Property Overview
497 Woodlands Crescent is a well-maintained, modern one-storey home in Winnipeg's Kirkfield neighbourhood. Built in 2008, it stands out as one of the newest homes on its street and in the wider area, offering contemporary construction in an established community. The home features 1,171 sqft of living space, a renovated basement, and a detached garage on a roughly 6,000 sqft lot.
Its primary appeal lies in its relative newness and above-average positioning within its immediate locale. The assessed value ranks in the top 15% on its own street, suggesting it is perceived as a higher-quality asset compared to many neighbours. The renovated basement adds functional living space. This property would suit buyers looking for a move-in ready, low-maintenance home without the quirks or major update projects of an older build. It’s ideal for downsizers, first-time buyers, or small families who value modern systems and a straightforward layout over expansive square footage.
A thoughtful perspective: While the living area is modest compared to the city average, its premium assessment on the street indicates quality and condition can outweigh sheer size. Purchasing one of the newest homes on a block of older properties can be a strategic compromise, offering modern comforts while still benefiting from the mature trees and settled character of an established area.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value of $410k ranks well above the average for Woodlands Crescent and is solidly within the average range for the broader Kirkfield neighbourhood and citywide. This suggests it is a valued property on its street.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand if it’s a finished recreational space, contains additional bedrooms, or includes a separate entrance.
3. Is the lot size a pro or con?
At just under 6,000 sqft, the lot is average for the street and neighbourhood but smaller than the typical Winnipeg lot. This means lower yard maintenance but also less private outdoor space, which is worth considering if gardening or expansive play areas are a priority.
4. Why is the year built such a standout feature?
Built in 2008, this home is significantly newer than most in the vicinity, where average build years are from the 1960s. This typically translates to newer roofing, windows, HVAC, and electrical systems, potentially reducing near-term repair costs.
5. Where can I find exact historical sold prices?
The provided sold price history is an estimated range. The listing service notes that exact sold prices are available upon direct request via email, which they provide manually as a complimentary service.