Property Overview: 1095 Kildare Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Canterbury Park is defined by its practical layout and recent updates. The key feature is a renovated basement, adding valuable finished space to the 957 sqft main living area. It sits on a roughly 4,000 sqft lot, which is a manageable size for maintenance while still offering private outdoor space. A detached garage provides flexibility for parking, storage, or workshop use.
The appeal lies in its move-in readiness due to the basement renovation, and its position as a relatively newer build on its street—constructed in 1989, it is newer than many immediate neighbours. This suggests potentially fewer major upkeep demands in the near term compared to older homes in the area. It suits first-time buyers seeking an affordable entry into homeownership with immediate livable space, downsizers looking for a single-level layout without a sprawling yard, or practical investors interested in a property with recent improvements in a stable neighbourhood.
A less obvious perspective is its value proposition within its immediate locale. While its living space is modest compared to the broader Canterbury Park area, its assessed value ranks well above average for Kildare Avenue E itself. This indicates it may be perceived as a higher-quality asset on its specific street, which could be advantageous for long-term value.
Section 2: Frequently Asked Questions
1. How does the property’s size compare to the area?
The home’s living space (957 sqft) is close to the average for houses on Kildare Avenue E but is below the average for the wider Canterbury Park neighbourhood. The lot size is also slightly below the area average, resulting in a lower-maintenance yard.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finishes, the presence of proper permits, and whether it includes a bedroom, bathroom, or additional living space.
3. Why is there such a large difference between the 2021 and 2018 sale prices?
The sale price dropped significantly from $280k in 2018 to $32.5k in 2021. This is not a typical market fluctuation and strongly suggests the latter was not an arms-length market sale (e.g., a transfer between family members). The 2018 price is more indicative of its past market value.
4. Is the assessed value a reliable indicator of the listing price?
Not directly. The municipal assessed value for taxation ($35,300) is typically much lower than market value. Current listing or sale prices should be determined by a comparative market analysis of recently sold homes.
5. What are the implications of the home being newer than others on the street?
A 1989 build date is newer than many surrounding homes. This can be positive, potentially meaning updated construction materials, wiring, and plumbing. However, it’s still a 35-year-old home, so a thorough inspection of the roof, windows, and major systems is still essential.