Property Overview: 529 Woodlands Crescent, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Kirkfield neighbourhood, built in 1959. Its primary appeal lies in being a grounded, lower-value entry point into the housing market. With 750 sqft of living space, the home is notably smaller than most comparable properties in the area, city, and on its own street, positioning it for buyers seeking minimal square footage to maintain or heat. A key updated feature is its renovated basement, adding functional living space. The property sits on a just-under-6,000 sqft lot, which is fairly typical for the area and offers decent outdoor space relative to the home's size. A detached garage provides storage or parking.
Its assessed value is modest and sits around the average for Woodlands Crescent, but is below average for the wider Kirkfield area. This suggests the home is priced accessibly within its immediate locale. The most recent sale was in late 2020. This property would suit a first-time buyer, an investor, or someone looking to downsize into a manageable, single-level home with a renovated basement and without the premium price tag of a larger or newer build. Its value is in its fundamentals—a renovated element, a decent lot, and a location where its price point is unexceptional rather than inflated.
Frequently Asked Questions
1. Is this a "fixer-upper"?
The data indicates the basement has been renovated, which is a significant update. However, as a home from 1959, prospective buyers should budget for potential updates to other original systems (like plumbing, electrical, or the roof) and main-level finishes, which are not detailed in the provided metrics.
2. Why is the living area so much smaller than the area averages?
At 750 sqft, this home is significantly more compact than the typical Kirkfield home (avg. ~1,362 sqft). This reflects its older, one-storey design and is a key factor in its accessible pricing. It represents a trade-off: less interior space for a lower price point and potentially lower utility costs.
3. What does the assessed value tell me about the price?
The assessed value ($30,300) is a municipal valuation for tax purposes, not a market price. That it ranks around average on its own street but below average in Kirkfield suggests the home is in a modest-value pocket of the neighbourhood. The last known sale was between $24.5k-$27.5k in 2020.
4. Who would this property not suit?
It likely wouldn't suit a growing family needing multiple bedrooms or ample living space, or a buyer seeking a modern, turn-key home without any future project needs. The smaller square footage and older age are defining constraints.
5. How can I find out the exact past sale prices?
The exact sold prices are not publicly displayed in this data. As noted, you can request the accurate history by emailing the source of this page; they provide the figures manually without using your email for marketing.