Property Overview: 525 Daer Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Kirkfield presents a straightforward, value-oriented opportunity. Built in 1945, it offers 932 sqft of living space on a 5,737 sqft lot. The home has a basement, but it is not renovated, and the property does not include a garage or pool.
Its primary appeal lies in its position as an accessible entry point into the Winnipeg market. The assessed value is notably below averages for the street, neighborhood, and city, suggesting a lower property tax burden and a potentially attractive purchase price for the area. The lot size is close to the city-wide average, offering decent outdoor space relative to many urban properties.
This home would best suit a practical buyer—perhaps a first-time homeowner, an investor, or a downsizer—who is comfortable with a property that requires updates. It’s for someone who values location and lot size over move-in-ready finishes and sees potential in a home’s basic structure. A thoughtful perspective is that its "below-average" metrics across the board aren't just drawbacks; they represent a clear, unvarnished starting point with less premium baked into the price, allowing the next owner to add value according to their own needs and budget.
Section 2: Frequently Asked Questions
1. What does "below average" for assessed value actually mean?
It means the city's assessment of this property's value for tax purposes is lower than most similar homes on its street, in Kirkfield, and across Winnipeg. This typically results in lower annual property taxes.
2. Is the basement finished or usable?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate an unfinished space that may require significant work to become a comfortable living area.
3. How does the living space compare to typical homes?
At 932 sqft, the living area is smaller than the average home on Daer Boulevard, in Kirkfield, and city-wide. This indicates a compact layout.
4. Where does the sold price history come from?
The sold price ranges provided are based on public data. The listing service offers to provide the exact sold price via email upon request, as they verify this information manually.
5. What are the implications of having no garage?
Buyers will need to consider on-street parking or the cost and space required to add a driveway or parking structure. This is a common feature in older neighborhoods and affects both convenience and potential storage solutions.