Property Overview: 137 Newman Avenue E, Winnipeg
Key Characteristics & Appeal
This is a modest, well-situated one-storey home in the Kildare-Redonda neighbourhood. With 936 sqft of living space and a renovated basement, it offers functional living on a standard city lot. Its key appeal lies in its position as a solid, average-priced home within its immediate area, presenting an opportunity for entry-level homeownership or a practical investment.
The home suits first-time buyers seeking an affordable foothold in the market, or investors looking for a manageable rental property. Its renovated basement adds valuable flexible space, a significant plus for a home of this size. A thoughtful perspective is that, while its size is below the city average, it ranks above average for its year built (1959) on its own street, suggesting it may be among the more modern structures in that specific locale. This indicates a potentially better starting point for updates compared to older neighbours. The detached garage is another practical asset in this setting.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The assessed value is slightly below the average for both the Kildare-Redonda area and the city overall, but it is around average for Newman Avenue East itself. This suggests it is priced consistently within its specific street and represents a typical value for this pocket of the neighbourhood.
2. What is the significance of the sold price history?
The home sold previously in 2017 and again in 2021, showing a clear increase in value over that four-year period. This history provides a benchmark for market trends on this property.
3. Is the lot size a constraint?
At just under 4,000 sqft, the lot is below the city average but is typical for the street. It provides standard backyard space for a city home without extensive maintenance demands, which can be a benefit for those seeking a lower-upkeep property.
4. What does "renovated basement" typically mean here?
While specifics would require a viewing, in a home of this era and price point, this usually indicates the basement has been finished into livable space, such as a rec room or additional bedrooms, adding functional square footage beyond the main floor.
5. How can I get the exact historical sold prices?
The exact sold prices are not published publicly. You can request them directly via the email link provided on the listing page. The service commits to providing the accurate figures without using your email for unsolicited marketing.