Property Overview
This one-storey home at 336 Larche Crescent in Winnipeg’s Kildare-Redonda neighbourhood presents a practical and value-oriented opportunity. Its key appeal lies in a balance of modest size, a renovated basement, and a lot that offers above-average space for its immediate area. Built in 1972, the home sits on a 5,197 sqft lot, which is notably larger than many on its own street and in the surrounding neighbourhood. While the 833 sqft living area is compact and below the citywide average, it is typical for Larche Crescent. The home’s assessed value consistently ranks above average for both its street and neighbourhood, suggesting it is viewed as a solid asset within its local context. A detached garage adds functional storage or parking.
This property would suit first-time buyers seeking an entry point into homeownership with a manageable footprint, or practical investors looking for a rental property with a desirable lot size. Its renovated basement adds functional living space, making it a viable option for small families or those who value a lower-maintenance, single-level layout. The above-average lot size also offers latent potential for gardening, outdoor living, or future expansion, subject to local regulations.
Frequently Asked Questions
1. How does the lot size compare to others?
The 5,197 sqft lot is a standout feature, ranking in the top 29% on Larche Crescent itself. It provides more outdoor space than is typical for many homes in the Kildare-Redonda area.
2. Is the living space considered small?
At 833 sqft, the living area is slightly below the neighbourhood average but is actually around the typical size for homes on Larche Crescent. The renovated basement effectively adds usable space to the overall footprint.
3. What does the assessed value ranking indicate?
The home’s assessed value ranks above average for both its street and neighbourhood. This often reflects factors like its lot size, condition, and recent improvements relative to nearby properties, rather than just raw square footage.
4. When was it last sold and for roughly how much?
The property was last sold in June 2022. Based on available public data, the sale price was in the range of $34.50k to $37.50k. An exact sold price can be provided upon request.
5. What is less obvious about this property’s position?
While the home’s size is modest by citywide standards, its value metrics are strong within its hyper-local market. This suggests it may represent a efficient, land-value play in a stable setting, rather than competing with larger, newer suburban homes. Its age (1972) is newer than many in the wider neighbourhood, which can be an advantage for system longevity.