Property Overview: 120 Whittier Avenue E, Kern Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kern Park is defined by its balance of a generous lot and a modest, renovated living space. Its key characteristic is a 5,000 sqft land area, which is notably larger than most lots on its street and in the neighbourhood, offering valuable outdoor space and potential. The 888 sqft living area is compact but functional, with the notable feature of a renovated basement adding to its usable space. Built in 1913, it is a character home that requires an appreciation for older properties.
The appeal lies in its efficient scale and lot size. It suits a specific buyer: first-time homeowners, downsizers, or investors seeking a manageable property without sacrificing yard space. It’s a practical entry into the Kern Park area, where the lot itself represents a significant portion of the property’s value and future potential. A thoughtful perspective is that this home may appeal to those who prioritize low-maintenance living above ground but desire a basement for storage, a workshop, or a separate entertainment area. Its assessed value is consistently below local averages, which can indicate a more accessible price point but also warrants a thorough inspection to understand the condition and any updating needs of the century-old structure.
Section 2: Frequently Asked Questions
1. How does the lot size compare to typical city properties?
While the living space is compact, the 5,000 sqft lot is above average for its immediate area. City-wide, it is around the median, meaning you get a suburban-sized yard in an established neighbourhood.
2. The home was built in 1913. What should I consider?
As a home over 110 years old, prospective buyers should prioritize a thorough inspection focusing on foundational integrity, plumbing, electrical systems, and insulation. The renovated basement is a plus, but understanding the scope and quality of that renovation is key.
3. The assessed value seems low. Does that reflect the sale price?
Assessed value for municipal taxes often differs from market value. The consistent "below average" assessment relative to the area suggests the property may be valued lower by the city, but the final sale price is determined by the current market.
4. What is the neighbourhood like?
Kern Park is an established, central Winnipeg neighbourhood. The property's metrics show it is typical for the area in terms of size and value, suggesting a stable, residential community with older homes.
5. Who would this house be a good fit for?
It's ideally suited for buyers who value outdoor space over a large interior footprint. It could work well for a first-time buyer comfortable with an older home, a downsizer looking for a manageable house with a nice yard, or an investor considering the value of the lot itself for the future.