Property Overview: 376 Shelley Street, Winnipeg
Key Characteristics & Appeal
This 1,046 sqft bi-level home, built in 1966, sits on a 5,610 sqft lot in Kirkfield. Its key characteristic is a sense of balance and practicality. While the living space is modest and below the local area average, the home benefits from a renovated basement, adding functional space. The assessed value is notably strong for its immediate street, ranking well above the average for Shelley Street. This suggests the property is maintained or updated in ways that outpace its direct neighbors, potentially offering good value within the micro-market.
The appeal lies in its position as a solid, no-fuss property. Without the extras of a garage or pool, it presents a straightforward ownership proposition. It would suit first-time buyers or practical downsizers looking for an entry into the neighborhood without premium pricing, and who value a renovated basement over above-average square footage. A thoughtful perspective is that its above-average assessment on the street could indicate a "best house on the block" scenario, which can be a savvy long-term hold in an evolving area.
Frequently Asked Questions
1. How does the size of this home compare to the area?
The living area is below the average for both Shelley Street and the wider Kirkfield neighborhood, but is close to the average for Winnipeg as a whole. It’s a more compact footprint.
2. The assessed value seems low. Is that accurate?
The assessed value is a municipal figure for tax purposes, not market value. Notably, it ranks above average on its own street, suggesting the property is assessed relatively higher than its immediate neighbors.
3. What does the sold price history indicate?
The home sold in late 2023. The provided price range is an estimate from public data; the exact sale price can be requested directly from the site, which offers to provide it via email.
4. Is the land size a drawback?
The lot is below average for Kirkfield, which typically has larger lots. However, it is near the city-wide average. It offers a manageable yard without extensive maintenance.
5. What are the implications of the home’s age?
Built in 1966, it is older than most on its street but typical for the city. This age means potential for original components needing updates, but the renovated basement is a positive mark against that.