Property Overview: 17 Woodlands Crescent, Winnipeg

Key Characteristics & Appeal

This 4-level split home in Kirkfield presents a practical opportunity in a mature neighbourhood. Built in 1946, its key characteristic is a well-sized 6,981 sqft lot, which ranks above average for both the street and city-wide, offering more outdoor space than many comparable properties. The 1,049 sqft living area is typical for the immediate area. A notable feature is the renovated basement, adding functional living space. The home last sold in mid-2022.

Its appeal lies in its grounded value proposition. It suits first-time buyers or downsizers looking for a manageable footprint with the benefit of a generous lot in an established area. The renovated basement adds immediate utility without the need for a major project. It’s a home for those who prioritize outdoor space and a quiet, settled street over a brand-new build. A thoughtful perspective is that while the house itself is older, its above-average lot size offers long-term value and potential that newer subdivisions often lack, appealing to buyers with an eye on future possibilities.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The current assessed value is $34,500. It’s important to note that assessed value is for municipal tax purposes and the market sale price is determined by current conditions, recent upgrades (like the basement renovation), and buyer demand. The last known sale was in June 2022.

2. What are the implications of the 4-level split design?
This design creates distinct living zones across multiple half-levels, which can offer good separation between living and sleeping areas. Buyers should consider that it involves more stairs than a bungalow or standard two-storey layout.

3. Is the lack of a garage a significant drawback?
The property has no garage. For some buyers, this is a trade-off for the larger lot. The lot size may allow for the future addition of a garage or shed, subject to local bylaws and permits, which could be a consideration for handy buyers or long-term planners.

4. The home is older—what should I be mindful of?
Built in 1946, potential buyers should ensure a thorough inspection of fundamental systems like plumbing, electrical, and the foundation. The renovated basement is a plus, but an inspection will verify the quality and compliance of that work.

5. How does this property rank compared to its neighbours?
The data shows a mixed profile: the lot size ranks highly on the street, the living area is average for the area, and the home is older than most on the block. This suggests you’re purchasing a property with a standout lot in a neighbourhood of somewhat newer and similarly sized homes.