Property Overview: 1061 Kildare Avenue E, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1976, situated on a modestly sized lot in Canterbury Park. Its key characteristic is its affordability, reflected in a below-average assessed value for the area. The home's living space of 826 sq ft is cozy, making it one of the smaller options on the street and in the neighbourhood. A notable feature is the renovated basement, which adds functional space.
The primary appeal lies in its position as an accessible entry point into the Winnipeg market. It suits first-time buyers, downsizers, or investors seeking a lower-cost property with renovation potential. The home’s smaller scale also translates to manageable maintenance and utility costs. A thoughtful perspective is that while the lot is smaller than area averages, it offers a balance—enough outdoor space for a garden or patio without the burden of extensive yard work. Its age places it in a sweet spot: older than many in Canterbury Park but potentially featuring more established landscaping and mature trees than newer subdivisions.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finishes, ceiling height, proper permits, and whether it includes a separate entrance or additional bedrooms.
2. Why is the assessed value significantly lower than area averages?
The assessed value is consistently below averages for the street, neighbourhood, and city. This typically reflects the home's smaller size, older age, and the modest scale of the property itself compared to larger, more updated homes nearby.
3. Is there potential to expand the living space?
Given the home's footprint and the presence of a renovated basement, vertical expansion (adding a second story) may be challenging. However, the existing basement renovation already adds usable space, and the lot size may allow for a rear extension, subject to local zoning bylaws.
4. How does the lack of a garage affect daily living and value?
The property has no garage, which is a consideration for vehicle storage, security, and additional workshop or storage space. This is a common trade-off for affordability in older neighbourhoods and may require budgeting for alternative parking or storage solutions.
5. The home sold for $19,500 in 2019. What does that indicate?
Such a low sale price five years ago often indicates the property was sold in need of significant renovation, likely as-is, or under unique circumstances. The current assessed value suggests substantial perceived improvement or market change since that transaction.