Property Overview: 412 Yale Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This Kern Park home is a practical and well-positioned two-and-a-half storey character home, built in 1914. Its key appeal lies in its balance of established neighborhood charm and modern updates, notably a renovated basement. With 1,327 sqft of living space, it offers a comfortable size that is above average for the Kern Park area itself. The property includes a detached garage and sits on a 3,300 sqft lot.
The home’s value is grounded in its strong relative standing within its immediate community. While its lot size and age are typical for the central street and neighborhood, its living area and assessed value rank notably higher than many Kern Park peers. This suggests a home that has been maintained or improved in ways that outpace the local baseline. It would suit a buyer looking for a move-in ready character home without the largest yard, prioritizing interior space and updates over a sprawling lot. It’s a solid choice for someone who values being in a mature, established neighborhood like Kern Park, where the home itself stands a step above area averages in key metrics.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,327 sqft, the living area is actually above the average for Kern Park, ranking in the top 14% of similar homes in the neighborhood. This means it offers more interior space than most comparable local properties.
2. What does the assessed value tell us?
The assessed value of $33.30k ranks well above the Kern Park average, placing it in the top 17% of the area. This typically indicates the property has features or conditions that the city assessor views favorably compared to neighboring homes.
3. Is the lot size a limitation?
The 3,300 sqft lot is smaller than the average for both Yale Avenue E and the city overall. This may mean less outdoor maintenance but also limited space for expansions or large landscaping projects. It’s a trade-off common for older, central neighborhoods.
4. The home was built in 1914. What should I consider?
While the basement has been renovated, the core structure is over a century old. Prospective buyers should prioritize a thorough inspection to understand the condition of major aged components like the foundation, plumbing, and electrical systems, which may have been updated over time.
5. Can I find out the exact historical sale price?
The listed sale price range is based on public data. The exact sold price from the last transaction in September 2023 is available by request from the listing service, which provides it via email without using your address for unsolicited marketing.