Property Overview
This one-storey home at 418 Greenacre Boulevard in Winnipeg's Kirkfield neighbourhood presents a practical and updated living space. Its key appeal lies in offering a renovated basement and a solid, above-average position within its immediate streetscape, all within a manageable footprint.
Key Characteristics & Ideal Buyer
The home features 1,110 sqft of living space, which is typical for the area, and sits on a 5,946 sqft lot. A significant highlight is the renovated basement, adding valuable finished space. The detached garage offers flexible storage or workshop potential. Built in 1962, the home is actually newer than many on its own street, suggesting a potentially more modern build quality or layout for its vintage.
Its strongest appeal is its relative standing on Greenacre Boulevard itself. The property ranks above average for assessed value, year built, and lot size among its direct neighbours, indicating it may be a comparatively well-maintained or desirable property on the block. This makes it a compelling choice for a first-time buyer or a downsizer seeking a move-in-ready, single-level home in a stable setting without the premium of a brand-new build. It suits someone who values a renovated interior and a sense of relative value within a specific locale over having the largest home in the wider area.
Frequently Asked Questions
1. How does the lot size compare to the wider neighbourhood?
While the lot is above average for Greenacre Boulevard, it is below the average lot size for the broader Kirkfield area. This means you get a generous yard for the street, but it may be smaller than some other properties in the surrounding few blocks.
2. What does "above average assessed value for the street" indicate?
A higher assessed value relative to immediate neighbours can often reflect recent renovations (like the basement), better overall condition, or desirable lot traits. It’s a useful data point that suggests the property has been maintained or improved in ways that add value compared to its direct peers.
3. Is the living space sufficient for a growing family?
At 1,110 sqft plus a renovated basement, the home offers functional space. For a growing family, the single-storey layout provides easy living, but the above-ground square footage is modest. The finished basement would be crucial for creating additional living, play, or recreational space.
4. What can the 2017 sale price range tell me?
The historical sale price (approximately $29.5k - $32.5k in 2017) provides a benchmark for how market value has changed over time. Comparing it to the current assessed value of $35.80k offers insight into longer-term value trends for this specific property.
5. Why is the citywide assessed value comparison so different?
The citywide average assessed value shown (~$390k) includes all home types across Winnipeg. The more relevant comparisons are the "Same street" and "Same area" metrics, which compare this home directly to similar properties in Kirkfield and on its own block, giving a much clearer picture of its local market position.