really mean for me?
An 8,905 sqft lot is notably larger than typical city lots. This provides exceptional privacy, room for additions like a garage or shed, and substantial green space. It's a key feature that adds both immediate livability and long-term value.
3. How does the 1958 build year affect the home?
Homes from this era often feature solid construction but will likely have older components, such as the roof, windows, or plumbing. A pre-purchase inspection is highly recommended to understand the condition and any upcoming maintenance priorities.
4. The assessed value seems low. Is that the listing price?
No, the assessed value (approximately $357,000) is for municipal tax purposes and is not the sale price. Market conditions, the home's interior condition, and its desirable lot size will ultimately determine the listing and sale prices.
5. What is the neighbourhood like?
Kildonan Drive is an established, mature area. The property's rankings show it's on an older street with mostly similar homes, offering a stable, residential feel. Proximity to nearby schools, parks, and the Red River is a common draw for the area.