Property Overview: 27 Shenfield Road, Winnipeg
Key Characteristics & Appeal
This spacious two-storey home in Ridgedale sits on a large, mature lot of over 8,700 square feet. Built in 1983, the property offers a generous 2,635 sqft of finished living space, including a developed basement. Its standout feature is its impressive size, ranking within the top 2% of Winnipeg homes for living area, providing ample room for a growing family or those who value space. The home’s appeal lies in this combination of a substantial interior and a sizable, private yard—a pairing that is increasingly rare. While the house itself is older, its assessed value ranks highly, suggesting solid construction and desirable location fundamentals.
The property would best suit buyers looking for a long-term family home where space, both inside and out, is the priority over modern finishes. It’s ideal for those comfortable with the character and potential maintenance of a 40-year-old home, seeing it as a canvas for gradual updates. A less obvious perspective is its potential for multi-generational living or flexible work-from-home arrangements, given the finished basement and overall square footage. The data indicates it’s a "bigger than average" home in a neighborhood of varied properties, offering a sense of established privacy without being remote.
Frequently Asked Questions
1. What is the true significance of the ranking data?
The rankings show how this property compares to others. Key takeaways are that it is significantly larger than most Winnipeg homes, and while the structure is older than many on its street, its lot size and assessed value remain highly competitive in the broader market.
2. What does a "developed basement" imply?
It means the basement is finished into usable living space (e.g., rec room, bedrooms, office), which is included in the total living area. Buyers should clarify the layout, ceiling height, and any potential moisture concerns common to basements in older homes.
3. The house is 43 years old. What should I be prepared for?
While systems like the roof, windows, furnace, and plumbing may have been updated, a pre-purchase inspection is crucial to understand the condition and anticipate upcoming maintenance or replacement costs for major components.
4. Who might this property not suit?
It may not suit buyers seeking a modern, move-in-ready home with contemporary open-concept layouts and new appliances. Those unwilling to manage yard upkeep on a large lot or who prefer a brand-new build might find it less appealing.
5. How does the assessed value relate to the likely selling price?
The municipal assessment ($683,000) is for tax purposes and is based on past market data. The actual selling price will be determined by current market conditions, the home’s specific state, and buyer demand. It serves as a benchmark, not a guaranteed sale price.