Property Overview
125 Paulley Drive is a compact, one-storey home in Winnipeg's Kildare-Redonda neighbourhood. Built in 1971, it features an 800 sqft living area and a renovated basement, sitting on a modest 2,698 sqft lot. The home has no garage or pool. Its assessed value is $27,600, and it last sold in March 2017 for an estimated $19,500–$22,500.
Key Characteristics & Appeal
This home’s primary appeal lies in its efficiency and relative affordability within its immediate area. While its living space is smaller than the city average, it is quite typical for Paulley Drive itself, ranking near the middle of the pack locally. The renovated basement adds functional space, a valuable upgrade in a home of this size. The lot is notably compact, even for the neighbourhood, which translates to minimal exterior maintenance—a potential draw for those seeking a low-maintenance yard.
Its strongest suit is being a newer build compared to many homes on its street and in Kildare-Redonda, potentially suggesting fewer immediate concerns related to the age of major components. It would suit first-time buyers, downsizers, or investors looking for an affordable entry point into the Winnipeg market. The buyer should be comfortable with a cozy interior layout and the trade-off of a smaller private outdoor space for the benefit of lower upkeep and a price point that sits below area and city averages for assessed value.
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 compliance with local regulations if considering rental income.
2. What does the "below average" land area ranking mean for me?
The lot is smaller than most in Winnipeg. This means less yard work and lower property tax implications, but also limited space for additions, large gardens, or extensive private outdoor recreation.
3. How can the assessed value be so much lower than the city-wide average?
The $27,600 assessment is for tax purposes and reflects a value typical for smaller, older homes in this area. It should not be confused with current market value. The city-wide average includes all property types and sizes, skewing much higher.
4. The home sold in 2017; is the price history reliable?
The provided sold price is a range based on public data. For the exact sale price to inform your offer, you must request it directly from the listing service, as noted on the detail page.
5. What are the implications of having no garage?
Parking will be limited to driveway or street. This is a common feature on Paulley Drive, but buyers should consider vehicle security, winter weather, and storage needs when evaluating the property.