443 Shelley Street

Property Overview

443 Shelley Street is a one-storey home in Winnipeg's Kirkfield neighbourhood, built in 1961. With 1,110 sqft of living space and a renovated basement, it sits on a notably generous 6,757 sqft lot. The home features a detached garage and no pool. Its assessed value and living area are consistently around the average for its street, neighbourhood, and the wider city, but the land parcel stands out as being above average in size, particularly on its own street.

Section 1: Key Characteristics & Appeal

The primary appeal of this property lies in its balance and potential. The home itself is of average size for the area, but the renovated basement adds functional living space. Its true standout feature is the lot size, which is larger than most on Shelley Street and across Winnipeg, offering valuable outdoor space and future potential in a mature neighbourhood.

This home would suit practical, value-oriented buyers. It's ideal for a first-time homeowner looking for a solid entry point into the market without compromising on yard space, or for a downsizer seeking a manageable single-level layout with room for a garden. The above-average lot also makes it a sensible choice for buyers with a long-term view, who may see value in the possibility of expansions or additions that smaller lots wouldn't allow.

Section 2: Frequently Asked Questions

1. Is this a good value for the area?
Based on the data, the home's assessed value is squarely in line with area averages. The value proposition comes from the larger-than-average lot size, which isn't fully reflected in the assessment but adds tangible utility and potential.

2. What does "renovated basement" typically mean for a home of this age?
While specifics should be verified by a viewing and inspection, in a 1961 home this often indicates updated finishes and livability. It's important to check the quality of the renovation, moisture control, and whether any necessary updates to foundational systems (like plumbing or electrical) were included.

3. How does the lot size compare, and why does it matter?
The lot is in the top 28% on its own street, meaning it's significantly larger than many of its immediate neighbours. This provides more privacy, recreational space, and flexibility than is typical, which can be a lasting advantage even if the house itself is updated over time.

4. What can the 2020 sale price range tell me?
The sold price range from December 2020 provides a historical benchmark. Market conditions have likely changed since then, but it shows what a buyer was willing to pay for the property at that time, which can be a useful reference point in understanding its market trajectory.

5. Who should consider the nearby "similar assessed value" properties?
The listed properties with similar assessed values are spread across different neighbourhoods. They are useful for buyers who are flexible on location and want to see what type of home a similar budget can secure in other parts of Winnipeg, helping to contextualize the choice of Kirkfield.