Property Overview: 901 Kernaghan Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 901 Kernaghan Avenue in Mission Gardens presents a compelling blend of space, value, and established neighbourhood living. Built in 1990, its key strength lies in its generous 6,099 sqft lot, which ranks in the top 2% on its own street. This offers significant outdoor space and potential not found in many neighbouring properties. The 1,157 sqft living area is comfortably sized, aligning with the neighbourhood average, while the assessed value sits above average for the immediate area, suggesting a well-regarded property.
Its appeal is rooted in this above-average land size paired with a solid, modern-enough build. It suits buyers looking for a family-friendly home with room for gardens, play, or future additions, without venturing into older, potentially maintenance-heavy housing stock. The recent sale history indicates steady market appreciation. A thoughtful perspective is that this property offers a "best on the block" lot premium while the home itself represents a manageable, move-in-ready canvas—ideal for someone who prioritizes land value and future flexibility over a brand-new build.
Section 2: Frequently Asked Questions
1. How does the lot size compare to nearby homes?
The lot is a standout feature. At over 6,000 sqft, it is significantly larger than the average lot on Kernaghan Avenue (approx. 4,980 sqft) and in the wider Mission Gardens area.
2. What does the assessed value indicate?
The $42,800 assessed value is above the average for both the street and the Mission Gardens neighbourhood, which typically suggests the property is in good condition or has features that the municipal assessor views favorably compared to peers.
3. Has the property's value increased?
Based on available sold price ranges, the property appreciated from an estimated $300k-$350k range in 2017 to a $450k-$500k range in 2022. For the exact sold prices, you can request the history via email from the listing source.
4. Is the home considered older for the area?
No. Built in 1990, it is actually newer than the average home on its street, in Mission Gardens, and notably newer than the average home across Winnipeg.
5. Where can I see more context about the neighbourhood?
You can open the dedicated neighbourhood analysis page linked in the listing to view this property on a map alongside nearby homes, comparing details like year built, lot size, and assessed value.