Property Overview: 532 Greenacre Boulevard, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Kirkfield presents a practical and comfortable living proposition. Its key characteristics include a renovated basement, a detached garage, and a notably generous lot size of nearly 6,000 square feet, which ranks in the top 9% for the street. Built in 1972, the house is newer than many in the immediate area and the wider Kirkfield neighbourhood. With just over 1,050 square feet of living space, it is a manageable size, sitting around the average for comparable local homes.
The appeal lies in its balanced offering and strong positional value within its micro-market. While the living space is standard, the property stands out for its above-average lot size and more modern build year relative to its direct peers. The renovated basement adds functional, modernized space. It suits first-time homebuyers looking for a solid entry point with a good yard, or downsizers seeking a single-level layout with low-maintenance living but without sacrificing outdoor space. It’s a property for those who value a quiet, established street and perceive extra land as a long-term asset, whether for gardening, privacy, or future potential.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is above average for Greenacre Boulevard itself, ranking in the top 27% of 55 comparable properties on the street. This suggests it is viewed favorably relative to its closest neighbours.
2. What is the significance of the 1972 build year?
In this context, a 1972 build is a relative advantage. It ranks in the top 11% on its street and top 29% in Kirkfield, meaning it is notably newer than many surrounding homes, which may imply updates to core systems and a design closer to modern expectations.
3. Is the lot size a major feature?
Yes. The lot of 5,947 sqft is a defining characteristic, ranking in the top 9% on the street. It offers substantially more outdoor space than the typical property in the immediate vicinity, which is a significant perk for privacy, recreation, or gardening.
4. What can recent sale prices tell us?
The home sold in June 2024 for an estimated $395k-$425k. This sale price ranked in the top 8% for similar properties on the same street at that time, indicating strong market demand for this specific home’s attributes.
5. Who should consider this property?
It’s an excellent match for pragmatic buyers who prioritize lot size and a newer build within an established neighbourhood. It’s particularly suited for those who want outdoor space without the upkeep of a much larger house, making it ideal for first-time buyers, small families, or downsizers.