Property Overview: 372 Shelley Street, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This two-storey home in Kirkfield stands out for its generous scale and established presence. Its primary appeal lies in offering significantly more living space than most homes in the area, city, and even on its own street. With 2,214 sqft of living area, it ranks in the top 1% on Shelley Street and the top 10% in the Kirkfield neighborhood. This is complemented by a large, above-average citywide lot of over 6,000 sqft and an attached garage. The home’s assessed value of $480k also places it well above average for the local area, indicating its perceived market position.
Built in 1920, the home is notably older than most comparable properties. This presents a classic trade-off: the character and potential of a century-old structure come with the understanding that the basement is unrenovated and major systems or updates may be a consideration for the next owner. The appeal is for a buyer seeking a substantial footprint and lot in a mature neighborhood, who values space over move-in perfection and is prepared for a home with a story and potential future projects. It would suit a DIY enthusiast, a family looking for room to grow over time, or a buyer who prioritizes lot size and interior volume and sees the older foundation as a canvas rather than a drawback.
Frequently Asked Questions
Q: How does the size of this home compare to others?
A: Its living area is a key feature. It is larger than 99% of homes on Shelley Street, 90% in Kirkfield, and 94% citywide, making it exceptionally spacious for the area.
Q: The home is listed as 106 years old. What should I consider?
A: While offering classic character, an older home like this requires careful attention. The unrenovated basement, along with the age of the roof, wiring, plumbing, and insulation, should be factored into your planning and inspection process.
Q: The assessed value seems high for the street. Why is that?
A: At $480k, the assessment is in the top 3% on Shelley Street. This likely reflects the home’s large square footage and lot size compared to its neighbors, as these are major factors in municipal valuation.
Q: What is the sold price history for this property?
A: Public data shows a sale in August 2016 for an estimated range of $40.50k to $43.50k. For the precise, exact sold price, you can request it via email from the listing source.
Q: Is the lot size a significant feature?
A: Yes. At just over 6,000 sqft, the lot is above the citywide average. While more average for the immediate street and neighborhood, it provides substantial outdoor space, which is a valuable asset in mature communities.