Property Overview: 19 Pine Valley Drive, Winnipeg

Key Characteristics & Appeal

This one-storey home in Kirkfield presents a compelling opportunity centered on space and value. Its primary appeal lies in its generous proportions, both in the 2,163 sqft living area and the expansive 10,596 sqft lot. These dimensions place it consistently in the top tiers for size within its immediate street, the broader Kirkfield neighborhood, and even citywide. The home is positioned as a "high-floor" property in its market segment, meaning it offers more square footage and land than most comparable properties.

The house, built in 1973, features an attached garage and a basement that is noted as being unrenovated. This presents a clear profile: a solid, spacious shell on a premium lot. Its assessed value ranks in the elite categories for Kirkfield, suggesting it is viewed as a substantial asset.

This property would best suit buyers who prioritize space and potential over move-in perfection. It’s an ideal canvas for a family or investor willing to undertake updates, with the basement offering clear potential for future expansion or income. The large lot is a significant asset for privacy, gardening, or future additions, making it appealing for those seeking a long-term family home in a well-established area. It’s a practical choice for a buyer who sees value in the underlying land and structure, and is prepared to tailor the interior to their own tastes over time.

Frequently Asked Questions

1. What does "above average" and "elite" ranking mean in the context of this listing?
These rankings compare this specific property against similar homes on its street, in Kirkfield, and across Winnipeg. For example, its land area is in the "Elite — Top 5%" for the neighborhood, meaning its lot size is larger than approximately 95% of comparable homes in Kirkfield. This quantifies its standout features in the local market.

2. The basement is noted as "not renovated." What should I expect?
This indicates the basement is in original or functional condition, not updated to modern finishes. It is a blank space with utility, offering significant potential for customization—whether for recreation, additional bedrooms, or a suite—but will require investment and planning from the buyer.

3. How does the sold price history from 2017 relate to the current assessed value?
The 2017 sale price (approx. $62.5k-$65.5k) is a historical data point and reflects the market conditions at that time. The current assessed value of $71.20k is the city's valuation for tax purposes, which considers various factors and market trends. It is a useful benchmark but not a direct indicator of current market price or listing price.

4. Who would this home not be suitable for?
It may not suit buyers seeking a turnkey, modernized home without any projects. The unrenovated basement and the age of the property imply that some updates or maintenance should be anticipated. It's also a one-storey layout, which may not appeal to those preferring multiple levels.

5. What is the practical benefit of such a large lot in this neighborhood?
Beyond privacy and outdoor space, a lot size in the top 5% for the area offers rare flexibility. It provides room for expansions like a sunroom or garage addition, potential for landscaping features like gardens or play areas, and typically contributes to stronger long-term value retention due to its scarcity.