Property Overview
1108 Day Street is a one-storey home in Winnipeg's Kildare-Redonda neighbourhood, built in 1955. It features a renovated basement, a detached garage, and sits on a 4,095 sqft lot. With 892 sqft of living space and a recent assessed value of $31,200, it presents as a practical, no-frills home.
Key Characteristics & Appeal
This home’s primary appeal lies in its modesty and position as a straightforward entry point into the market. Its living space is typical for the immediate street and area, meaning it fits right in without standing out. The renovated basement adds functional space, a valuable upgrade in a home of this vintage. The detached garage offers practical storage or workshop potential.
Its standout characteristic is financial accessibility. The assessed value is consistently around the average for its street, area, and even city-wide, suggesting it’s priced appropriately without premium or distress signals. It last sold in early 2019 for an estimated $20.5k-$23.5k, indicating a history of being a lower-cost option. The lot size, while below the city average, is fairly standard for the local area.
This property would suit first-time buyers or pragmatic investors seeking a functional starter home or rental property without complex renovations. It’s for someone comfortable with a home that is average in its local context—not the newest, largest, or most valuable on the block, but a solid baseline offering. A thoughtful perspective is that its "averageness" across most metrics could be a strength, representing a stable, predictable asset in a niche of the market focused on utility over appreciation.
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 permitted use with the city.
2. How does the assessed value relate to the expected market price?
The assessed value ($31,200) is for municipal tax purposes. The market price is determined by buyers and sellers, but this low assessment strongly indicates a home in a lower price segment.
3. What does the "below average" city-wide ranking for living area mean?
At 892 sqft, the home is smaller than the Winnipeg average (~1,342 sqft). This confirms it's a compact home, which is typical for its era and neighbourhood, but important for buyers needing specific space.
4. Are there any known issues with a home built in 1955?
As with any home of this age, potential buyers should prioritize inspections for foundational integrity, roof condition, and updates to electrical, plumbing, and insulation systems.
5. Why is the sold price history given as a range, and how can I get the exact figure?
Exact sale prices are not always publicly available in Manitoba. The provided range is based on public data estimates. You can request the precise historical sold price by emailing the listing service, which manually retrieves and provides the data.