Property Overview: 423 Greenacre Boulevard, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Kirkfield presents a practical and updated living space. Its key feature is a renovated basement, adding valuable finished square footage to the 1,131 sqft main floor. The home sits on a standard city lot and includes a detached garage. Built in 1967, it is notably newer than many immediate neighbors on Greenacre Boulevard.
The primary appeal lies in its strong value proposition within its micro-market. The assessed value of $370k ranks significantly above average for the street, suggesting the property is perceived as a premium offering in the area, likely due to the renovations and its relative age. This creates an opportunity for a buyer to own an updated home in an established neighborhood without the premium price of a newer subdivision.
This property would suit first-time buyers or downsizers seeking single-level living with a modernized, move-in-ready space. It’s also a sensible choice for value-focused buyers who appreciate a home that stands out positively on its street in terms of condition and assessment, indicating sound prior investment and stability.
Frequently Asked Questions
1. How does the lot size compare?
While the lot is a comfortable city-standard size overall, it is slightly smaller than the average for both Greenacre Boulevard and the wider Kirkfield area. This may mean a more manageable yard with less maintenance.
2. The assessed value seems high for the street. What does that indicate?
A high assessment relative to neighbors often reflects significant improvements (like the renovated basement) and can indicate a property in better-than-average condition. It’s a positive sign for quality but should be considered during offer pricing.
3. Is the basement renovation reflected in the living area square footage?
The provided living area (1,131 sqft) typically refers to above-grade space. The renovated basement is an additional asset, offering extra living space not captured in that main figure.
4. What is the typical home like on this street?
Data shows homes on Greenacre Boulevard are, on average, older (from the late 1950s) and have a lower assessed value. This home, built later and assessed higher, is somewhat of a standout, which can be an advantage for curb appeal and resale.
5. Where can I find the exact historical sale price?
Exact sold prices are not publicly displayed in detail. The listing service provides a sold price range (e.g., $315k-$345k in 10/2017) and offers to share the precise figure via email upon request.