Property Overview: 494 Woodlands Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kirkfield is defined by its practical layout and generous lot. With 857 sqft of living space, the house itself is compact, placing it below the average size for the area, but it benefits from a renovated basement, adding functional space. The standout feature is the land—a 6,185 sqft lot that is larger than most on its street and across Winnipeg, offering valuable outdoor space and potential. Built in 1940, it is one of the older homes in the neighbourhood, which often means mature landscaping and established character. The detached garage adds utility for storage or projects.
Its appeal lies in its efficiency and land value. It’s a home that prioritizes a substantial yard over a large interior footprint, suited for someone who values outdoor space for gardening, recreation, or future expansion. The renovated basement and manageable size make it a practical, lower-maintenance option. This property would best suit first-time buyers, downsizers, or value-focused investors looking for a home with a solid lot size in a stable neighbourhood without the premium price of a larger modern house. It’s a “land play” with a liveable home already in place.
Section 2: Frequently Asked Questions
1. Is the price competitive for the area?
Based on assessed value, the home is priced around the average for Woodlands Crescent but below the average for the broader Kirkfield area, suggesting it may offer relative value, especially when considering the larger-than-average lot size.
2. What does "renovated basement" typically mean here?
While specifics aren’t listed, in a home of this era, a renovated basement often means it has been finished into a usable living space, such as a family room or additional bedrooms, adding crucial functional space to the smaller main floor.
3. How does the age of the home (1940) affect it?
As one of the older homes on the street, it may have classic charm and mature trees, but buyers should be prepared for maintenance consistent with its age, such as potential updates to original plumbing, wiring, or windows.
4. What are the implications of the large lot?
A lot size ranking in the top 30% locally is a significant asset. It provides ample private outdoor space and could be a long-term advantage for expansion (like an addition or a large shed) or simply for enjoying a spacious yard, which is uncommon in newer subdivisions.
5. Who might this property not suit?
It may not suit buyers seeking a modern, open-concept layout or extensive main-floor square footage. The living area is notably compact, so those needing multiple large bedrooms or dedicated home office spaces on the main level should carefully assess the floor plan.