Property Summary: 152 Irving Place, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Kildonan Drive area, built in 1958. Its key characteristic is its modest scale: with 1,030 sqft of living space and a 5,003 sqft lot, it is notably smaller than most homes on its own street and in the immediate neighborhood. This is reflected in its below-average assessed value for the area. The home features a renovated basement and a detached garage.
Its primary appeal lies in its efficiency and affordability within a well-established area. It represents a lower barrier to entry for homeownership in a mature community, avoiding the premium for larger, modern footprints. The renovated basement adds functional living space, which is a significant asset in a smaller main-floor home. This property would best suit first-time buyers, downsizers, or pragmatic investors seeking a manageable property without major renovations. It’s for someone who values location and a solid foundation over square footage, and who sees the smaller lot size as less maintenance rather than less utility.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the selling price?
While the assessed value is around average for the wider city, it's below average for this specific street. Market conditions, the home's updated condition (like the basement), and buyer demand for move-in-ready, smaller homes will ultimately determine the sale price.
2. How much of a concern is the smaller living area and lot size?
This is the defining trade-off. The home offers less space than most neighbors, which impacts room size and storage. However, this also translates to lower utility costs, less upkeep, and a potentially faster sale due to its accessible price point for the area.
3. The home is older. What should I check regarding its condition?
A 1958 build requires a thorough inspection. Key focus areas should be the foundation, roof age, electrical wiring (ensuring it's been updated from original), plumbing, and the quality/permits for the basement renovation to ensure it was done properly.
4. What are the benefits of the Kildonan Drive area?
This is an established neighborhood with mature infrastructure, parks, and schools. The data shows homes here generally have larger lots and are older, indicating a stable, traditional community feel rather than a new development.
5. Can I get the exact historical sale price instead of the range shown?
Yes. The exact sold price from the last transaction in November 2016 is available upon direct request to the listing service. They provide this detail manually via email without using your address for unsolicited marketing.