156 Thom Avenue E

Property Overview: 156 Thom Avenue E

Section 1: Key Characteristics & Appeal

This two-storey home in Kildare-Redonda is a practical and updated property built in 1966. Its primary appeal lies in its balance of a renovated basement and manageable size. With 1,064 sqft of living space, it offers a comfortable footprint that is notably above average for the immediate neighbourhood, making efficient use of its space. The inclusion of a detached garage adds functional value.

The home’s assessed value positions it as a more accessible entry point within Winnipeg, sitting below the city-wide average. This creates an opportunity for value-conscious buyers. The lot, while smaller than many in the area, translates to lower maintenance—a significant, often overlooked benefit for those seeking a home without extensive yard work.

This property would suit first-time buyers or downsizers looking for a move-in-ready home with modernized basics in a established neighbourhood. It’s also a sensible fit for an investor seeking a rental property with recent updates to key areas like the basement.

Section 2: Frequently Asked Questions

1. How does the property’s value compare to the area?
The home’s assessed value is below the average for both the Kildare-Redonda neighbourhood and Winnipeg overall, suggesting it may offer relative value. However, its living space is above average for the local area, which is a positive trade-off.

2. What does having a "renovated basement" typically mean?
While specifics would require a viewing, this generally indicates updated finishes and likely addressed foundational concerns like moisture control or insulation. It adds immediate livable or rental space without the need for a major project.

3. Is the smaller lot size a disadvantage?
It depends on your priorities. While it offers less private outdoor space, it significantly reduces seasonal maintenance like mowing and gardening. This can be a major benefit for those with busy lifestyles or who prefer low-upkeep living.

4. What is the significance of the detached garage?
A detached garage provides secure storage and parking, separate from the house. This can be preferable for workshop activities or storing items like lawn equipment, keeping them isolated from the main living area.

5. Where can I find the exact historical sale price?
The listing service provides an estimated sold price range from late 2021. To obtain the precise sale price, you must request it directly via the email link provided on the listing page, as this data is not displayed publicly due to local regulations.