825 Kilkenny Drive

Property Overview: 825 Kilkenny Drive, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This one-storey home in Fort Richmond is a property of contrasts, defined by its context. Built in 1979, it features a renovated basement and an attached garage on a sizable 8,575 sqft lot. Its primary appeal lies in its strong positioning within the broader Fort Richmond area and citywide market. While its living space (1,564 sqft) is modest compared to other homes on Kilkenny Drive, it is notably above average for both the neighbourhood and Winnipeg overall. Similarly, its assessed value of $490k ranks highly in Fort Richmond, suggesting a premium for the location and lot.

The property suits practical buyers looking for solid value in a established neighbourhood. It’s ideal for those who prioritize a larger, suburban-sized lot and a main-floor living layout over a massive interior footprint. The renovated basement adds functional space. A thoughtful perspective is that this home represents an entry point into a street of generally larger, higher-value properties, offering a chance to secure land and location with potential for future updates. Its recent sale history indicates significant appreciation, pointing to strong market confidence in the area.

Frequently Asked Questions

1. Is the house smaller than others on the street?
Yes. The living area is below the street average, ranking 116th out of 131 comparable homes on Kilkenny Drive. However, it is larger than the typical home in both Fort Richmond and Winnipeg overall.

2. Why is the assessed value so much higher than past sale prices?
The assessed value of $490k is a current municipal valuation for taxation, reflecting market trends. The last recorded public sale was in 2023 in the $45,500-$48,500 range. This large gap indicates substantial market appreciation or possibly significant improvements made to the property.

3. What does the lot size mean for potential buyers?
At 8,575 sqft, the lot is above average for the city and Fort Richmond, offering good outdoor space. It is, however, below the very large average lot size found specifically on Kilkenny Drive itself.

4. Who would this property suit best?
It would suit buyers seeking a one-storey layout in a desirable neighbourhood, who value a larger lot and are comfortable with a home that has a cozy interior relative to its street but is spacious by wider standards. It may also appeal to those seeing potential in the location.

5. How does its age compare to nearby homes?
Built in 1979, it is around the average age for Kilkenny Drive but is newer than the average home in both Fort Richmond and Winnipeg citywide. This suggests the immediate area consists of well-established properties from a similar era.