Property Overview
This one-storey home at 508 Daer Boulevard in Winnipeg's Kirkfield neighbourhood presents a specific value proposition. Its key appeal lies in a significant lot size that is well above average for the area, offering substantial outdoor space on a property of over 10,500 square feet. This is the home's standout feature. The living space itself is modest at 806 square feet, and the home, built in 1955, is typical for its street but older than many in the wider city. The assessed value is comparatively low, especially within the Kirkfield area, suggesting a potentially accessible entry point.
This property would suit a buyer who prioritizes land over living space—ideal for someone with gardening ambitions, a desire for privacy, or future expansion plans. It's a practical choice for a first-time buyer comfortable with a smaller, older home that has a large yard, or for an investor looking at the underlying land value. The trade-off is clear: you gain a notably large lot in exchange for a house that is smaller and older than area averages.
Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. It primarily reflects the home's smaller size and age relative to others in Kirkfield. It can indicate a more manageable property tax burden and a lower entry price, but a professional inspection is always advised to understand the home's condition.
2. What does "Elite" ranking for land area mean?
It means this property's lot size is in the top 5% compared to similar homes citywide and in Kirkfield. You are getting significantly more land than is typical, which is a permanent asset and the property's main advantage.
3. Who might this property not suit?
Buyers seeking immediate move-in condition, modern open-concept layouts, or ample indoor space without renovation plans may find it limiting. The smaller square footage is best for individuals, couples, or those comfortable with compact living.
4. How reliable are the sold price ranges shown?
They are estimates based on public data. For precise historical sale figures to inform your offer, you must request the exact data via the provided email service, as the listing states.
5. What's less obvious about the value here?
The value is in the land's potential. For the right buyer, the large lot could offset the cost of a future addition, making it a strategic purchase. Additionally, being "average" for its street in several metrics suggests it fits the local character without standing out as over-improved.