Property Overview: 5 Wordsworth Way, Winnipeg
Key Characteristics & Appeal
This is a well-situated, single-storey home in Winnipeg's Kirkfield neighbourhood, built in 1960. It presents a practical and grounded opportunity, with its appeal rooted in its solid positioning within its community rather than standout luxury features.
The home’s key characteristics include a renovated basement, an attached garage, and a living area of 1,276 sqft, which is very typical for similar homes on its street and in the wider area. The lot size of 6,792 sqft is a notable asset, ranking above the city-wide average and offering generous outdoor space for a property of this type. Market data shows it last sold in late 2021, and its assessed value is consistently around the average for its immediate vicinity.
Its primary appeal lies in its stability and neighbourhood integration. The home doesn’t rank at the extreme top or bottom in any major category for its area, which suggests a property that is comfortably in line with local norms—a sensible choice without unexpected premiums or major compromises. It would suit a first-time buyer or a downsizer looking for a manageable single-level layout, a renovated basement for extra living space, and a larger-than-average yard within a mature, established community. It’s a home for someone seeking a straightforward, move-in-ready property without the unpredictability of a major renovation project.
Frequently Asked Questions
1. Is this a good value compared to the rest of Winnipeg?
The data indicates this home offers good value in terms of land. While the house itself is average in size and assessed value for Kirkfield, its lot size ranks in the top 19% city-wide, meaning you get more outdoor space than most Winnipeg properties at a comparable price point.
2. What does the "renovated basement" likely include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire for details on the finish quality, ceiling height, permits, and whether it includes a separate entrance or additional bedrooms.
3. How does the 1960 build year affect the home?
Built in 1960, the home is older than about half the properties in Kirkfield. This typically means potential for original components, like windows or plumbing, to need updating. However, a renovated basement suggests some modernization has been undertaken.
4. What is the neighbourhood feel of Wordsworth Way?
The proximity of many similar homes on the same street (as seen in the nearby properties list) suggests a consistent, established streetscape. The fact that home metrics are consistently "around average" for the street indicates a stable, uniform community without extreme outliers.
5. Why is the assessed value so much lower than the city-wide average sale price?
The assessed value (approximately $37,900) is a municipal valuation for tax purposes and is not a market price. The city-wide average sale price referenced (about $390k) is for all home types and areas. The home’s actual market value is better reflected by its late-2021 sale in the $395k-$425k range and the assessed values of similar nearby properties.