Property Overview
This one-storey home at 110 Mcmeans Avenue E is a compact, no-frills property built in 1920. Its key characteristic is its modest scale: with 652 sqft of living space and an unrenovated basement, it is notably smaller than most homes on its street, in the Kildare-Redonda area, and across Winnipeg. It sits on a 2,998 sqft lot and includes a detached garage. The home last sold for an estimated $16.5k–$19.5k in late 2024, with a current assessed value of $21.2k, which is significantly below citywide averages.
Its appeal lies in pure affordability and potential. This is one of the most accessible price points in the Winnipeg market, suited for a very specific buyer. It would suit a hands-on investor looking for a straightforward rental property, a buyer seeking the absolute lowest entry point into homeownership with plans for a gradual DIY renovation, or someone interested in the land value with the existing structure being of secondary concern. A less obvious perspective is that its small size and low costs could appeal to someone pursuing minimalist living, where the financial freedom from a tiny mortgage outweighs the need for space.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects the property's smaller size, age, and condition relative to the broader market. It ranks in the bottom 10% citywide for value, aligning with its compact living area and unrenovated state.
2. What does "Top 99%" or "Top 90%" in the metrics mean?
These rankings indicate the property's position relative to comparable homes. For example, "Top 99%" for living area means it falls in the bottom 1% of homes—it is smaller than 99% of comparable properties. A higher "Top %" number generally means the property is below average for that specific metric.
3. Is this a tear-down property?
While the aged home and unrenovated basement suggest significant work is needed, the decision to renovate or rebuild depends on the buyer's goals, budget, and local zoning regulations. Its recent sale suggests it was purchased as a usable asset.
4. How can I find out the exact price it sold for in 2024?
The exact sold price is not publicly listed in this data. You can request it by email via the "Get exact sold price history" button on the full property page. The service aims to provide the figure manually without using your email for marketing.
5. What are the immediate next-door properties like?
The adjacent properties on Mcmeans Avenue E (112, 114, 118) are very close, within 34 meters. This indicates a tightly packed neighbourhood block, which is typical for older, central areas, and suggests you should consider privacy and lot lines in your plans.