Property Overview
This one-storey home at 1 Premier Place in Winnipeg's Kildare-Redonda neighbourhood presents a unique blend of space, location, and potential. Built in 1963, its key appeal lies in its substantial and private 6,507 sqft lot—a standout feature that ranks in the top 5% of the immediate street and top 7% of the wider area. The property includes a renovated basement, a pool, and a detached garage. While the living area is modest for the street, it is above average for the Kildare-Redonda area. The home’s assessed value is notably high for its local context, placing it in the elite top 5% for both the street and the neighbourhood, which suggests it is viewed as a premium property within its community.
The home would suit a buyer looking for a large, established lot in a mature neighbourhood, offering room for gardening, recreation, or future expansion. It’s ideal for someone who values outdoor privacy and space over a large interior footprint. The renovated basement and pool add ready-made leisure space, making it a fit for families or those who enjoy entertaining. A thoughtful perspective is that this property represents a solid "land value" proposition in a city where large lots are increasingly rare, appealing to a buyer whose long-term vision might involve the land itself as much as the existing structure.
Frequently Asked Questions
1. How does the home’s assessed value compare to recent sale prices?
The assessed value of $37,300k ranks in the top 5% for the neighbourhood. Historical sold price data for the home shows a range of $28.50k to $31.50k in July 2017, indicating that the current assessment is significantly higher. This discrepancy warrants checking with local authorities for the most current valuation rationale.
2. Is the living space considered small?
At 1,047 sqft, the living area is below the average for Premier Place itself but is actually above the average for the broader Kildare-Redonda area. This indicates the home offers a comfortable size for the neighbourhood, though it is one of the more compact homes on its specific street.
3. What does the "elite" ranking for the lot size mean?
The "elite" top 5% ranking for land area means this property’s lot is larger than 95% of the other lots on Premier Place. With over 6,500 sqft, it provides considerable outdoor space, which is a key and less common asset in mature neighbourhoods.
4. The home was built in 1963. What should I consider?
As a home from 1963, major systems like the roof, plumbing, and electrical may be original or have been updated over time. The presence of a renovated basement is a positive update. A thorough inspection is recommended to understand the condition and any potential maintenance needs common to homes of this era.
5. How can I find out the exact historical sale price?
The exact sold price history is not publicly displayed in detail. The listing service offers to provide the accurate figures via email upon request, stating they aim to reply by the end of the same day without using the contact for unsolicited marketing.