Property Overview: 486 Daer Boulevard, Kirkfield, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Kirkfield presents a compelling blend of space and potential. Its most standout feature is the generous 12,584 sqft lot, which places it in the top 4% of properties on its street and the top 3% city-wide. This offers exceptional outdoor space for gardening, recreation, or future expansion. The 1,377 sqft living area is comfortably above average for the immediate neighbourhood, providing ample room inside. The home includes a renovated basement and a detached garage, adding functional value. Built in 1955, it is a mature property that may appeal to those who appreciate classic layouts and the opportunity to personalize over time.
The appeal lies in this balance: it’s a home with a footprint larger than most, on a lot that is a true rarity in the city, all at an assessed value that is competitive for the area. It would suit a buyer looking for a long-term family home with room to grow outdoors, a hands-on individual interested in gradually updating a solid older home, or an investor attracted by the substantial land value and the upside of the already-renovated basement.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes a separate entrance or suite potential are not provided. This would be a key point for further inquiry with the seller or a viewing.
2. How does the sold price history affect current value?
The home sold in April 2021 for an estimated $27.5k-$30.5k, with a current assessed value of $32.70k. This history provides a benchmark, but current market conditions, the specific renovations done since 2021, and the premium for the large lot will be the true determinants of today’s listing price.
3. Are there any concerns with a home built in 1955?
While the structure has proven durable, a home of this age would benefit from a thorough inspection. Attention should be paid to the state of major systems like plumbing, electrical, and the foundation, as well as the roof and insulation, to understand any needed updates.
4. What are the benefits of a detached garage?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or extra storage without impacting the living space of the main house. It also presents future potential, though any significant structural changes would be subject to local zoning bylaws.
5. Why is the land area so significant?
A lot of this size (nearly a third of an acre) is increasingly uncommon in Winnipeg. It provides privacy, space for additions like a deck or garage, and long-term value. It’s an asset that fundamentally differentiates this property from most others in its price range and offers options that simply don’t exist on standard 5,000-7,000 sqft lots.