Property Overview: 534 Woodlands Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Kirkfield offers a practical and modern foundation. Built in 1993, it is notably newer than most homes on its street and in the wider area, suggesting updated infrastructure and potentially fewer major maintenance concerns compared to older inventory. The 1,225 sqft living space is efficiently sized, ranking above average for the immediate neighbourhood. A key feature is the renovated basement, adding valuable finished space. The property sits on a generous 7,022 sqft lot, providing ample outdoor room—a relative rarity that offers privacy and potential for gardening, play, or expansion.

Its primary appeal lies in this balance of a contemporary build year, move-in readiness with a renovated lower level, and a sizable yard, all at an assessed value that positions it below the area average. This combination creates a value-oriented opportunity. It would suit first-time buyers seeking a manageable, updated home without a huge footprint, or practical-minded downsizers looking for single-level living without sacrificing yard space. The below-average assessment for Kirkfield could also attract investors or buyers focused on long-term value in a well-established neighbourhood.

Section 2: Frequently Asked Questions

1. What does the "below average" assessed value actually indicate?
While the assessed value is below the average for Kirkfield and citywide, it's closer to the average for Woodlands Crescent itself. This suggests the property is priced in line with its immediate neighbours, but that the broader Kirkfield area includes many homes with higher valuations. It can indicate a value opportunity within the neighbourhood.

2. How significant is the 1993 build year?
Very. The data shows it's among the top 3% newest homes in Kirkfield, where most comparable homes were built in the 1960s. This typically means more modern electrical, plumbing, and insulation standards, which can translate to lower immediate repair costs and better energy efficiency.

3. Is the living space sufficient for a growing family?
At 1,225 sqft plus a renovated basement, the home offers functional space. The layout and number of bedrooms (not specified in the data) would be the deciding factor. The large lot is a significant compensatory benefit for family living, providing room for kids to play that many newer subdivisions lack.

4. What are the implications of a detached garage?
A detached garage offers flexibility—it can be used as a workshop or studio without concerns about noise or fumes entering the house. The trade-off is convenience, as you'll need to go outside to access your vehicle, which can be a consideration during Winnipeg winters.

5. Why is the exact sold price history not publicly listed?
The seller has chosen to provide sold price ranges only. You can request the exact historical sale price via email from the listing service; they provide this manually to ensure accuracy and to maintain direct contact with seriously interested parties, not for marketing spam.