Property Overview: 512 Banting Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Kirkfield presents a practical opportunity. Built in 1960, it features 1,041 sqft of living space and a renovated basement, adding valuable functional area. A key standout is its generous 7,839 sqft lot, which is notably larger than many city-wide and neighbourhood comparables, offering ample outdoor space. The home includes a detached garage.
Its appeal lies in its grounded, no-frills value. The lot size is a significant asset for gardening, recreation, or future expansion. With an assessed value that is consistently "around average" for its area, it represents a stable, mid-market entry point into the Winnipeg housing market. The renovated basement suggests some modern updates without the premium of a fully rebuilt home.
This property would suit first-time buyers or downsizers looking for a manageable single-level layout with a low-maintenance footprint. It’s also a fit for value-oriented buyers who prioritize land size over a large interior, seeing potential in the lot itself. The data indicates it's a typical home for its immediate street and neighbourhood, suggesting a stable, established community feel without extreme premiums or drawbacks.
Section 2: Frequently Asked Questions
1. How does the home's size compare to others?
At 1,041 sqft, the living area is slightly below the current average for both the Kirkfield neighbourhood and Winnipeg overall. However, the renovated basement provides additional finished space.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value is one data point for municipal taxation. Recent sold price history for this home shows it transacted in the $270k-$315k range in 2016. Market conditions, property condition, and buyer demand will determine the final sale price.
3. What does the lot size ranking mean?
The lot is 7,839 sqft. This places it above average compared to most homes in Winnipeg (top 12%) and in Kirkfield (top 22%), meaning you get more outdoor space than is typical.
4. What are the implications of the home's age?
Built in 1960, it is older than most on its specific street but typical for the wider area. Buyers should factor in the potential for age-related maintenance or updates, though the renovated basement shows some modernization.
5. Who are the typical neighbours?
The property is on a street of similar, modestly sized homes from the same era. The consistent "around average" rankings for value and size on Banting Drive suggest a uniform, established streetscape without dramatic outliers.