Property Overview
This one-storey home at 13 Cranbrook Bay in Winnipeg’s Kildare-Redonda neighbourhood presents a specific and appealing value proposition. Built in 1962, its primary strengths are its generous 6,812 sqft lot—which ranks in the top 5% of the local area—and a recently renovated basement. The living space of 1,033 sqft is above average for both the immediate street and neighbourhood. A notable feature is the private pool, an uncommon amenity for homes without a garage.
The appeal here is grounded in space and lifestyle rather than sheer size. The large, private yard and pool offer significant outdoor living potential, ideal for families, entertainers, or anyone seeking a personal retreat. The renovated basement adds functional living space. This property would suit a practical buyer who values outdoor space over a massive interior footprint, or a downsizer looking for single-level living without sacrificing yard size. It’s a home for those who see potential in land and lifestyle, and who are comfortable with the maintenance and character of a well-located 1960s build.
Frequently Asked Questions
What does the ranking data (Top 15%, Top 5%, etc.) actually mean for me?
It contextualizes the home’s key features against its peers. For example, the land being in the “Top 5%” for the neighbourhood means you’re getting a lot size that is exceptionally large for Kildare-Redonda, a significant advantage. The “Top 71%” citywide for living area simply means the house is smaller than the Winnipeg average, which is expected for a mature neighbourhood.
The assessed value seems low compared to city-wide averages. Why?
The assessed value figures shown (e.g., 33.60k) are not market prices; they are the City of Winnipeg’s property assessment for tax purposes, typically a fraction of the market value. The city-wide average comparison of “390k” is likely closer to actual market values, indicating this home’s assessment is proportionally in line.
Are there any concerns with a house from 1962?
While the basement renovation is a positive, a home of this age will have its original core systems (like plumbing and electrical) unless explicitly updated. A thorough inspection is essential. On a positive note, its build year is older than most on its street, which can sometimes indicate a more established, mature property.
How does not having a garage impact daily life and value?
This is a key trade-off. It means relying on driveway parking and having less storage or workshop space. However, for some buyers, the swap of a garage for a large yard and a pool is desirable. The value impact is relative to the neighbourhood; many older homes lack garages, so it may be less of a disadvantage here than in newer suburbs.
The last sold price range is from 2022. Is that relevant today?
It provides a historical anchor point, showing what a buyer paid just a few years ago. However, the market has likely shifted since then. This data point is most useful for understanding the property’s recent history rather than determining its current market value, which should be based on a professional appraisal and recent comparable sales.