Property Overview: 755 Kilkenny Drive, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fort Richmond presents a practical and value-oriented opportunity. Its key characteristic is a renovated basement, adding functional living space to the 1,568 sqft footprint. The home sits on a 6,263 sqft lot with an attached garage. Built in 1970, it is a mature property in a well-established neighbourhood.

The appeal lies in its strong positional value. While the living area is modest for its immediate street, it is above average for both the Fort Richmond area and Winnipeg overall. Its assessed value is notably high compared to area and city-wide averages, suggesting solid intrinsic worth for its size. The lot, while smaller than others on Kilkenny Drive, is still generous by city standards. This creates a unique dynamic: a home that feels competitively sized within a broader context, situated on a desirable street where properties typically sit on larger lots.

This property would suit a buyer looking for a move-in ready home with updated fundamentals (like the basement) in a mature neighbourhood, without paying a premium for the largest lot on the block. It’s also a sensible option for those who value a strong assessed value relative to the purchase price, as it indicates a well-regarded asset for its category. It may not suit buyers seeking a vast estate-like yard or the newest construction, but rather those who appreciate established communities and practical space.

Section 2: Frequently Asked Questions

1. Is the living space too small for the street?
While the home’s living area is below the high average for Kilkenny Drive itself, it is actually above average for both the wider Fort Richmond neighbourhood and the city of Winnipeg. This suggests you’re buying into a street of larger homes, but with a property that is still sizeable in the broader market.

2. What does the high assessed value relative to the area mean?
An assessed value in the top 6% for Fort Richmond indicates the municipal assessment views this property very favorably compared to its local peers. This often reflects factors like the renovated basement, overall condition, and desirable location, and can be a positive indicator of underlying value.

3. How does the lot size impact the property?
The lot is the smallest on Kilkenny Drive, which is a street of very large lots. However, at over 6,200 sqft, it remains larger than the typical Winnipeg lot. This means you get the location and street appeal, with a yard that is still functional but with less maintenance than the neighbours.

4. The home was built in 1970. What should I consider?
As a home from 1970, major systems (like roof, windows, furnace) may be at or beyond their typical lifespan if not already updated. A thorough inspection is crucial. On the positive side, the era often means mature landscaping and settled construction.

5. Why are past sold prices shown as a range?
The ranges are based on publicly available data. To obtain the exact historical sale prices for this property, you must request them directly from the listing source, as they verify and provide this detail manually to ensure accuracy.