Property Overview: 538 Woodlands Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kirkfield presents a practical and spacious offering. Its key appeal lies in a combination of generous proportions and a relatively modern build for the area. With 1,225 sqft of living space, it sits comfortably above the average for its immediate street and neighbourhood. The renovated basement adds functional living area. The property stands out most for its large, 8,553 sqft lot, which is well above average for Winnipeg, offering significant outdoor space and potential.
The home’s 1993 build date is a notable advantage, making it considerably newer than most homes on the street and in Kirkfield overall. This suggests potentially fewer immediate concerns with aging infrastructure compared to older properties. The detached garage and lack of a pool point to a low-maintenance, family-friendly layout.
This property would suit buyers looking for a solid, move-in-ready home with room to grow outdoors. It’s ideal for those who value space over flash, offering more square footage and land than many peers at a below-average assessed value for the city. It’s a pragmatic choice for first-time homeowners seeking stability or downsizers wanting single-level living without sacrificing yard space.
Section 2: Frequently Asked Questions
1. Is the below-average assessed value a concern?
Not necessarily. A lower assessment compared to city and neighbourhood averages can indicate a favourable property tax position. It often reflects the home’s specific characteristics and the area’s market, rather than condition.
2. How does the 1993 build date impact the home?
Being built in 1993 is a significant positive. It means major components like wiring, plumbing, and insulation likely meet modern standards, potentially reducing the risk and cost of major updates that are common in much older Winnipeg homes.
3. What is the neighbourhood like?
Kirkfield is a mature, established neighbourhood. The data shows homes on Woodlands Crescent have a wide range of ages and sizes, suggesting a diverse streetscape without a uniform, cookie-cutter feel.
4. What could the large lot be used for?
Beyond traditional gardening and play space, the above-average lot size offers long-term flexibility. It could accommodate additions like a large shed, workshop, or expanded deck, and may provide more privacy from neighbours.
5. Why is the living area above average but the value below average?
This disconnect can be attractive. It suggests you are getting more interior and land space for your money compared to citywide averages. The value may be influenced more by the home’s specific location within the city and its functional one-storey design rather than its sheer size.