Property Overview: 477 Woodlands Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1956 on a good-sized lot in Winnipeg's Kirkfield neighbourhood. With 909 sqft of living space, it is notably smaller than most comparable homes in the area, placing it in the bottom quarter for size locally. Its assessed value, however, is closer to the average for its immediate street, suggesting the land and location contribute significantly to its worth. The detached garage and nearly 6,000 sqft lot offer practical space and potential.
The primary appeal lies in its position as an entry-point property in a mature neighbourhood. It suits a first-time buyer, an investor, or someone looking to downsize who prioritizes lot size and location over a large interior. The home presents a clear value-adding opportunity; its below-average size and assessed value for the wider area indicate room for modernization or an addition, which could align it more closely with neighbourhood norms. It’s a property for a pragmatic buyer who sees the foundation rather than the finish line.
Section 2: Frequently Asked Questions
1. Is this a "fixer-upper"?
Based on the data, the home is significantly smaller and has a lower assessment than many in Kirkfield, which often indicates it may be dated or in need of updates. It is well-suited for a buyer comfortable with renovation projects.
2. Why is the assessed value relatively low for the area?
The assessed value is average for Woodlands Crescent itself but below average for Kirkfield. This is typically tied directly to the home's smaller living area and likely its original condition, as the lot size is on par with the area.
3. What is the potential for adding square footage?
The lot is a key asset. At nearly 6,000 sqft, it is larger than many city-wide averages, providing ample room for a lateral addition or expansion, which could significantly increase the home's value given the neighbourhood averages.
4. How stable is the neighbourhood?
The consistent year-built data (most homes on the street and in Kirkfield were built in the early 1960s) points to a long-established, stable community with homes of similar vintage.
5. How can I get the exact historical sale price?
The listed sale price from 2017 is a public range. The exact figure can be requested directly from SaveOnHouse via email; they provide this specific data manually upon request at no cost.