Property Overview: 514 Whittier Avenue E, Kern Park, Winnipeg
Key Characteristics & Appeal
This one-storey home in Kern Park is a practical and well-situated property. Built in 1958, it is notably newer than many homes on its street and in the neighbourhood, which may mean fewer concerns related to the age of core components. The 1,003 sqft living space is complemented by a renovated basement, adding functional space, and the property sits on a 4,501 sqft lot that is larger than many in the immediate area, offering good outdoor potential.
Its primary appeal lies in its solid positioning within a established community. The home's metrics—living area, assessed value, and lot size—consistently rank as "around average" or "above average" when compared directly to its Kern Park peers. This suggests a property that is comfortably in line with neighbourhood norms, rather than an outlier. It would suit first-time homebuyers or downsizers looking for a manageable, single-level layout in a quiet area. The detached garage and extra-deep lot could also appeal to someone needing workshop space, room for a garden, or future expansion.
A less obvious perspective is that its "average" standing among comparables can be a strength, indicating a lower risk of being over-improved for the area. The recent basement renovation adds modern living space without the premium of a fully updated home.
Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes. While it provides a benchmark, market price is determined by current buyer demand, the home's condition, and recent sales of similar properties. The last recorded sale was in August 2020.
2. What are the advantages of a home built in 1958 in this area?
It likely benefits from more modern construction techniques and materials than the neighbourhood's older homes (many from the 1940s), while still being part of the mature community. This era often features simpler, more efficient layouts than earlier periods.
3. The lot is noted as larger than average for the street. What does this mean practically?
The 4,501 sqft lot provides more private yard space than many neighbours. This allows greater flexibility for gardening, recreation, or adding features like a shed or patio. It also potentially offers better privacy and distance from adjacent homes.
4. What does the "renovated basement" typically include?
While specifics should be verified, a renovated basement in a home of this age and style often means it has been finished into a livable space, potentially including a family room, additional bedroom, or bathroom, adding significantly to the home's usable square footage.
5. How does this home fit within the broader Winnipeg market?
Citywide data shows its living area is below the Winnipeg average, which is common for established inner-city neighbourhoods. This reflects the trade-off: you get a character neighbourhood and location for a potentially lower price per square foot than in newer suburban areas.