Property Overview: 65 Kestrel Way, Winnipeg
Key Characteristics & Appeal
This 1,674 sqft home, built in 2019, presents a compelling mix of modern living and relative value within Winnipeg. Its primary appeal lies in its position as a newer, well-sized home that stands out more broadly across the city than it does on its own street. While its living space and assessed value are below the averages for the immediate Ridgewood South neighborhood, the home is notably above the citywide average for size and is a modern property compared to Winnipeg's typically older housing stock. The lot size is generous for the street.
This property would suit a practical buyer looking for a turn-key, modern home without paying a premium for the most sought-after lots in the area. It’s ideal for someone who values a newer build (minimizing immediate repair costs) and adequate indoor space, and who is less concerned with having a top-tier assessment value on their street. The data suggests an opportunity for a buyer comfortable in a solid, newer home that may offer more interior space per dollar than many older city properties, while accepting it is a more average offering within its specific, newer subdivision.
Frequently Asked Questions
1. Why is the assessed value notably lower than others on the street?
The assessed value of $398k ranks in the top 98% on Kestrel Way, meaning it is one of the lowest on the street. This could be due to various factors like lot placement, specific finishes, or original purchase price. It's a key point for negotiation and property tax considerations.
2. How does the living area compare to other Winnipeg homes?
Despite being slightly below average for its neighborhood, this home's living area is in the top 22% city-wide. This indicates it offers more interior space than the majority of comparable homes across Winnipeg, which is a significant advantage.
3. The home sold in 2019. What does the sold price data indicate?
Public data shows a sold price range between $400k-$450k in late 2019, which was in the top 90% for the street at that time. This suggests it was purchased at a price point consistent with other homes on the street when new.
4. Is the lot size a pro or a con?
At 5,619 sqft, the lot is above average for Kestrel Way, offering more outdoor space than many direct neighbors. However, it is smaller than the broader neighborhood average. This means you likely get a better yard than immediate comparables, but not as large as some older lots in Ridgewood South.
5. How can I get the exact historical sold prices?
Due to industry rules, exact MLS sold records are not displayed. You can request the full transaction history and exact figures via email from the site, which they will provide manually without using your information for marketing.