Property Overview
This 912 sqft one-storey home at 418 Golf Boulevard in Winnipeg's Kirkfield neighbourhood presents a practical and value-conscious opportunity. Built in 1962, it sits on a roughly 5,945 sqft lot and features a renovated basement and a detached garage. Its key appeal lies in its strong value proposition within its immediate area. While the living space is modest compared to broader city averages, the home's assessed value ranks notably high for Golf Boulevard itself, suggesting it is viewed as a solid asset on its street. The renovated basement adds functional living space, a significant plus for a home of this size.
It would suit first-time buyers seeking an entry point into a stable area, downsizers looking for a manageable single-level layout with a finished basement for guests or hobbies, or value-focused investors attracted by its above-average assessment ranking on the street. The detached garage offers flexibility for parking, storage, or workshop space. A thoughtful perspective is that this home may represent a "street-relative value"—while not the largest home in the city, it holds its own and even excels within its specific local context, which can be a marker of stability and a good foundation for future equity.
Frequently Asked Questions
1. How does the home's value compare to its neighbours?
The home's assessed value ranks in the top 29% on Golf Boulevard, meaning it is assessed higher than most directly comparable homes on the same street. This indicates it is considered a strong performer in its immediate locale.
2. Is the living space sufficient for a small family?
At 912 sqft above grade, the main floor living area is compact. However, the renovated basement effectively doubles the usable space, making it more viable for a small family, provided the layout is functional.
3. What does the sold price history indicate?
The home sold previously in 2021 and 2017. The 2021 sale price range placed it in the top 21% for its street, showing a history of achieving strong street-relative value at time of sale.
4. Are there any concerns with the age of the home?
Built in 1962, the home is older than most on its street (ranking in the top 22% by year built, meaning it is newer than many). While this is positive locally, a standard inspection for a home of this age is essential to review major systems like wiring, plumbing, and the roof.
5. What are the advantages of the lot size?
At just under 6,000 sqft, the lot is typical for Golf Boulevard but offers good outdoor space for the home's footprint. It provides room for gardening, recreation, and potential upgrades like a deck or shed, without being overly burdensome to maintain.