Property Overview: 21 Woodlands Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Kirkfield presents a practical and straightforward opportunity. Built in 1960, its 920 sqft living area is modest and below the local averages, suggesting a cozy, manageable layout. A key feature is the renovated basement, which adds valuable finished space. The property stands out for its land size—at over 6,000 sqft, the lot is notably larger than many in the immediate area and across Winnipeg, offering above-average outdoor space.

The appeal here is grounded in value and potential. The home’s assessed value is consistently around the median for its street and city, indicating a stable, unassuming investment rather than a premium-priced property. It suits first-time buyers seeking an entry point into the market without a massive footprint to maintain, or practical-minded individuals who prioritize a larger yard over a large house. The renovated basement adds immediate utility, making it viable for someone needing a home office, recreation room, or separate living area. It’s a home for those who see value in the land and the fundamentals, with the understanding that the living space itself is compact and typical of its era.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to the neighborhood?
At 920 sqft, the living area is below the average for both Woodlands Crescent and the wider Kirkfield area. This indicates a more compact home, which can mean lower utility costs and less maintenance, but may require efficient use of space.

2. What does the "above average" land area ranking mean?
The lot size of 6,049 sqft ranks in the top 30% locally. This is a significant feature, offering more private outdoor space, gardening potential, or room for additions like a shed or deck than many comparable properties.

3. Is the assessed value a reliable indicator of the selling price?
The assessed value ($30.50k) is a municipal figure for tax purposes and is not a market valuation. Historical sold price data (from 2016) is provided, but for an exact, recent sale price, you must request it directly via the provided email service.

4. What type of buyer would this home suit best?
It’s well-suited for a first-time homebuyer, a downsizer looking for a manageable single-level layout, or an investor seeking a rental property with a desirable lot size. The renovated basement adds functional space that appeals to all these groups.

5. How does the age of the home factor in?
Built in 1960, the home is of average age for its surroundings. Buyers should budget for expected maintenance and updates common to houses of this vintage, while also appreciating the character and established neighborhood that comes with it. The renovated basement is a positive update to the original structure.