Property Overview: 407 Keenleyside Street, Winnipeg
Key Characteristics & Appeal
This 1,111 sqft bungalow, built in 1970, presents a distinct profile. Its primary appeal lies in being a more modern home within its immediate context. It is the newest house on Keenleyside Street (top 2%) and is newer than most in the Munroe East area, suggesting potentially fewer major age-related updates compared to neighbouring 1960s-built homes. The living space is efficiently sized, ranking above average for both the street and the neighbourhood.
The property’s assessed value is notably below average for both the wider city and Munroe East, which may indicate a different valuation approach or property type compared to broader averages. The lot is compact at 3,148 sqft, which means lower maintenance but less private outdoor space than typical area lots.
This home would suit a practical buyer looking for a relatively modern bungalow in a mature neighbourhood without a large yard to maintain. It could appeal to first-time homeowners, downsizers, or investors attracted by the value proposition within the area. The recent sale history shows activity, suggesting a sought-after price point.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed values are for municipal tax purposes and are influenced by many factors, including property type, size, and specific location. This home’s assessment is around average for its own street but sits below the averages for larger, potentially different types of homes across the city and even the neighbourhood.
2. What does the "newer" build year mean for me?
A 1970 build date is newer than most homes on the block (averaging 1962). This can be an advantage, potentially meaning updates to building materials, electrical systems, or layout trends from that era. However, a 54-year-old home will still require a thorough inspection for condition and any needed updates.
3. The lot size is listed as "below average." How significant is this?
The lot is approximately 3,150 sqft, which is smaller than most in the area. This translates to less yard maintenance, which many buyers appreciate. The trade-off is limited space for expansions like large decks, additions, or extensive landscaping.
4. How should I interpret the recent sold price ranges?
The listed ranges (e.g., CA$250k–300k in 2023) are estimates based on public data. For the exact historical sale price, which is crucial for accurate market analysis, you must request it directly via the provided email service.
5. Is the living area a good size for the neighbourhood?
At 1,111 sqft, the home’s living area is above the average for both Keenleyside Street and the Munroe East neighbourhood. This indicates the interior space is competitive and efficiently used compared to nearby homes.