Property Overview
This one-storey home on Leola Street in Kern Park is a practical and renovated starter home. At just over 1,000 square feet with a renovated basement, it offers efficient living space. Built in 1959, it is newer than many homes in the immediate Kern Park area. The property sits on a 3,660 sqft lot, which is manageable for low-maintenance yard care. Its assessed value is notably modest compared to the Winnipeg city-wide average, indicating a lower property tax burden.
The appeal here is straightforward value and move-in readiness in a mature neighborhood. It suits first-time buyers seeking an affordable entry into the market, downsizers looking for a single-level layout without a large yard to manage, or investors interested in a renovated property with solid fundamentals. A less obvious perspective is that its "average" metrics within the immediate area suggest it's a stable, typical home for the street, offering insulation from being over-improved or under-improved relative to its neighbors.
Frequently Asked Questions
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent, as it could range from basic finishing to including a legal secondary suite or additional bedrooms.
How does the low assessed value affect property taxes?
A significantly below-average assessed value for the city generally results in lower annual property taxes. This is a tangible financial benefit, making the ongoing cost of homeownership more manageable.
Is the home suitable for someone with mobility concerns?
As a one-storey home, it requires no stairs for main-floor living. However, suitability would depend on the specific layout, doorway widths, and bathroom configurations, which should be verified in person.
How does the lot size compare, and what are the implications?
The lot is below the city-wide average but typical for Kern Park. This means less yard maintenance, which is a plus for many, but also less private outdoor space and limited potential for expansions that require large setbacks.
What is the parking situation without a garage?
The property has no garage. Buyers should investigate driveway space or on-street parking permits to understand their practical parking options for vehicles and storage.