Property Overview
419 Keenleyside Street presents a unique profile defined by notable contrasts. Its key appeal lies in offering a relatively modern home within its immediate context, paired with a manageable scale. The 1,111 sqft living space is above average for both the street and the Munroe East area, suggesting a comfortable interior size compared to many neighbours. A standout characteristic is the 1970 build year, making it one of the newest homes on the block and in the wider area, which often implies updated building standards and potentially less immediate need for major system overhauls. However, this is balanced by a smaller-than-average lot size of 3,148 sqft and a currently assessed value that sits below area and city averages. This combination creates a specific value proposition: a newer, efficiently sized home on a lower-maintenance lot, positioned at a more accessible entry point.
This property would likely suit practical first-time buyers or downsizers who prioritize a move-in ready, modern-built home over extensive outdoor space. It also appeals to value-conscious investors or homeowners who see potential in the below-average assessment relative to the home's condition and interior space, betting on the inherent value of a newer structure in an established neighbourhood.
Frequently Asked Questions
1. Is the below-average assessed value a concern?
Not necessarily. It primarily reflects its valuation relative to other properties for tax purposes. It can indicate a more affordable entry point into the area, especially given that the home itself is newer and the living space is generous for the locale.
2. How significant is the smaller lot size?
It depends on your lifestyle. The lot is smaller than most on the street and in Winnipeg overall, which means less yard maintenance and limited potential for expansions like large additions or pools. For those seeking low upkeep, it's a benefit; for those wanting extensive outdoor space, it's a limitation.
3. The home is newer than most nearby. What are the implications?
A 1970 build is significantly newer than the area average (circa 1960). This often means construction methods and materials like wiring and plumbing are more modern, potentially reducing the likelihood of issues common in older homes and possibly leading to lower near-term repair costs.
4. Why is the living area considered above average locally but only average city-wide?
This highlights the neighbourhood's character. Munroe East typically features more compact, post-war homes. This property offers more space than its direct peers, but when compared to the entire city—which includes many newer suburban developments with larger floor plans—it aligns with the overall median.
5. What can the 2020 sale price range tell me?
The prior sale in the $200k-$250k range provides a historical benchmark. Comparing this to the current assessed value and any future asking price can help gauge market trends and the property's potential appreciation in the last five years. Requesting the exact sold price from the provided service is recommended for precise analysis.