Property Overview: 115 Harvard Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kern Park is a practical property centered on value and potential. Its key characteristic is a renovated basement, adding functional living space to the 846 sqft main floor. The detached garage and a notably larger-than-average lot for the neighbourhood (over 5,300 sqft) provide valuable outdoor utility and space. Built in 1956, it is newer than many homes on its street, which may suggest fewer concerns associated with very old infrastructure.
The appeal lies in its position as an efficient, no-frills property. It suits first-time buyers or investors looking for an entry point into the market with immediate livability and a renovated space. The generous lot is a standout feature for the area, offering room for gardening, expansion, or simply more private outdoor space than is typical. It’s a home for those who prioritize land size and functional updates over square footage in the main living area.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 846 sqft, the main living area is below the average for both Harvard Avenue E and the broader Kern Park neighbourhood. This indicates a more compact main floor plan, with the renovated basement providing crucial additional space.
2. What does the assessed value tell us?
The assessed value of $29,800 is around average for the immediate street and neighbourhood but below the city-wide average. This typically reflects the home’s size, age, and location, suggesting it is priced in line with its local market context.
3. Is the lot size a significant feature?
Yes. The lot of 5,301 sqft ranks in the top 14% for Kern Park, meaning it is substantially larger than most in the area. This is a key asset, offering more yard space than you would typically find.
4. What can recent sold prices indicate?
The home sold in mid-2023 for an estimated $26.5k-$29.5k. Prior to that, it sold in late 2017 for an estimated $21.5k-$24.5k. This history shows a pattern of value increase over that six-year period.
5. Who might this property not suit?
Buyers seeking a large, open-concept main floor or a move-in-ready home with modern finishes throughout may find the layout and size limiting. It is best suited for those comfortable with a home that offers solid fundamentals and value, with room to personalize over time.