Property Overview: 396 Shelley Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Kirkfield neighborhood, built in 1966. With 1,046 sqft of living space and a renovated basement, it offers efficient, single-level living. The lot is modest at just over 5,000 sqft, which is smaller than most in the immediate area but fairly typical city-wide.
The primary appeal lies in its value proposition and move-in readiness. The home has been consistently valued and sold below the average for its street and neighborhood, presenting a lower entry point into the market. The renovated basement adds functional living space, a key upgrade for a home of this era. It suits first-time buyers, downsizers looking for minimal maintenance, or investors seeking an affordable rental property. A thoughtful perspective: its smaller lot and efficient size could mean lower utility costs and less yard work, appealing to those seeking a simpler, more manageable property without the premium for larger, neighboring plots.
Frequently Asked Questions
1. Is the price competitive for the area?
Yes. The home's recent sold price and assessed value are consistently below the average for both Shelley Street and the broader Kirkfield neighborhood, suggesting it is priced accessibly within its market.
2. What does "renovated basement" typically mean for a 1960s home?
While specifics should be verified, in this context it usually indicates the basement has been finished into livable space, such as a rec room or additional bedrooms, and likely includes updates to meet modern standards for moisture control and insulation.
3. How does the smaller lot size impact the property?
The lot is smaller than most on the street. This means less yard for gardening or play, but also reduced maintenance. It's a practical trade-off that contributes to the home's affordability.
4. What is the neighborhood like?
Kirkfield is a mature, established neighborhood. The proximity of many similar homes on Shelley Street suggests a consistent, residential character. As with any area, visiting at different times of day is recommended to get a feel for the community.
5. Where can I find exact historical sale prices?
The provider of this data offers to supply exact sold prices (not ranges) via email upon request, as noted in the property details. This is a common practice to ensure data accuracy and user engagement.