Property Overview: 14 Byron Bay, Winnipeg
Key Characteristics & Appeal
This one-storey home in the Kirkfield neighbourhood presents a practical and value-conscious opportunity. Built in 1960, it is notably one of the older homes on its street, which can suggest a well-established streetscape. With 1,046 sqft of living space, it is modestly sized compared to nearby homes, offering a manageable layout. A key feature is its renovated basement, adding functional living space. The property sits on a 6,514 sqft lot, which is above average city-wide, providing generous outdoor space complemented by a detached garage.
Its primary appeal lies in its position as a relatively affordable entry point into a mature neighbourhood. The below-average assessed value for the street indicates a potential value proposition for a buyer willing to invest in updates over time. The renovated basement and larger lot are significant assets, offering immediate utility and future potential. This home would suit first-time buyers, downsizers looking for single-level living, or practical investors seeking a property with solid fundamentals and room to add value through gradual improvements.
Frequently Asked Questions
1. How does the home’s size compare to the area?
The living area is somewhat smaller than most comparable homes on Byron Bay and in the wider Kirkfield area, making it a more compact, manageable property.
2. What does the assessed value tell me?
The assessed value is below the average for the street but aligns with the averages for Kirkfield and city-wide. This suggests the property is priced accessibly within its immediate micro-market.
3. The home is noted as being older on the street. Is that a concern?
While it is one of the older homes on Byron Bay, its build year is typical for the broader neighbourhood and city. This often means infrastructure like trees and community amenities are well-established.
4. Is the lot size a significant feature?
Yes. The lot is larger than the city-wide average, which is a considerable advantage. It provides ample yard space and greater flexibility for gardening, recreation, or future expansions like a deck or shed.
5. What is the significance of the renovated basement?
A renovated basement effectively increases the usable living area of the home, offering valuable space for a family room, home office, or additional bedrooms without increasing the home’s footprint.