Property Summary: 532 Victoria Avenue E, Winnipeg
Key Characteristics & Appeal
This is a modest, one-storey home in Kern Park, built in 1962. With 914 sqft of living space, it is notably smaller than the average city home, offering a low-maintenance footprint. Its key features include a renovated basement and a detached garage. The lot size is a practical 5,005 sqft, which is above average for the Kern Park area, providing valuable outdoor space relative to the neighbourhood.
The appeal lies in its efficiency and location. It represents an opportunity for entry into the housing market or for downsizers seeking a manageable property without sacrificing yard space. The home’s assessed value is strong for Kern Park, ranking well above the neighbourhood average, which suggests it is viewed favorably within its immediate context. It would suit a first-time buyer, an investor, or someone looking to simplify their living arrangements who values a classic neighbourhood setting over a large interior.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 914 sqft, the living area is below the city-wide average but is closer to the typical size for the Kern Park neighbourhood itself, making it a compact but contextually appropriate home for the area.
2. What does the assessed value ranking indicate?
The assessment ranks in the top 15% for Kern Park, meaning it is valued higher than most comparable homes in the immediate neighbourhood. This could reflect the renovated basement, lot size, or overall condition relative to other area properties.
3. Is the lot size a pro or a con?
It’s a relative strength. While the lot is not exceptionally large for the street, it is above average for Kern Park as a whole. This means you likely get more private outdoor space than many nearby homes, which is a valuable asset in a mature neighbourhood.
4. Who might this property not suit?
It may not suit buyers needing multiple bedrooms or abundant indoor living space, as the square footage is limited. Those prioritizing a modern, open-concept layout may also find a 1960s-era floor plan less ideal.
5. How can I get the exact historical sale price?
The listed sale history shows estimated ranges. To obtain the precise sale price from June 2020, you can request it via email from the site. They provide this data manually and do not use email addresses for unsolicited marketing.