Property Overview: 1115 Kildare Avenue E, Canterbury Park, Winnipeg
Key Characteristics & Buyer Appeal
This one-storey home on a 3,958 sqft lot presents a practical and value-conscious opportunity in Canterbury Park. Its key characteristic is a sense of balance: the lot size is typical for the immediate street but offers more manageable upkeep than larger city averages, while the 1989 build date is notably newer than most homes on the block. The living space (971 sqft) is modest, aligning with the home’s efficient, single-level layout. A significant feature is the renovated basement, which adds valuable finished space and modern appeal. The detached garage provides flexible storage or workshop potential.
The appeal lies in its position as a solid, updated foundation. It suits first-time buyers seeking an affordable entry into homeownership without major immediate renovations, or downsizers looking for a manageable property with main-floor living and a modernized lower level for family visits or hobbies. A thoughtful perspective is that its newer construction relative to the street suggests potentially fewer age-related maintenance concerns than neighboring properties, while the below-average sale price for the area indicates room for equity growth in a stabilized neighbourhood.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes if considering rental potential.
2. How does the assessed value relate to the likely market price?
The home’s assessed value is $34.7k, but it last sold in 2021 for $29.1k. Assessed value is for tax purposes; market value is determined by current conditions. The historical sale price suggests the home may be positioned below typical area benchmarks.
3. What is the significance of the 1989 build year?
Built in 1989, this home is significantly newer than the average house on its street (avg. 1969). This can be an advantage, possibly meaning updates to building materials, electrical systems, or insulation standards compared to much older homes in the vicinity.
4. Is the living area sufficient for a small family?
At 971 sqft of main living area (plus the renovated basement), the home is compact. It would suit a small family comfortable with efficient space use, with the basement providing crucial extra room for recreation, office space, or storage.
5. What are the implications of the lot size rankings?
The lot is around average for the street but below average for both the wider neighbourhood and city. This means outdoor space is proportionate to the immediate area, offering a manageable yard without excessive maintenance, but not as large as some other suburban lots.