Property Overview: 650 Kent Road, East Elmwood
Key Characteristics & Appeal
This two-storey home at 650 Kent Road is a well-proportioned property that offers solid value within its established East Elmwood neighborhood. Built in 1960, it is notably newer than many homes on its street and in the wider area, which can be an advantage for systems and structure. With 1,712 sqft of living space, it provides ample room, ranking well above average for East Elmwood. The lot is a generous 5,288 sqft, offering good outdoor space relative to many city lots. A key feature is the detached garage, providing flexible storage or workshop space. The basement is noted as unrenovated, presenting a clear opportunity for future customization or added value.
The appeal here lies in its balanced, above-average metrics for the immediate area, suggesting a home that stands out slightly in a neighborhood context without carrying a premium price. It suits practical buyers looking for a move-in-ready home with clear potential for future upgrades, particularly in the basement. It would also appeal to those who value a larger-than-average yard and the flexibility of a detached garage in a mature, no-frills community.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,712 sqft, this home is significantly larger than the East Elmwood average (~1,065 sqft) and is also above the citywide average, offering more interior space than many comparable properties in the area.
2. What is the significance of the 1960 build year?
For this neighborhood, a 1960 build date is relatively new. It ranks in the top 4% on Kent Road and top 14% in East Elmwood, meaning it is likely younger than most surrounding homes, which can be beneficial for the condition of core components.
3. Is the assessed value a good indicator of the likely sale price?
The current assessed value is $360k. It's important to note that a nearby, very similar home at 646 Kent Road sold for $428k in early 2022. Market conditions have shifted since then, so the sale price will be determined by current demand, but this recent history provides a relevant benchmark.
4. What does "basement not renovated" imply?
This indicates the basement is in a functional but basic state. It presents an opportunity to customize the space to your needs, but any finishing will require additional investment. It's a key factor to consider in your overall budget.
5. How does the lot size compare?
The 5,288 sqft lot is above average for East Elmwood, providing good private outdoor space. It is, however, slightly smaller than the average lot on Kent Road itself and somewhat smaller than the wider Winnipeg average, so perspective depends on your comparison point.