Property Overview
This single-storey home at 1320 Kildare Avenue E in Canterbury Park is a property defined by its solid fundamentals and potential. Built in 1988, it is notably newer than many homes on its street and across Winnipeg, suggesting a more modern construction standard for its era. With 1,091 sqft of living space, it offers a comfortable footprint that is above average for its immediate area. The lot size of 4,464 sqft is practical and in line with neighbourhood norms, providing decent outdoor space. Key features include a detached garage and a basement that is present but not renovated, indicating a clear opportunity for customization. The assessed value positions it as an accessible entry point within the broader market.
Section 1: Key Characteristics & Appeal
The primary appeal of this home lies in its balance of a newer build date and a manageable scale. It suits a first-time buyer, an investor, or someone looking for a straightforward living space without the premium of a fully updated home. Its above-average living area for the street is a practical advantage. The unrenovated basement is a significant factor; it represents deferred maintenance for some, but for others, it’s a blank canvas to add value and tailor the space to specific needs without first needing to undo someone else’s renovations. The property’s history shows steady, modest appreciation, reflecting its stable position in a mature neighbourhood. It’s a home for a pragmatic buyer who sees utility in the structure and lot, and potential in the unfinished spaces, rather than someone seeking immediate move-in perfection.
Section 2: Frequently Asked Questions
1. What does “above average for year built” really mean for a 1988 home?
It means this house is significantly newer than most on its street (where comparable homes average a 1969 build date) and across the city. This can imply updates to building codes, materials, and potentially less concern for major age-related issues common in older cores.
2. Is the unrenovated basement a major drawback?
It depends on your goals. It requires investment to finish, but it also means no money was spent on low-quality or dated finishes you might need to replace. You can insulate, wire, and design it to your exact specifications from the start.
3. How does the assessed value compare to recent sale prices?
The current assessed value ($33.80k) is very close to its last sale price in 2021 ($32.50k), suggesting the assessment is aligned with recent market activity. The earlier 2019 sale was lower, showing a pattern of gradual increase.
4. Who would this property not suit?
It may not suit buyers who want a fully turn-key home with no projects, or those seeking a very large lot or extensive square footage. The living area is comfortable but below the neighbourhood and city averages for similar homes.
5. What is the context of the “below average” assessed value for Canterbury Park?
While below the neighbourhood average, this is likely because Canterbury Park contains a mix of much larger or more updated homes. This property offers an entry point into the area at a value-oriented price point, which can be a strategic advantage.