Property Overview: 1060 Kildare Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home in Canterbury Park presents a practical and value-conscious opportunity. Its key characteristics include a renovated basement, a detached garage, and a notably newer construction year (1988) compared to many homes on its street and across Winnipeg. The living space is compact at 839 sqft, which is below average for the area, suggesting a efficient, low-maintenance layout.
The appeal lies in its data-backed value proposition. The home sits on a standard city lot and, importantly, has a higher assessed value relative to its immediate street, indicating perceived sturdiness or improvements not reflected in older neighboring homes. It suits first-time buyers seeking an entry point into the market, downsizers looking to reduce space and upkeep without moving to a condo, or investors interested in a property with a strong assessed-to-sale-price ratio, as it last sold significantly below its current assessment. A less obvious perspective is that its newer build year may mean fewer immediate major system replacements (like roofing or windows) than older area homes, offering a period of predictable maintenance costs.
Section 2: Frequently Asked Questions
1. Is the house particularly small?
Yes. With 839 sqft of living area, it is smaller than approximately 90% of homes in the Canterbury Park neighbourhood. This signifies a efficient, likely easier-to-maintain interior, but may require creative use of space or utilize the renovated basement for additional living area.
2. How does the lot size compare?
The land area of 3,720 sqft is below average for the city but fairly typical for the local area. It provides standard outdoor space for a home in this community without the burden of a large yard.
3. What does the "newer" build year really mean?
Built in 1988, it is newer than 83% of homes on its street and 76% of homes citywide. This is a relative strength, potentially meaning construction methods and materials are more modern, which can be appealing compared to much older area housing stock.
4. Why is the assessed value higher than the last sale price?
The home is currently assessed at $33,900, which is above the street average and its 2019 sale price of $28,100. This gap could reflect market appreciation, significant renovations (like the basement), or municipal assessment adjustments, and is a key point for valuation discussion.
5. Who would this property not suit?
It may not suit buyers prioritizing ample above-ground living space or a large yard. Given its compact size, growing families needing multiple bedrooms or dedicated work-from-home spaces might find it limiting without utilizing the basement level.