519 Greenacre Boulevard

Property Overview: 519 Greenacre Boulevard, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in Kirkfield offers a practical and comfortable living space. Its key appeal lies in its balance of above-average features within its immediate neighborhood, presenting a solid value proposition. The 1,192 sqft living area is notably larger than most comparable homes on Greenacre Boulevard itself. It sits on a good-sized 5,946 sqft lot and benefits from a renovated basement, adding valuable finished space. Built in 1962, the home is also slightly newer than many on its street.

This property would suit first-time buyers or downsizers looking for a manageable single-level layout in an established area. It’s a home for a pragmatic buyer who values space and condition over flashy extras, as it lacks a garage or pool. The data suggests it’s a competitively positioned property within its micro-market, potentially offering more interior space for the dollar on this specific boulevard compared to nearby areas. It’s a choice for someone who prioritizes a renovated, move-in-ready basement and a quiet street over a brand-new build.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value is a municipal figure for tax purposes and is not a direct indicator of market value. The last recorded sale in late 2021 fell within the $29.5k-$32.5k range, which is close to the current assessed value of $31.90k. However, the current market conditions will ultimately determine the price.

2. What does the ranking data for "Land Area" mean for this lot?
While the lot is above average in size for Greenacre Boulevard, it ranks below average compared to the wider Kirkfield area. This means you get a decent-sized yard for the street, but lots in other parts of the neighborhood may be larger. It highlights the importance of comparing homes within their specific sub-areas.

3. Is the lack of a garage a significant drawback?
This depends on the buyer’s needs. For some, it’s a major inconvenience, especially in Winnipeg winters. For others, the renovated basement may provide ample storage, and the savings reflected in the home’s value could be allocated to adding a shed or carport if the lot permits.

4. What can we infer from the home being "newer" than others on the street?
Built in 1962, it’s a few years newer than the street average of 1958. While all homes in this range are of a similar vintage, a newer build can sometimes mean updates in original construction materials or floorplan trends, but a thorough inspection is still essential.

5. How do I find out the exact historical sold prices?
The public data shows estimated price ranges. The listing service provides a manual process to obtain the exact sale figures. You can submit your email request directly through the property page for a precise history, typically provided by the end of the same business day.