Property Overview
This two-storey home at 507 Whittier Avenue E in Winnipeg's Kern Park neighborhood presents a specific and practical opportunity. Built in 1927, it features 1,278 sqft of living space, a detached garage, and an unrenovated basement. The property's key distinction is its efficient use of a smaller, 2,700 sqft lot.
Its primary appeal lies in its relative value and location. The living space is notably above average for both its immediate street and the Kern Park area, offering more interior room than many nearby homes. However, this comes with a significantly smaller lot size, which is a trade-off. The assessed value is positioned around the local average, suggesting a potentially accessible entry point into the neighborhood. This combination suits practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize interior space over a large yard and are comfortable with a home that has a functional, unrenovated basement. It's a property for those who see a smaller lot as less maintenance rather than less potential.
Frequently Asked Questions
1. What does the "above average" living area ranking actually mean?
It means that at 1,278 sqft, this home offers more interior space than 92% of comparable homes on Whittier Avenue E and 84% of those in Kern Park. You're getting a house with more room inside than most in the immediate area.
2. The lot size is ranked very low. How much of a concern is this?
The 2,700 sqft lot is smaller than most. This means minimal yard maintenance and lower exterior upkeep costs, which is a benefit for some. However, it also means limited private outdoor space and potential for a tighter feel between neighboring houses.
3. The home was last sold in 2021. Is the sold price shown the exact amount?
No, the listed price range is an estimate based on public data. The exact sale price can be requested directly from the site via email, as noted in the details.
4. What is implied by the "unrenovated basement"?
This typically indicates the basement is in original or functional condition, but not modernized. It offers usable space for storage, laundry, or a workshop, but likely requires investment to finish it as a living area. View it as blank-canvas space.
5. How does the assessed value compare to the city-wide average?
While the assessed value is around the local average for the street and neighborhood, it is below the average for the entire city. This highlights that Kern Park may offer more affordable property values compared to many other parts of Winnipeg.