Property Overview
This one-storey home at 559 Victoria Avenue E in Winnipeg's Kern Park neighborhood presents a practical and value-conscious opportunity. Built in 1959, the 1,037 sqft house sits on a 5,104 sqft lot and features a renovated basement and a detached garage.
Its primary appeal lies in its solid positioning within a stable, established community. The data suggests a home that is consistently "around average" or better in key metrics when compared to its immediate area and the city. Notably, its assessed value and land size rank well above average for the Kern Park area, indicating a property that holds its ground in the local market. The appeal is one of straightforward, no-fuss living without extreme outliers in size or price.
This property would suit first-time buyers seeking an entry into homeownership with manageable scale, or practical downsizers looking for a single-level layout in a mature neighborhood. It’s for a buyer who values a renovated basement for extra space and a decent-sized lot more than modern finishes or a brand-new build.
Frequently Asked Questions
What is the neighborhood like?
Kern Park is an established, mature neighborhood in Winnipeg. The property's metrics—like its above-average land size and assessed value for the area—suggest it's in a stable part of the community, likely with a mix of long-term residents and newer homeowners.
How does the size compare to nearby homes?
The living area is slightly below the average for Victoria Avenue E but is actually near the average for Kern Park as a whole. This indicates the home is typical for the immediate neighborhood, offering a comfortable footprint without being overly large or small for the area.
What does the assessed value tell me?
With an assessed value that ranks in the top 17% for Kern Park, this property is considered more valuable than many of its direct neighbors. This can be a positive indicator of the lot's value, the condition of the home, or its general standing within the local market.
Is there a price history available?
The home sold in March 2024 and previously in February 2021. Exact sale prices are available upon request from the listing source, which provides a transparent look at recent market activity for this specific address.
What are the key features and drawbacks?
Key features include the renovated basement, detached garage, and a land size that is generous for the Kern Park area. The home is of a vintage (1959), so potential buyers should budget for updates consistent with its age. There is no swimming pool.