Property Overview: 205 Regent Avenue E, Kern Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Kern Park is defined by its modern foundation and efficient layout. Built in 2003, it is significantly newer than most area homes, offering contemporary construction and likely fewer major maintenance concerns in the near term. With 1,022 sqft of living space and a renovated basement, it provides practical, modernized space that is comfortably above average for its immediate street and neighbourhood.
The home’s primary appeal lies in its standout assessed value within the local context—it ranks in the top 10% for Kern Park and its stretch of Regent Avenue E. This suggests a strong valuation relative to its peers, which can be attractive for equity and financing. The trade-off is a smaller, more manageable lot (2,800 sqft), which means less yard upkeep but also less private outdoor space compared to many area properties.
This property would suit first-time buyers or downsizers seeking a low-maintenance, modern home in a central neighbourhood without the surprises of an older structure. It’s also a pragmatic fit for value-oriented investors or buyers who prioritize interior updates and financial appraisal over expansive land.
Section 2: Frequently Asked Questions
1. How does the home’s age compare to others nearby?
Built in 2003, this home is notably newer than the neighbourhood average, where many homes were built in the mid-20th century. This typically translates to more modern building systems and materials.
2. The lot seems smaller than average. What does that mean for me?
The land area is below average for the street, neighbourhood, and city. This means less yard maintenance and lower property tax implications tied to land value, but also more limited private outdoor space for gardening or expansions.
3. Why is the assessed value ranked so highly locally?
The assessed value places in the top 9% for Kern Park. This strong valuation often reflects the home’s newer construction, renovations, and desirable location on a main avenue, even with a smaller lot size.
4. What is the living space like compared to the area?
At 1,022 sqft, the living area is above the direct neighbourhood average. Combined with the renovated basement, it offers efficient, functional space that is competitive for the area.
5. Can I see the exact historical sale prices?
Exact sold prices are not publicly displayed in detail. The listing service provides an estimated range (e.g., $24.5k–$27.5k in March 2016) and offers to provide precise figures via a manual email request at no obligation.