Property Overview: 429 Greenacre Boulevard, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, one-storey home in Kirkfield, built in 1959. Its key features include a renovated basement and a detached garage. The home’s primary appeal lies in its value proposition and established neighborhood setting. While the living space (976 sq ft) is modest and below the local average, the property stands out for its above-average assessed value on its street, suggesting it is in good condition relative to its immediate peers. The lot size is typical for the city but smaller than many in the Kirkfield area, offering manageable outdoor space.
This home would suit first-time buyers or downsizers looking for a solid, move-in-ready property without the premium of a larger footprint. Its renovated basement adds functional living space, making it practical for small families or those needing a home office or guest area. A thoughtful perspective is that this property represents an efficient use of space; it offers the benefits of homeownership in a mature neighborhood without the upkeep and costs associated with a larger, more sprawling house. It’s a pragmatic choice for someone prioritizing financial sensibility and community over sheer size.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value is for municipal tax purposes. This home’s assessed value is strong for its street, which indicates good condition, but the final sale price will be determined by the current market.
2. How does the smaller lot size impact the property?
It means less yard maintenance, which can be a positive for those seeking simplicity. However, it may offer less privacy or room for expansion compared to larger lots in the area.
3. The home sold in 2016 and 2020. What does that history suggest?
The sales history shows steady ownership periods, which can indicate a stable, well-cared-for home rather than a speculative investment property.
4. What are the implications of the renovated basement?
A renovated basement adds valuable finished living area, which is a significant plus in a smaller home. It’s important to verify the quality of the renovation and whether permits were obtained.
5. The living area is below average. Will the house feel too small?
This depends entirely on the buyer's needs. The efficient layout of a one-storey home combined with the finished basement can make it feel spacious for its size. It’s best suited for individuals, couples, or small families.