Property Overview: 947 Kilkenny Drive, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fort Richmond offers a compelling blend of space, location, and value. Its primary appeal lies in its generous 2,402 sqft of living area, which places it among the larger homes both in the immediate neighbourhood and citywide. Built in 1981, it is a well-situated property in a mature area. The home features an attached garage and a full, unrenovated basement, presenting a classic canvas.
The property's standout characteristic is its scale relative to its assessed value. While the living space is in the top tier for the city, the assessed value is notably lower than many direct neighbours on Kilkenny Drive. This creates a potential value proposition, suggesting more square footage per dollar in a sought-after neighbourhood like Fort Richmond. The lot, while smaller than others on the street, is still above the city average, offering decent outdoor space.
This home would suit practical buyers looking for room to grow or customize. It’s ideal for a family that prioritizes interior space over a massive yard and sees potential in a basement awaiting their personal finish. It also appeals to the value-conscious buyer who understands that a lower assessment relative to size can sometimes indicate an opportunity, whether for long-term equity or for budgeting renovations to their own taste.
Frequently Asked Questions
Q: How does the assessed value compare to recent sale prices?
A: The home sold in late 2023 for a price range consistent with its current assessment. This suggests the assessment is closely aligned with the recent market, providing a stable benchmark.
Q: Is the basement finished?
A: No, the basement is noted as not being renovated. This offers a blank slate for future development but means the living area figure refers to above-ground space.
Q: The lot seems smaller than others on the street. Is that a concern?
A: The land area is below the street average but remains larger than most city lots. It provides standard yard space while contributing to the home's efficient value profile relative to its interior size.
Q: What does the "Elite" ranking for living area mean?
A: It indicates the home's square footage is in the top 4% of all properties in Winnipeg, highlighting its standout size on a citywide scale.
Q: The home is older. What should I consider?
A: Built in 1981, major components like the roof, windows, and mechanical systems may be at or beyond their typical lifespan. A thorough inspection is advised to budget for any necessary updates, which is common for homes of this vintage.