Property Overview: 112 Brelade Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kildare-Redonda is a practical and well-situated property. Built in 1966, it features 958 sqft of living space and sits on a standard-sized lot just over 5,000 sqft. A key highlight is its renovated basement, adding functional space, and it includes a detached garage. The home’s assessed value is notably strong for its immediate street and neighbourhood, suggesting it is viewed favorably compared to its local peers.
Its appeal lies in its grounded, no-fuss practicality. It’s a home that offers the essentials—updated living space, a good lot, and necessary parking—without premium extras like a pool. It would suit first-time buyers seeking an entry point into a stable neighbourhood, or downsizers looking for a manageable single-level layout with a finished basement for family visits or hobbies. A less obvious perspective is its potential as a "value-holder" on its street; with an above-average assessment for the area, it may represent a relatively stable investment within its specific market segment.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 958 sqft, the living area is slightly below the average for the city but is very typical for both Brelade Street and the wider Kildare-Redonda neighbourhood.
2. What does the assessed value tell me?
The assessed value of $33.70k ranks above average for both the street and the neighbourhood. This indicates the property is assessed higher than many comparable homes close by, which can reflect updates, lot desirability, or overall condition.
3. Has the property value increased?
Based on available sold price ranges, the property likely appreciated between its 2016 sale (estimated $25.5k-$28.5k) and its 2022 sale (estimated $36.5k-$39.5k).
4. What is the neighbourhood like for similar homes?
The data shows Kildare-Redonda has many homes of similar vintage and size, indicating a mature, established area with consistent property types. The home’s metrics are very aligned with neighbourhood averages.
5. What are the less obvious considerations?
While the basement is renovated, the main floor remains original to the 1966 build, so future updates may be a consideration. Additionally, the detached garage offers flexibility but means accessing your vehicle in winter requires going outside.