Property Overview: 20 Woodlands Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1954, situated on a standard-sized lot in Winnipeg's Kirkfield neighbourhood. Its key appeal lies in its position as an accessible entry point into the housing market. With 910 sqft of living space, an unrenovated basement, and no garage, the home is smaller and simpler than many in the area, which is directly reflected in its below-average assessed value.
The property suits first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance footprint. Its value proposition is grounded in practicality rather than luxury. A thoughtful perspective for a buyer is to see the home’s smaller size and dated features not just as limitations, but as a blank canvas with manageable scale. The renovation projects are contained, and property taxes would likely be lower than on a larger, more updated home. It represents an opportunity to build equity through gradual, affordable improvements without the premium of a move-in-ready property.
Section 2: Frequently Asked Questions
1. Is this a "fixer-upper"?
Yes, the home presents as a candidate for updates. The basement is noted as unrenovated, and the overall living area is below the neighbourhood average, suggesting it may require modernization to match contemporary standards.
2. How does the value compare to the area?
The home’s assessed value is below the average for both Woodlands Crescent and the wider Kirkfield area. This indicates it is priced accessibly within its market, which could appeal to budget-conscious buyers.
3. What is the potential for expansion?
The lot size is around the area average. While the home itself is modest, the standard lot provides the typical outdoor space for the neighbourhood and could allow for future additions like a garage or deck, subject to local bylaws.
4. What should I know about the home’s age?
Built in 1954, the home is older than many in Kirkfield. Buyers should budget for potential updates to aging core components, such as plumbing, electrical, or the roof, which are common considerations for homes of this vintage.
5. Where can I find exact historical sale prices?
The listed sale history shows estimated price ranges. The exact sold prices are available by request via email from the listing service, which provides the accurate figures manually without using your contact information for marketing.