512 Country Club Boulevard

Property Overview

512 Country Club Boulevard is a compact, one-storey home built in 1956, situated on a standard-sized lot in Winnipeg's Kirkfield neighbourhood. Its key appeal lies in its position as an accessible entry point into a established area. The home is notably smaller (893 sqft) and has a significantly lower assessed value than most comparable properties on its street and in the wider community. This presents a clear value proposition for a specific type of buyer.

Key Characteristics & Ideal Buyer

This property is defined by its modesty and potential. The living space is well below average for the area, and the basement exists but is unrenovated. There is no garage or pool. The assessed value and recent sold price are consistently in the bottom 20-30% of comparable homes, indicating it is priced as a basic structure in a desirable location.

Its primary appeal is its lot in a mature neighbourhood and its price point, which is uncommon for Country Club Boulevard. It suits a practical, value-conscious buyer—perhaps a first-time homeowner, an investor, or a downsizer—who sees the underlying land value and location as the main assets. This buyer is likely prepared for a renovation or expansion project, or is comfortable with a smaller footprint to gain a foothold in the area. It’s a "blank canvas" property where the future value will be created by the owner's investment, not the current condition of the home.

Frequently Asked Questions

1. Why is the assessed value so much lower than neighbouring homes?
The assessed value reflects the home's smaller size, older age, and basic condition compared to larger, updated, or expanded homes on the same street. The value is primarily in the land and location.

2. What does "below average — Top 90%" mean for the living area?
This statistic means the home's living area is in the bottom 10% for size when compared to a specific group of 70 similar homes on Country Club Boulevard. It is a quantifiable confirmation that this is one of the smallest houses on the street.

3. Is the unrenovated basement finished or usable?
The listing specifies the basement is "not renovated," which typically means it is unfinished (concrete floors, exposed walls/ceilings). It provides space for utilities and storage but is not configured as living space.

4. How recent is the sold price data?
The most recent sale recorded is from April 2023, with a price range provided. For the exact historical sold price, you must request it directly from the site via email.

5. What are the immediate next-door properties like?
The adjacent properties at 508 and 516 Country Club Boulevard are the closest comparables. Reviewing their details can provide the clearest picture of the potential and standards for homes on this specific block.