Property Overview: 497 Kirkfield Street, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Winnipeg's Kirkfield neighbourhood presents a practical and solid opportunity. Its key characteristics include a renovated basement, a detached garage, and a notably generous 7,460 sqft lot—a standout feature that ranks well above average for both the street and the wider city. With 1,124 sqft of living space and an assessed value of $33.50k, it sits comfortably in the middle range for its local area, offering a balanced proposition without extreme highs or lows.
The primary appeal lies in its space and potential. The large lot is a significant asset, providing ample room for gardening, recreation, or future expansion. The renovated basement adds immediate functional living space. Built in 1960, it is actually one of the newer homes on its specific street, suggesting a potentially more modern foundation compared to immediate neighbours. This property would suit first-time buyers or practical downsizers looking for a manageable single-level layout with a low-maintenance footprint, but who still value generous outdoor space. It’s a home for those who see value in a solid, average-sized house with an above-average yard, in a stable, established community.
Section 2: Frequently Asked Questions
1. What does the "above average" lot ranking actually mean?
It means the property's land size is larger than most. Specifically, it's in the top 16% on its own street and the top 14% citywide when compared to similar homes. This is the home's most distinguished statistical feature.
2. How recent was the basement renovation?
The listing confirms the basement is renovated, but the specific date, scope, and quality of the renovation are not detailed. This would be a key point for a home inspection and discussion with the seller.
3. The assessed value seems low. What does that indicate?
The assessed value is for municipal tax purposes and is not the market value or listing price. It being "around average" for the area simply places the home in a typical tax bracket for Kirkfield, not a reflection of sale price.
4. Is the detached garage heated or insulated?
The listing does not specify. The condition, size, and features of the detached garage are important details to clarify, as it can represent a major utility and storage asset.
5. How does the 1960 build year affect the home?
While older, it's newer than many on its block. This could mean updated foundational materials or wiring compared to pre-1950s homes, but it still warrants a thorough inspection for aging components like the roof, windows, and original plumbing.