Property Overview
81 Woodlands Crescent is a one-storey home in Winnipeg's Kirkfield neighbourhood. Built in 1957, it features 855 sqft of living space, a detached garage, and a full, unrenovated basement on a 6,043 sqft lot. Its last recorded sale was in early 2020.
Key Characteristics & Appeal
This home presents a straightforward, grounded opportunity. Its primary appeal lies in its relative affordability and the solid lot size, which is above average city-wide. The house itself is modest in scale, ranking below average in living area for its street and neighbourhood, which suggests it's best suited for a first-time buyer, downsizer, or investor looking for a lower entry point into the market. The assessed value is unremarkable for the area, indicating it's fairly priced without immediate equity premiums.
A thoughtful perspective is that this property offers a blank canvas. The unrenovated basement and the home's smaller footprint provide a clear, cost-effective starting point for someone who wants to tailor spaces to their own needs over time, without paying for previous owners' upgrades they may not want. It suits a practical buyer who values land over lavish interior space and is comfortable with a home that reflects its 1957 origins, potentially requiring updates.
Frequently Asked Questions
1. Is this a good value compared to the neighbourhood?
The data suggests it's priced around the average for its own street but below the average for the broader Kirkfield area, indicating a competitively priced entry into the neighbourhood.
2. What should I know about the size?
At 855 sqft, the living space is notably compact. It ranks in the smaller third of homes on the street. Buyers should be comfortable with a cozy layout or have plans to utilize the basement.
3. How does the lot size compare?
The 6,043 sqft lot is a key feature. It's above the city-wide average, offering more outdoor space than many properties, which is a trade-off for the smaller house.
4. What does "basement not renovated" imply?
It means the basement is in original or functional condition, not updated. It presents potential for future living space, storage, or utilities, but will likely require investment to modernize.
5. Why is the assessed value different from the last sold price?
The assessed value ($30.6k) is for municipal tax purposes. The last sold price (2020) was a market transaction. The significant difference between them is normal and reflects the distinct methodologies; market value is determined by current buyer demand.