Property Overview: 1412 Day Street, Winnipeg
Key Characteristics & Appeal
This one-storey home at 1412 Day Street is a compact, practical property in Winnipeg's Kildare-Redonda neighbourhood. With 833 sqft of living space, it is smaller than many area homes but sits on a notably generous lot of over 5,000 sqft for the street, offering valuable outdoor space. A key feature is its renovated basement, adding functional living area. The home is newer than many of its immediate neighbours, built in 1970, and includes a detached garage.
Its primary appeal lies in its efficiency and lot size. It represents a straightforward, lower-maintenance entry point into homeownership, where the value is more in the land and renovated basement than in extensive above-ground square footage. The recent sale history suggests a stable, modestly appreciating market.
This property would best suit first-time buyers, downsizers, or practical investors looking for a manageable footprint without sacrificing yard space. It’s for someone who values a renovated basement for extra living or rental potential more than a large main floor, and who sees the larger-than-average lot for the area as a canvas for gardens, storage, or future expansion.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 833 sqft, the living area is below the average for both the Kildare-Redonda area and Winnipeg city-wide. However, it is closer to the average for Day Street itself, indicating the character of the immediate block.
2. What is the significance of the lot size?
The land area of 5,197 sqft is above average for Day Street and typical for the wider neighbourhood. This is a standout feature, providing more private outdoor space than many comparable properties on the street.
3. What does the assessed value tell us?
The assessed value is around the average for the street, area, and city for similar homes. This suggests the property is priced consistently with the market, not as a premium or deeply discounted offering.
4. The home sold recently in 2024. What does that history indicate?
The 2024 sale price range shows a significant increase over the 2019 sale, indicating strong appreciation in that period. This recent activity provides a clear, current benchmark for the property’s market value.
5. Is the renovated basement a major factor?
Yes. In a home with modest main-floor square footage, a finished basement effectively doubles the usable living space. This adds significant functional value, whether for family use, hobbies, or potential rental income.