Property Overview: 138 Irving Place, Winnipeg
Key Characteristics & Appeal
This two-storey home in the Kildonan Drive area presents a compelling blend of above-average living space and modern updates within a mature neighbourhood. Its primary appeal lies in its generous 1,924 sqft of living area, which ranks within the top 16% of homes on its street and the top 12% within the local area, offering more room than typical comparables. A key feature is the renovated basement, adding immediate functional space without the need for a project. The attached garage and a solid 1969 build year, which is newer than many neighbouring homes, round out the practical foundations.
While the lot size is more modest compared to others on Irving Place, it remains above the Winnipeg city-wide average, suggesting a manageable yard with less maintenance. The home’s assessed value of $460k positions it as a premium property on its street and in the broader area, indicating perceived quality and desirability. This property would best suit buyers looking for a move-in-ready home with ample interior space, who prioritize a renovated condition over a vast lot, and who value being in an established neighbourhood with above-average metrics for size and modern convenience.
Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is smaller than the average lot on Irving Place, it is still larger than the typical Winnipeg home. This often translates to less yard maintenance while still providing private outdoor space. The trade-off is more interior living space on a manageable plot.
2. What does the "above average" ranking for Year Built mean?
Built in 1969, this home is newer than most in the immediate Kildonan Drive area. This can suggest updates to fundamental systems (like electrical or plumbing) may have occurred more recently than in older neighbouring homes, though specific details should be verified.
3. The last sold price shows a range (~$40.5k-$43.5k in 2020). Why is it so low?
This very low sold price from 2020 is almost certainly not the full market value. It typically indicates a title transfer between family members, a refinancing transaction, or a partial interest sale. The current $460k assessed value is the relevant figure for understanding its market position today.
4. Who would this home not be ideal for?
Buyers seeking a very large, sprawling yard or those specifically looking for a brand-new build in a suburban development might find other properties more suitable. The appeal here is in its spacious, updated interior on a standard city lot.
5. How reliable are the "top X%" rankings provided?
These rankings are a useful, data-driven snapshot comparing this home to specific groups of "comparable homes" on its street, in the area, and city-wide. They effectively show that this property offers more living space than most peers, but should be one factor considered alongside a physical viewing and professional inspection.