Property Overview
This two-storey home at 500 Greenacre Boulevard in Winnipeg's Kirkfield neighbourhood stands out for its generous proportions and modern updates within a well-established area. Its primary appeal lies in offering significantly more space—both indoors and on the land—than most comparable properties. With a renovated basement and a private pool, it is a turnkey home for those seeking room to grow and entertain.
Key Characteristics & Ideal Buyer
The home’s most defining characteristic is its scale. At 2,593 sqft of living space, it ranks in the top 2% for size on its street and in Kirkfield, offering over double the average area of nearby homes. This is complemented by a large, private lot of nearly 9,000 sqft, also in the top 5% locally. Combined with a newer build date (1983) relative to many area homes and a renovated basement, it presents a rare blend of ample space and modern livability. The addition of a pool makes it a private recreational retreat.
The property would perfectly suit a growing or multi-generational family that prioritizes indoor and outdoor space over features like an attached garage. It also appeals to buyers looking for a home that requires no immediate major work, thanks to its renovations and relatively contemporary build. The data suggests it offers a unique value proposition: a home with elite-level square footage in the neighbourhood, without the premium price tag of a brand-new custom build.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home was last sold in July 2017 for between $50.50k and $53.50k. Its current assessed value is $51.60k, indicating stable market valuation in line with that recent sale.
2. What does the "top 2%" ranking actually mean for living area?
It means this home is larger than 98% of comparable homes on Greenacre Boulevard. In practical terms, at 2,593 sqft, it is more than twice the size of the average home (1,078 sqft) on the same street.
3. Is the lack of a garage a significant drawback?
This depends on the buyer's priorities. The home trades a garage for a much larger than average lot, which provides space for a pool, extensive landscaping, or future outbuildings like a shed or detached garage. For those who value expansive outdoor living space over covered vehicle storage, it is a compelling trade-off.
4. The home is from 1983. Are there any concerns about its age?
While 40+ years old, the home is notably newer than the neighbourhood average (homes on the street average a 1958 build). This suggests major systems like plumbing and electrical may be more modern. The renovated basement also indicates updates have been made.
5. What is the broader neighbourhood context?
Kirkfield itself shows strong property values. This home's assessed value is "above average" (top 19%) within the wider neighbourhood, but its living area and lot size are "elite" (top 2-5%). This indicates you are purchasing a top-tier property in terms of space within a desirable, established area.