Property Overview: 317 Shelley Street, Winnipeg
Key Characteristics & Appeal
This one-storey home in Kirkfield presents a practical opportunity in a mature neighbourhood. Built in 1960, its 1,177 sqft living space is typical for the area, offering comfortable, single-level living. A key standout is the 7,025 sqft lot, which is notably larger than many on its street and across the city, providing ample outdoor space. The home features a renovated basement and a detached garage. Its assessed value is consistently around the average for its immediate area, suggesting a stable, mid-market investment.
The appeal lies in its balance and potential. The generous lot is a significant asset for gardening, expansion, or simply enjoying private outdoor space—a feature becoming rarer in many city neighbourhoods. The renovated basement adds immediate functional living space. This property would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established community, and it holds particular interest for value-conscious buyers who see the long-term worth in a large, versatile lot.
Frequently Asked Questions
What is the exact recent sold price?
The provided data shows a sale in July 2019 for an estimated range. For precise, current sold price history, you can request the information directly via the listing page.
How does the lot size compare to nearby homes?
The land area of just over 7,000 sqft ranks in the top 14% on Shelley Street itself, meaning it is significantly larger than most of its direct neighbours.
Is the basement development a legal suite?
The listing notes a renovated basement, but it does not specify if it is a legal secondary suite. This would be a key point to verify with the seller or local municipality.
What does "around average" for assessed value mean?
The home’s assessed value places it near the middle of the pack—not among the most expensive nor the least expensive—when compared to similar homes on its street, in Kirkfield, and citywide. This can indicate a stable and realistic valuation.
What are the implications of a 1960 build date?
While the home’s age is typical for the neighbourhood, it suggests that major systems (like roof, plumbing, or electrical) may be due for updates or inspection, which is an important consideration for maintenance planning.