Property Overview: 38 Wordsworth Way, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Kirkfield presents a compelling blend of space, value, and potential. Its key strength lies in its generous 8,551 sqft lot, which places it in the top 13% for land size on its own street. This offers significant outdoor space for gardening, recreation, or future expansion, a notable advantage over many comparable properties. The 1,349 sqft living area is comfortably above average for the immediate neighborhood, and the home benefits from a renovated basement.

The appeal is rooted in its strong value proposition. The assessed value consistently ranks above average at every comparison level—street, neighborhood, and city-wide—indicating a property that has been well-maintained and is viewed favorably by assessors. Recent sold price data shows a clear and substantial upward trajectory in value over the past decade. While built in 1960, its condition and updates appear to offset the age, as evidenced by its strong assessment.

This property would suit practical buyers looking for a solid, no-fuss family home with room to breathe outdoors. It’s ideal for those who appreciate established neighborhoods and see value in a larger lot—a asset that can’t be replicated in newer subdivisions. It would also appeal to value-conscious investors or buyers who recognize the long-term stability and equity growth demonstrated by its price history.

Section 2: Frequently Asked Questions

1. What does the "above average" assessed value really mean?
It means the municipal property assessment for this home is higher than most similar homes nearby. This typically reflects factors like lot size, renovations, and overall condition, but it's also a key indicator used by lenders and can influence resale value.

2. The home was built in 1960. What should I consider?
While the age is typical for Kirkfield, the renovated basement is a positive update. A pre-purchase inspection would be wise to review the condition of major aging components, such as the roof, plumbing, and electrical systems, which may be due for updates despite the home's overall strong standing.

3. How significant is the large lot size?
Very. The lot is substantially larger than most in the area. This not only provides more private outdoor space but also represents a long-term asset. It could allow for additions like a larger deck, shed, or even a future extension, subject to zoning bylaws.

4. The sold price history shows big jumps. Is this accurate?
The ranges shown are based on public data and indicate a clear trend of significant appreciation, particularly between 2016 and 2023. This suggests the neighborhood has seen strong market growth and the property itself has likely been improved. For exact historical sale prices, you can request the details directly from the site.

5. Who are the most likely neighbors or what’s the community like?
Being on a street with many homes of similar vintage and value, you can expect a mix of long-term residents and newer families. The consistent above-average metrics for the property and street suggest a stable, well-kept block within the broader Kirkfield community.