Property Overview: 504 Greenacre Boulevard, Winnipeg
Key Characteristics & Appeal
This one-storey home in Kirkfield is defined by a compelling contrast: its modest, renovated 964 sqft living space sits on an exceptionally large, 8,918 sqft lot. Built in 1956, the house itself is smaller than most in the immediate area, city, and neighborhood, but the land parcel is notably spacious, ranking in the top 4% on its own street. The detached garage and renovated basement add practical living and storage options. The appeal here is fundamentally for the value-conscious buyer who prioritizes land over square footage. It suits a hands-on owner who sees potential in the generous outdoor space for gardening, expansion, or simply enjoying a rare degree of privacy for the area. It’s also a practical fit for downsizers seeking single-level living without sacrificing yard size, or for investors attracted by the below-average assessed value relative to the lot’s premium characteristics.
Frequently Asked Questions
Q: How does the home’s smaller size impact its value?
A: The living area is below local averages, which typically affects price. However, this is balanced by the highly desirable, oversized lot and the renovated basement, creating a unique value proposition centered on land potential.
Q: Is the large lot usable, or is it an odd shape?
A: While the listing doesn’t specify the dimensions, a lot of this size in an established neighborhood is a significant asset. It’s advisable to review the survey to understand the layout and any potential for future use, like an addition or detached structure.
Q: What does “renovated basement” include?
A: The details of the renovation are not listed. A pre-purchase inspection is crucial to determine the quality, scope, and permits for this work, as well as to check for any moisture issues common in basements of this age.
Q: The last sold price range shows a value around $33k. Is that accurate?
A: The displayed range is an estimate from public data. The assessed value is also in that range. For the exact historical sale price, you must request it directly from the site, as the details are not publicly disclosed in full.
Q: Who are the most likely neighbors or buyers for this street?
A: Greenacre Boulevard features a mix of one-storey and larger homes on varying lot sizes. Given this home’s profile, it would likely attract a different buyer than a larger, newer home on the same street—one more interested in land value and simpler living than in above-average square footage.