Property Overview: 7 Compton Place, Winnipeg
Key Characteristics & Appeal
This 4-level split home at 7 Compton Place in Kirkfield is a property defined by generous space and a strong position within its market. Built in 1981, it offers a modern layout compared to many area homes. Its primary appeal lies in its substantial scale: with 2,280 sqft of living area, it ranks within the top 7% of homes in Kirkfield and the top 5% citywide for size. This is complemented by an exceptionally large lot of over 11,400 sqft, placing it in the top 3% of the neighborhood—a rare find that offers significant outdoor privacy and potential.
The home’s renovated basement and in-ground pool add functional and leisure value. Its assessed value is notably high for the area (top 2% in Kirkfield), which often reflects substantial updates or desirable attributes not fully captured in basic metrics.
This property would best suit buyers who prioritize interior space and a sprawling yard over features like an attached garage. It’s ideal for a family seeking room to grow, or for someone who values outdoor entertaining and gardening space. The data suggests it’s a standout, larger-than-average home in a neighborhood of already above-average homes, offering an upgrade within a established community.
Frequently Asked Questions
1. Why is the assessed value so high compared to nearby areas?
The home is assessed in the top 2% for Kirkfield, significantly above the neighborhood average. This typically indicates above-average renovations, finishes, or additions that have been formally recognized in the assessment, alongside its large living area and lot size.
2. Is the lack of a garage a significant drawback?
This depends on buyer priorities. The property trades a garage for a much larger lot and living space. For those who need vehicle storage, it would require a solution, but for buyers valuing expansive indoor and outdoor living areas, it may be a worthwhile compromise.
3. What does the "Elite" or "Top %" ranking actually mean?
These rankings compare this specific property against all similar homes on the same street, in Kirkfield, and across Winnipeg. For example, a "Top 3%" citywide rank for lot size means 97% of Winnipeg homes have a smaller land area, highlighting the rarity of that feature.
4. The home was last sold in 2016. What might have changed since then?
While the sold price from 2016 provides a historical benchmark, the current "Elite" assessed value suggests significant improvements may have been made in the intervening years. A current inspection would be essential to understand the condition and updates.
5. How does the in-ground pool affect property value and upkeep?
A pool is a desirable amenity for many, enhancing leisure appeal, especially on a large private lot. However, buyers should factor in ongoing maintenance costs, insurance implications, and seasonal opening/closing responsibilities. It can be a major perk for the right buyer.