Property Overview
140 Fraser's Grove is a well-maintained, one-storey home in Winnipeg's Kildonan Drive area. Built in 1958, it features 1,566 sqft of living space, an attached garage, and a renovated basement. The property sits on a 5,551 sqft lot.
Key Features & Ideal Buyer
The primary appeal of this home lies in its generous and efficient layout. With living space ranking in the top 10% on its own street and top 23% in the broader Kildonan Drive area, it offers significantly more room than many comparable properties, making it a standout for its size in a mature neighbourhood. The renovated basement adds functional living space. Its assessed value is consistent with area averages, suggesting a fair market position without premium pricing for its above-average square footage—a potential value perspective for savvy buyers.
This property would suit buyers looking for a spacious, single-level living configuration in an established community. It’s ideal for those who prioritize interior space over a vast yard, as the lot size is typical for the area. The home appeals to practical buyers seeking a move-in-ready foundation with a modernized basement, potentially fitting empty-nesters needing room for family visits or first-time buyers planning for long-term growth.
Frequently Asked Questions
1. How does the home’s size truly compare to others?
At 1,566 sqft, the living area is notably larger than many peers. It ranks 4th out of 42 homes on Fraser's Grove (top 10%) and is over 200 sqft larger than the average home in the Kildonan Drive area.
2. Is the assessed value in line with recent sale prices?
The current assessed value is $38.50k. The home last sold in December 2017 for an estimated $31.50k–$34.50k. The increase in assessed value since then appears consistent with broader market trends.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key detail to clarify with the seller or listing agent regarding finishes, permits, and the nature of the renovation.
4. How does the lot size impact potential?
The 5,551 sqft lot is average for the street and area. It provides standard outdoor space but may not allow for extensive expansions or additions without creative planning, given the home's already generous footprint.
5. What is the neighbourhood context of Kildonan Drive?
Kildonan Drive is a mature Winnipeg neighbourhood with homes primarily from the mid-20th century. This property's above-average living space for the area suggests it was likely a premium model for its time, offering a sense of established community and larger interior spaces compared to many post-war builds.