Property Overview: 99 Woodlands Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Kirkfield is a classic, mid-century property built in 1956. With 1,124 sqft of living space and a recently renovated basement, it offers functional, no-frills living on a well-sized 6,041 sqft lot. A detached garage provides additional storage or workshop space. The home’s standout feature is its solid, middle-of-the-road positioning in the market. Its living area, land size, and assessed value all rank consistently around the average for its street, neighborhood, and the wider city, indicating a property that is neither over-improved nor under-sized for its area. This balance is its core appeal: it represents a straightforward, manageable entry into the Winnipeg housing market.
The property would suit first-time buyers or practical downsizers looking for a stable, low-drama home in an established neighborhood. Its appeal lies in its predictability and the value of a renovated basement, which adds flexible living space. A thoughtful perspective is that this home avoids the premium price of a newer build or a top-tier lot, while also steering clear of the potential issues and update costs of much older properties. It’s a sensible choice for someone prioritizing a fair, balanced investment over standout luxury or a fixer-upper project.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is very typical for its immediate street and is actually below the average for the broader Kirkfield neighborhood, suggesting it may offer relative value within the area.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify, as it could range from basic finishing to a fully legal secondary suite or updated living space.
3. Is the lot size a pro or con?
At over 6,000 sqft, the lot is above the citywide average, offering good outdoor space. However, it is slightly smaller than the average lot on Woodlands Crescent itself, so it’s not an outlier in either direction.
4. What is the likely condition given its age?
Built in 1956, major systems like the roof, plumbing, and electrical may be due for updates or have been partially updated over time. A thorough inspection is essential to understand the current state and any impending capital costs.
5. Why is the last sold price range from 2017 so much lower than the assessed value?
The sold price of $26.5k–$29.5k reflects a transaction from eight years ago. The current assessed value of $32.80k accounts for market changes and any improvements made since then, such as the basement renovation. For the exact historical sold price, you can request it directly from the site.