Property Overview & Key Characteristics
14 Jack Kolt Place is a well-maintained cabover-style home built in 2003, offering a balance of modern convenience and established neighbourhood living. Its key appeal lies in its above-average size, both in the 2,016 sqft living area and the generous 8,020 sqft lot, providing more space than most homes in Winnipeg. The home features a renovated basement and an attached garage.
The property stands out in its immediate area for being newer than most, ranking in the top 11% on its street for year built. Its assessed value is notably strong, placing it in the top 1% of its broader neighbourhood, suggesting it is a higher-value home in the area. This combination suits buyers looking for a move-in ready property with ample indoor and outdoor space, without the premium of a brand-new build. It would particularly appeal to growing families seeking room to expand, or value-conscious buyers who recognize the advantage of a home that is both modern relative to its surroundings and sitting on a larger parcel of land.
Frequently Asked Questions
1. What does the assessed value ranking mean?
The home’s assessed value is in the top 1% for its neighbourhood and top 9% city-wide. This indicates it is officially valued higher than the vast majority of nearby properties, which often reflects its larger size, newer age, and renovated condition compared to area norms.
2. How does the "year built" ranking affect the home?
Built in 2003, this home is newer than 89% of houses on its street. This typically suggests fewer immediate concerns with aging major components (like roof or furnace) compared to many older area homes, potentially reducing near-term maintenance costs.
3. What is a "cabover" building type?
A cabover design typically features a second story that extends over part of the ground floor, often creating a distinctive street-front appearance. It’s a common and efficient architectural style that maximizes living space on the footprint.
4. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify with the municipality if they are interested in rental income potential, as renovations do not automatically confer legal suite status.
5. The lot is large, but how is the neighbourhood?
The property is in the Leila-Mcphillips Triangle. While the home ranks highly on specific metrics, buyers are encouraged to visit at different times to assess the area’s character, traffic, and amenities personally, as these subjective factors are not captured in data rankings.