Property Summary: 19 Park Circle, Kern Park, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1948, situated on a generously sized lot in Kern Park. Its key appeal lies in the contrast between its modest, renovated living space (1,043 sq ft) and its above-average land area (6,113 sq ft) for both the neighbourhood and the city. This presents a classic "value-in-the-land" scenario. The home features a renovated basement and a detached garage.

The property’s data reveals a nuanced position: while its living space and assessed value are significantly below the average for its own prestigious street (Park Circle), they are much more aligned with—or even advantageous within—the broader Kern Park area and city-wide comparisons. This suggests the home is an accessible entry point into a desirable location. It would suit a practical buyer—perhaps a first-time homeowner, downsizer, or investor—who prioritizes land size and location over a large interior footprint. The renovated basement adds functional space, making it suitable for someone needing a home office, rental potential, or flexible living areas without the upkeep of a larger house.

A less obvious perspective is the opportunity for outdoor living or future expansion. The lot size is a standout asset, offering room for gardens, recreation, or even an addition (subject to permits), which is rare for homes at this price point in the city. It’s a property that offers immediate livability with clear long-term potential tied to its land.

Frequently Asked Questions

1. Why is the assessed value so much lower than other homes on Park Circle?
The assessed value reflects this home’s smaller size and older age compared to typically larger, newer, or more extensively renovated homes on the same street. It is assessed more in line with average properties across the wider Kern Park area.

2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finishes, permits, and whether it includes a separate entrance or kitchenette, which would clarify its potential uses.

3. Is this a good option for a first-time buyer?
Potentially, yes. Its assessed value is below the city average, and it offers a manageable size in an established neighbourhood with a large yard. The key will be comparing the asking price to the assessed value and recent sold prices in Kern Park, not just on Park Circle.

4. How does the lot size compare to typical city lots?
The lot is 6,113 sq ft, which is above average for both Winnipeg and the Kern Park neighbourhood. This is one of the property's strongest features, providing more outdoor space than most.

5. Where can I find the exact historical sold price for this home?
The exact sold price is not publicly displayed in the data. According to the listing, you must request it via email from the service, which promises to provide the accurate figure manually without using your email for unsolicited marketing.