Property Overview: 417 Keenleyside Street, Winnipeg
Key Characteristics & Appeal
This 1,111 sqft bungalow, built in 1970, presents a distinct profile defined by notable contrasts. Its primary appeal lies in offering above-average interior space for its immediate neighborhood and area, while carrying a significantly below-average assessed value. The home is newer than most on its street—ranking in the top 2% locally for year built—which may suggest updated systems or a longer runway before major component replacements. However, the lot size is more compact than typical for the street, area, and city.
This property would suit practical, value-conscious buyers. It’s a strong match for a first-time homeowner seeking more living space than the local average without the premium price tag, or an investor looking for a rental property with a potentially favorable assessment-to-rent ratio. The compact lot also means less yard maintenance, appealing to those seeking a simpler, more manageable property. A thoughtful perspective is that this home represents an efficient use of space; its value is concentrated in the dwelling itself rather than the land, which can be ideal for buyers who prioritize indoor living area over extensive outdoor space.
Frequently Asked Questions
1. Why is the assessed value so much lower than the averages shown?
The assessed value is a municipal valuation for tax purposes and is often significantly lower than current market value. The averages shown for comparison are also based on assessed values, not sale prices. The home’s last known sale was between $200k-$250k in 2017.
2. What does it mean that the home is "newer" than others on the street?
Built in 1970, this home is notably newer than the average home on Keenleyside Street (avg. year built 1962). This could imply that major components like plumbing, electrical, or the roof may have more recent updates or a longer remaining lifespan than older neighboring homes, though specific conditions should be verified.
3. Is the living space actually larger than nearby homes?
Yes. With 1,111 sqft, it offers more living area than approximately 82% of homes on its street and 83% of homes in the Munroe East area, where averages are around 1,023 sqft and 1,009 sqft respectively.
4. How can I find out the exact historical sale price?
The precise sale price is not publicly displayed. You can request it by email via the "Get exact sold price history" button on the property page. The service is manual, with a promised reply by the end of the same day, and your email will not be used for unsolicited marketing.
5. The lot seems smaller than others. How significant is this?
The 3,149 sqft lot is smaller than most comparable properties. This means less yard for gardening, play, or expansion, but also translates to less maintenance. It’s a trade-off that prioritizes the house itself over land, which may be preferable for those not wanting extensive outdoor upkeep.