Property Overview: 465 Kirkfield Street, Winnipeg
Key Characteristics & Appeal
This is a modest, one-storey home built in 1960, featuring a renovated basement and sitting on a standard city lot. With just over 1,000 square feet of living space, it is a compact property that ranks below average in size and assessed value for its immediate street and the broader Kirkfield neighbourhood. However, its citywide rankings for living area and value are around average, positioning it as a typical Winnipeg home in the broader market context.
The primary appeal lies in its fundamentals and potential. The renovated basement adds functional living space, a key upgrade for a home of this era. Its lower assessed value compared to neighbours suggests a potentially more accessible entry point into the Kirkfield area. The lot size is consistent with the area, offering standard outdoor space. This property would suit first-time buyers or practical downsizers looking for a straightforward, no-frills home in a mature neighbourhood. It’s for a buyer who values a renovated element (the basement) and sees opportunity in a home that is modest relative to its immediate surroundings but aligned with wider city averages.
Frequently Asked Questions
1. Is this a small house?
Yes, at 1,047 sqft, it is below the average size for both Kirkfield Street and the Kirkfield neighbourhood. Citywide, however, it is very close to the average home size, indicating it’s a compact but not unusually small property for Winnipeg.
2. Why is the assessed value lower than many neighbours?
The assessed value is in the lower tier for the street and area. This can be influenced by the home's smaller size, its age, and the specific market valuations used for assessment. It doesn’t necessarily reflect condition, especially with a noted basement renovation.
3. What does the sold price history from 2019 tell us?
The home sold in the $23.5k-$26.5k range in March 2019. Comparing this to the current assessed value of $30.7k provides a reference point for market movement, but it is essential to get an exact price and current market evaluation for today’s context.
4. What are the less obvious points to consider?
A key detail is that this 1960 build is actually newer than most homes on its specific street, which may have implications for the age of core components. Also, while it feels "below average" on its street, its metrics are much more typical when viewed across the entire city, offering perspective on its relative value.
5. How can I get the exact past sold prices?
The exact sold prices are not publicly displayed in detail here. You can request the precise history via the email function provided on the listing page; the service commits to providing the accurate figures without using your email for unsolicited marketing.