Property Overview: 410 Kirkfield Street, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home on a generous lot presents a practical and solid opportunity. Its key characteristics include a renovated basement, a detached garage, and a living space of approximately 1,083 sq ft, which is typical for the immediate area. The standout feature is the property's assessed value, which ranks in the elite top 4% on its own street, suggesting it may offer strong intrinsic value relative to its closest neighbors. Built in 1960, it is slightly newer than other homes on Kirkfield Street, and its lot size of 6,747 sq ft provides above-average outdoor space compared to the wider city.
The appeal lies in its grounded, no-frills presentation as a functional home with clear updates where they count, like the finished basement. It suits a first-time buyer looking for a manageable, single-level layout with room to grow outdoors, or an investor seeking a property with a valuation that appears strong within its micro-market. It’s a home for those who prioritize lot size and value fundamentals over modern luxury.
Frequently Asked Questions
1. What does the "elite" assessed value ranking on the street actually mean?
It means that, according to public assessment data, this property’s official valuation is among the very highest on Kirkfield Street itself. This can indicate a combination of factors like lot desirability, property condition, or improvements that are recognized in the assessment.
2. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
3. How does the sold price history help?
The last recorded sale was in 2016. That history provides a decade-old baseline, but the current assessed value and market conditions will be the primary drivers of today’s price.
4. What are the implications of a detached garage?
A detached garage offers flexibility and can reduce noise transfer, but it means navigating outdoors to access your vehicle, which is a consideration during Winnipeg winters.
5. The home is described as "around average" in size for the area. Is that a drawback?
Not necessarily. It indicates the home fits the neighborhood's norm, which can be an advantage for resale value and property tax proportionality, as you’re not over- or under-built for the location.