Property Overview
This bi-level home at 968 Kildare Avenue E in Canterbury Park presents a specific and practical value proposition. Its key characteristic is a renovated basement, adding functional living space to a home with a modest 680 sqft main living area. The lot size is smaller than most in the area, but the home itself is newer than many on its street, having been built in 1988. The detached garage offers additional storage or parking. Its appeal lies in being an affordable, low-maintenance entry point into the Winnipeg market, with the renovation work already started. This property would suit first-time buyers, investors looking for a rental property, or downsizers seeking a manageable footprint without a major project. A thoughtful perspective is that the smaller lot and home size translate to lower utility costs and less time spent on yard work, offering a lifestyle of efficiency. However, the living space is compact, making it best for individuals, couples, or small families.
Frequently Asked Questions
1. Is the living space only 680 square feet?
Yes, the above-ground living area is 680 sqft, which is notably compact. The renovated basement provides additional finished space, but the main floor living area is smaller than most area homes.
2. How does the lot size compare to the neighbourhood?
The land area of 3,721 sqft is below the average for both Kildare Avenue E and the wider Canterbury Park area, meaning the yard space is more limited than many neighbouring properties.
3. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. A viewing or inquiry with the seller is necessary to determine the full scope and quality of the renovation.
4. Why was the sale price significantly lower than the assessed value?
The home sold for $34,400 in October 2023, which is far below its $330,000 assessed value. This typically indicates a sale under unique circumstances, such as a non-arms-length transaction between family members, and does not reflect the expected market value for a standard sale.
5. Who might this property not suit?
It may not be ideal for buyers who need multiple bedrooms or large, dedicated spaces for a home office or entertaining, given the compact main living area. Those prioritizing a large private yard may also find the lot size limiting.