Property Overview: 60 Kelly Place, Winnipeg
Key Characteristics & Appeal
This 2017-built home in Ridgewood South offers a modern, move-in-ready foundation with a practical layout. Its primary appeal lies in its strong performance across key metrics compared to wider benchmarks. At 2,095 sqft, the living space is comfortably above average for both the neighborhood and the city, providing ample room without being oversized. The assessed value of $561k reflects its premium positioning, ranking well above the Winnipeg average.
The home suits buyers seeking a relatively newer property that minimizes immediate maintenance concerns common with older builds. Its citywide ranking in the top 5% for year built is a significant, though less obvious, advantage. While the lot size is typical for the street, the home’s value is driven more by its modern structure and efficient use of interior space. It would particularly appeal to professionals or growing families looking for a established, contemporary home in a suburban setting, who prioritize modern systems and finishes over a large yard.
Frequently Asked Questions
How does this home’s value compare to recent sales?
Based on available data, the home sold in August 2024 for an estimated $650k-$700k. This sale price placed it in the top 3% city-wide for that period, indicating strong market demand and a final price significantly above its assessed value.
Is the property tax assessment in line with the neighborhood?
The home’s assessed value is slightly above the street average but aligns closely with the broader Ridgewood South neighborhood average, suggesting the valuation is consistent with area norms.
How does the lot size compare?
The lot of 5,682 sqft is typical for Kelly Place but is smaller than the larger average lot size found elsewhere in Ridgewood South. This indicates the home is part of a newer, more densely built section of the neighborhood.
What is the historical price trend for this property?
It was previously purchased in 2017 for an estimated $450k-$500k. The 2024 sale price represents substantial appreciation over a seven-year period.
Are comparable newer homes available nearby?
Yes, the immediate area includes several homes built from 2017-2023, as noted in the comparable listings. This suggests the neighborhood has seen recent development, which can help support property values for modern homes like this one.