Property Overview
This 840 sqft, one-storey home on a 3,300 sqft lot in Kern Park presents a straightforward, entry-level opportunity. Built in 1946, it features a basement that is noted as unrenovated and comes without a garage. The data indicates it is a modest property by most metrics: its living space, assessed value, and lot size all rank below the averages for its immediate street, neighborhood, and the wider city. Its most recent recorded sale was in late 2020.
Key Characteristics & Appeal
The primary appeal of this home lies in its affordability and its position as a potential starting point in the market. With a consistently below-average assessed value, it represents one of the more accessible price points in Winnipeg. Its smaller scale translates to lower utility costs and less maintenance, which can be a significant draw.
This property would suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimalist, low-overhead lifestyle. Its unrenovated basement offers a blank canvas for future expansion or storage, but requires a buyer comfortable with a project or willing to accept it as-is. A thoughtful perspective is that a home of this size and vintage in a mature neighborhood like Kern Park often fosters a simpler, more community-oriented lifestyle, where living happens in shared local parks and amenities rather than within a large private footprint.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific characteristics, including its smaller size, age, and lack of renovations compared to the broader Winnipeg housing stock, which includes many larger, newer, or updated homes.
2. What does "below average" for lot size mean in a neighborhood context?
While the 3,300 sqft lot is below the Kern Park average, it is relatively closer to the average for Ravelston Avenue E itself. This suggests the lot is typical for this specific street, which may have been developed with more compact parcels.
3. Is the unrenovated basement finished or usable?
The listing specifies it is "not renovated." This typically means it is in a rough, unfinished state (concrete floors, exposed framing/mechanicals) and would require investment to become a comfortable living space.
4. How reliable are the sold price ranges shown?
The provided price ranges are based on public data. For the exact historical sale price, you must request it directly via the email service described, as the website manually verifies this information.
5. What are the implications of having no garage?
This means parking is limited to driveway or street parking. For Winnipeg winters, this is a significant consideration for vehicle maintenance and daily convenience, and it may impact storage options for tools or seasonal items.