Property Overview

This one-storey home at 171 Fraser's Grove in Winnipeg's Kildonan Drive area is a practical property defined by its context. Built in 1959, it sits on a decent-sized lot of over 5,600 sq ft. The house itself is modest in size at 1,036 sq ft, with an unrenovated basement and a detached garage. Its key distinction is its assessed value, which is notably lower than most homes on its own street and in the immediate area, though it aligns more closely with the city-wide average.

Section 1: Key Characteristics & Appeal

The primary appeal of this home is its position as a value-oriented entry point into a stable neighbourhood. It suits first-time buyers, downsizers, or investors seeking a lower-cost footprint with land in a well-established area. The lot size is a tangible asset, offering space for gardening, expansion, or future outdoor enjoyment that is less common in newer subdivisions.

Its appeal is grounded in practicality rather than luxury. The home is smaller and older than many on its street, and the basement presents a blank canvas for future finishing. This makes it ideal for buyers comfortable with a property that may require updates over time, or for those who prioritize mortgage affordability and land over move-in-ready perfection. A thoughtful perspective is that its lower assessment, while reflecting its modest condition, could also represent a relative tax advantage compared to neighbouring homes.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than other homes on the street?
The assessment reflects the home's specific characteristics, including its below-average living area for the street and the unrenovated condition of the basement. It indicates the property is a more modest offering compared to potentially larger or updated homes nearby.

2. What does "below average" for living area in the neighbourhood mean?
It means this home's interior square footage is less than that of many comparable homes in Kildonan Drive. Buyers should be prepared for cozy living spaces, but this also contributes to the home's accessible price point.

3. Is the 1959 build date a concern?
While the home is older, its build date is actually above average for its immediate street, meaning many nearby houses are of a similar vintage. A standard home inspection is essential to understand the condition of major aging components like the roof, plumbing, and wiring.

4. What are the possibilities for the unrenovated basement?
The basement offers potential for additional living space, storage, or a utility area. Any renovation would be a future project for the buyer, allowing for customization but also requiring additional investment.

5. How current is the sold price information shown?
The last recorded sale appears to be in late 2022. For the exact historical sold price, you must request it directly via the provided email service, as the public data is presented as a range.