Property Overview: 427 Shelley Street, Winnipeg
Key Characteristics & Appeal
This is a well-situated, one-storey home in Kirkfield built in 1961. Its primary appeal lies in its generous 6,759 sqft lot, which is notably larger than many in the immediate area and ranks well above the city average. The home itself, at 1,100 sqft with a renovated basement, offers functional living space that is typical for the neighbourhood. A detached garage adds practical utility. The assessed value and recent sold price indicate this is a property positioned within the established mid-range of the local market.
Its strongest suit is for a buyer who values outdoor space and potential over a large or modern house. It would particularly suit a first-time homeowner, a downsizer looking for manageable single-level living, or an investor seeking a stable rental property in a mature area. The renovated basement adds flexible living or income potential. From a less obvious perspective, its consistently "around average" metrics for the home itself—against a standout lot size—suggests a property where the land may hold more inherent value than the structure, appealing to those with long-term vision for expansion or landscaping.
Frequently Asked Questions
1. How does the lot size compare to others?
The property's land area of 6,759 sqft is a key feature. It ranks in the top 23% on its own street and the top 19% city-wide, meaning it is significantly larger than many comparable lots.
2. Is the home recently updated?
The listing specifies that the basement has been renovated. Information on other updates (roof, windows, kitchen, etc.) would need to be confirmed through a viewing or direct inquiry.
3. What is the neighbourhood like?
The home is in the Kirkfield neighbourhood. It is a mature, established area with homes primarily from the 1960s, as indicated by the year-built data for nearby properties.
4. How are the property taxes estimated?
The current assessed value is $33,400. You can estimate annual property taxes by applying the City of Winnipeg's current mill rate to this assessed value.
5. What was the exact historical sale price?
The public data shows a sale in November 2022 in the range of $32.5k to $35.5k. For the precise sale price, you must request it directly from the listing source, as they provide that detail manually via email.