27 Kara Cove

Property Overview: 27 Kara Cove, Winnipeg

Key Characteristics & Appeal

This home presents a compelling mix of space, value, and established character. Its primary strength is its generous 2,018 sqft living area, which places it well above the Winnipeg average, offering ample room for families or those who appreciate spacious interiors. With an assessed value of $537,000, it sits above average for its immediate street and city-wide, suggesting a solid valuation in its market. Built in 1987, the property is among the newer homes on its street but is part of an older cohort within the broader Normand Park area, indicating a mature neighbourhood with settled streetscapes.

The appeal lies in this balance: you get a larger-than-average home for the city at a value that is competitive on its own street. A thoughtful perspective is that while the lot size is smaller than others on Kara Cove, this often translates to less yard maintenance without sacrificing indoor living space—a practical trade-off for many buyers. It would suit a buyer looking for a move-in ready, spacious home in an established neighbourhood, who prioritizes interior square footage over a large yard and appreciates the stability of a well-valued property in a mature community.

Frequently Asked Questions

1. How does the lot size impact the property?
At 5,515 sqft, the lot is smaller than most on its street but is near the city-wide average. This typically means a more manageable yard with less upkeep, while the home itself offers above-average living space.

2. Is the 1987 build date a concern?
The home is newer than most on its street and city-wide, but older than many in Normand Park. This suggests it may have updates while still being of an age where a thorough inspection of major systems (roof, HVAC) is advisable.

3. What does the sold price history indicate?
Records show it last sold in August 2021 for an estimated $550k-$600k. This recent sale, close to its current assessed value, indicates stable market performance in recent years.

4. How does it rank for value in the area?
Its assessed value ranks above average on its street and city-wide, but is around the middle range for the Normand Park area. This positions it as a strong value within its immediate locale.

5. Who would this home not suit?
Buyers seeking a very large yard or a brand-new construction in a recently developed suburb might find the lot size and 1987 vintage less appealing. It's best for those who value established neighbourhoods and interior space.