Property Summary: 991 Woodvale Street, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Kildonan Drive offers a compelling blend of space, lot size, and established character. Its key appeal lies in its generous proportions relative to the area. With 1,512 sqft of living space, it ranks in the top 10% on its street and top 25% in the neighbourhood, offering more room than many comparable homes. A standout feature is the large 8,100 sqft lot, placing it in the top 11% city-wide, which provides ample outdoor space for gardening, recreation, or future expansion.
The home’s value is further anchored by a renovated basement, adding functional living space, and a detached garage. Built in 1956, it is a mature property in a settled area, suggesting a neighbourhood with established greenery and a stable community feel. The assessed value is consistently above average for both the immediate street and the broader Kildonan Drive area.
This property would suit buyers looking for a spacious bungalow layout on a large, private lot without venturing to the city's outskirts. It’s ideal for those who value indoor and outdoor space over a brand-new build, and for households seeking a single-level living configuration or the potential of a developed basement suite. The numbers suggest it’s a property that outperforms many peers on core metrics of space and land.
Frequently Asked Questions
1. What does the "above average" ranking actually mean for a buyer?
It means that, based on public data, this home scores highly on specific metrics compared to similar properties. For example, its living area and lot size are larger than most homes on its street, in the neighbourhood, and across Winnipeg. This can indicate better value for money and more room to grow.
2. The home was last sold in 2020. What might have changed since then?
While the core structure and lot remain the same, the owners have renovated the basement since that last sale. This adds modernized, functional space that wasn't reflected in the 2020 price, potentially increasing the home's utility and value.
3. Is a 1956-built home a concern?
Not necessarily. Homes of this era in established neighbourhoods are often solidly built and sit on larger lots than newer subdivisions. The key considerations would be the maintenance history and the condition of major aging components, like the roof, windows, and plumbing, which a thorough inspection would address.
4. How useful is the detached garage?
A detached garage offers excellent flexibility. It provides secure parking and storage while physically separating workshop noise, hobbies, or projects from the main house. It could also present a future opportunity, subject to zoning, for conversion into a studio or workshop space.
5. The assessed value is listed, but what about the actual market price?
The assessed value is for municipal tax purposes and is a historical snapshot. The actual market price is determined by current supply, demand, condition, and recent sales of comparable homes. The provided sold price history from 2020 gives a past benchmark, but a current market evaluation is essential for today's value.