Property Overview: 507 Banting Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Kirkfield offers a practical and comfortable living space. Its key appeal lies in its above-average living area (1,401 sq ft) for both the immediate street and the neighbourhood, providing more interior room than many comparable homes. A recently renovated basement adds functional space and modern convenience. The property stands on a generous 7,515 sq ft lot, which is notably larger than the Winnipeg city average, offering excellent outdoor potential.
The home suits buyers looking for a solid, move-in-ready property with a classic layout and ample yard space. It’s particularly appealing to those who value room to grow, entertain, or garden, without needing to undertake major structural renovations. A thoughtful perspective is that while the lot size is smaller than others on Banting Drive, it remains a large parcel by broader neighbourhood and city standards, suggesting a balance between manageable upkeep and outdoor utility. The detached garage and the home’s ranking for assessed value on its street indicate it is perceived as a well-kept asset in its micro-area.
Section 2: Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,401 sq ft, the living area is in the top 5% on Banting Drive and above the average for both the Kirkfield neighbourhood and the city of Winnipeg, meaning it offers more interior space than most direct comparables.
2. What is the significance of the lot size?
The 7,515 sq ft lot is larger than the average Winnipeg lot. While it is one of the smaller lots on Banting Drive itself, it provides substantial outdoor space that is well above typical city and neighbourhood offerings.
3. What does the assessed value tell me?
The assessed value of $40.30k is above the average for Banting Drive, suggesting the property is valued more highly than its immediate neighbours, likely due to factors like its size, renovated basement, and overall condition.
4. Are there any concerns with the home’s age?
Built in 1968, the home is newer than most on its street and is around the average age for the Kirkfield area. Buyers should ensure standard inspections for a home of this vintage, but its relative "newness" for the street is a positive data point.
5. What was the last sale price?
Public data indicates the home sold in September 2021 for a price range between $38.50k and $41.50k. For the exact historical sale price, you can request the information directly via the provided email service.