Property Overview
This 1963-built, one-storey home at 491 Banting Drive in Winnipeg's Kirkfield neighbourhood presents a straightforward, renovated living space on a generous lot. With 1,062 sqft of living area and a renovated basement, the home sits in the middle of the pack for its immediate street in terms of size and assessed value. Its true standout feature is the 7,524 sqft lot, which is notably larger than most city-wide and area averages, offering ample outdoor space. Recent sales data shows a significant increase in value over the past several years.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance of a manageable, updated living space and a substantial, above-average lot size for the city. The renovated basement adds functional living area, making it a practical choice. It suits first-time buyers or downsizers looking for a single-level home without a premium price tag, and it holds particular value for anyone who prioritizes private outdoor space, gardening, or future expansion potential over a large interior footprint. A thoughtful perspective is that while the home itself is average for its immediate street, its lot size is a long-term asset that is increasingly rare, offering a sense of space and privacy that isn't reflected in the interior square footage.
Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg homes?
The lot is 7,524 sqft, which is significantly larger than the Winnipeg city-wide average of approximately 6,570 sqft, placing it in the top 13% city-wide for land area.
2. Has the property value increased?
Yes. Based on available sales data, the sold price range increased from approximately $31.5k-$34.5k in late 2019 to approximately $43.5k-$46.5k in mid-2023.
3. What is the home's condition?
The listing indicates the basement has been renovated. As the home was built in 1963, prospective buyers should consider a thorough inspection to assess the condition of major systems and the main floor.
4. Is there a garage?
No, the property listing specifies there is no garage.
5. How does this home rank compared to its neighbours on Banting Drive?
It ranks around average for living area and assessed value on its own street. However, it is one of the older homes on the street (top 14%) and has a below-average lot size for that specific street, though that lot is still very large by broader area and city standards.