Property Overview
179 St Martin Boulevard is a compact, one-storey home in Winnipeg's Kildare-Redonda neighbourhood. Built in 1968, it features an 833 sqft living area, a renovated basement, and a detached garage on a roughly 5,200 sqft lot. The home's assessed value is notably strong for its immediate area, ranking in the top 11% on its street and in the neighbourhood. It last sold in July 2022.
Key Characteristics & Appeal
The primary appeal of this property lies in its value proposition and practicality. While the living space is modest and below average in size for the city, the home stands out for its above-average assessed value within its local context, suggesting it is well-regarded relative to its peers in Kildare-Redonda. The renovated basement adds functional living space, a key upgrade for a home of this era. The detached garage and average-sized lot offer typical suburban utility.
This home would best suit first-time buyers, downsizers, or pragmatic investors seeking an entry into the Winnipeg market with a manageable footprint. Its appeal is grounded in fundamentals rather than luxury: it’s a straightforward, updated property that performs well on key financial metrics for its specific area, making it a sensible, lower-maintenance option.
Frequently Asked Questions
1. Is the living area too small?
At 833 sqft, the home is compact. However, the renovated basement effectively expands the usable space, making it more practical for daily living than the main floor square footage alone might suggest.
2. Why is the assessed value high for the neighbourhood?
The assessment ranks in the top 11% for both the street and Kildare-Redonda. This typically reflects recent improvements (like the basement renovation), desirable lot characteristics, or strong maintenance relative to other homes of similar age and type in the immediate vicinity.
3. What does the sale history indicate?
The home sold in July 2022 for between $305,000 and $335,000. This recent turnover can indicate a well-maintained, marketable property, but prospective buyers should investigate current market conditions and any changes made since that sale.
4. Who might find the location appealing?
Kildare-Redonda offers a established, residential setting. Buyers seeking a quiet, neighbourhood feel without being far from city amenities may find it appealing. The close proximity of similar properties suggests a consistent streetscape.
5. Are there any obvious drawbacks?
The home lacks a pool and the living area is below the citywide average. As a one-storey home from the late 1960s, consider the age of major systems like roof, plumbing, and heating, even with a renovated basement.