Property Overview: 5 Neil Place, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Kildonan Drive offers a practical and comfortable living space. Its key strength is the generous, above-average lot size of just under 7,900 sqft, providing ample outdoor space that stands out both locally and city-wide. The 1,359 sqft living area is notably spacious for its immediate neighbourhood, ranking in the top 12% on Neil Place. A significant feature is the renovated basement, adding valuable finished space. The home is of a classic 1950s build, with an attached garage for convenience.
The appeal lies in its balance of space, updates, and location. It suits buyers looking for a move-in-ready home with a large yard in an established area—ideal for families, gardeners, or anyone valuing private outdoor space without being on the city's outskirts. The renovated basement adds immediate functionality, whether for recreation, guests, or a home office. A thoughtful perspective is that while the home's assessed value is strong for its street, it sits around the average for the broader area, suggesting it may offer solid value within a desirable pocket of Kildonan Drive without the premium of a newer subdivision.
Frequently Asked Questions
1. How does the lot size compare to typical city lots?
The 7,909 sqft lot is significantly larger than the Winnipeg average of about 6,570 sqft, placing it in the top 12% city-wide for land area.
2. Has the home been recently updated?
The basement has been renovated, which is a key update. The listing does not specify the extent or date of other renovations, so this would be a point for further inquiry.
3. What is the neighbourhood like for families?
Located on a quiet place just off Henderson Highway, it offers a residential setting with quick access to major routes. The large lot and spacious interior are family-friendly features.
4. How does the assessed value relate to the likely selling price?
The assessed value is $37,900. It's important to note that municipal assessments are for tax purposes and often differ from market value. The last known sale was in 2020 for approximately $33.5k–$36.5k.
5. Where can I find the exact historical sale prices?
The exact sold prices are not publicly displayed in detail. The listing service offers to provide this information manually via email upon request, at no cost and without marketing spam.