Property Overview
This one-storey home at 160 Mcmeans Avenue E in Winnipeg's Kildare-Redonda neighbourhood presents a practical and value-oriented opportunity. Its key appeal lies in its efficient size and relative standing within its immediate area. With 1,001 sqft of living space and a renovated basement, the home offers functional space that ranks above average for its street. The detached garage and a land area of nearly 5,000 sqft provide useful outdoor and storage potential. Built in 1960, it is an older home on the street but aligns with the typical age for the wider city.
The property suits first-time buyers or practical investors looking for a solid entry point into the market. Its above-average assessed value for the street suggests it may be in better condition or have more desirable features than many direct neighbours, offering a sense of relative value. A thoughtful perspective is that while the home's size is below the citywide average, this can translate to lower utility costs and less maintenance, appealing to those seeking simplicity. Its strongest metrics are within its own community, indicating it’s a home that competes well locally rather than being a standout citywide.
Frequently Asked Questions
How does this home’s size compare to others nearby?
At 1,001 sqft, the living area is above the average for homes on Mcmeans Avenue E and is competitive within the Kildare-Redonda neighbourhood, though it is more compact than the typical Winnipeg home.
What does the assessed value tell me?
The assessed value of $31,700k is above average for the street and about average for the broader area and city. This often indicates the property is in line with or slightly exceeds local norms for valuation, which can be influenced by factors like condition, lot, and improvements.
Is the lot size a pro or a con?
The 4,895 sqft lot is around average for the street but below average for the Kildare-Redonda neighbourhood. It provides a decent yard space without the extensive upkeep of a larger lot, which can be a benefit for those wanting outdoor area without excessive maintenance.
The home was built in 1960. What should I consider?
While older than many on its street, its build year is typical for Winnipeg. A key consideration is the quality and scope of updates, particularly the mentioned basement renovation, as well as the age of major systems like roof, wiring, and plumbing.
Where can I find the exact historical sale price?
The listed sale price range is based on public data. To obtain the precise sale price from October 2020, you can request it via email from the site. They provide this detail manually and state they do not use email addresses for unsolicited marketing.