Property Overview
This well-situated one-storey home at 22 Laurentia Bay in Winnipeg's Kildare-Redonda neighbourhood presents a solid, above-average offering in its immediate area. Built in 1965, it features 1,102 sqft of living space, a renovated basement, and a detached garage on a standard 5,098 sqft lot. The data reveals its core strength: it is a high-caliber property within its specific local context. Its assessed value of $38.10k ranks in the elite top 3% for both its street and neighbourhood, indicating it is considered a premium property among its direct peers. The living space is also notably above average for the area. This suggests a home that has been maintained or upgraded to a standard that outshines many nearby comparables. Its appeal lies in this combination of a single-level layout, modernized basement space, and a position as a standout property on its block and in the community. It would suit a buyer looking for a move-in ready, low-maintenance home in a mature neighbourhood, who values being at the upper end of the local market rather than comparing themselves to the city-wide average.
Key Details & FAQs
What are the key characteristics?
It is a 1,102 sqft bungalow from 1965, featuring a renovated basement and a detached garage. It sits on a 5,098 sqft lot. The home’s assessed value and living area are significantly above average for its street and neighbourhood.
Where does its main appeal lie?
Its appeal is rooted in its strong local standing. The elite assessment ranking suggests superior condition, updates, or desirability compared to neighbours. The renovated basement adds functional living space, and the one-storey layout is ideal for easy living or future accessibility.
Who is this property best suited for?
It’s ideal for downsizers, first-time buyers seeking a premium home in a mature area, or investors looking for a well-regarded property in its micro-market. It suits those who prioritize neighbourhood value over seeking a larger lot or newer build city-wide.
How does it compare to the wider Winnipeg market?
On a city-wide scale, this home is average in terms of size, value, and lot for its era. This highlights that its premium status is very specific to Kildare-Redonda. Buyers should view it as a top-tier home for this area, not necessarily compared to newer suburbs.
What is the sold price history?
Public records show it last sold in November 2016 for an estimated range of $29.50k to $32.50k. The current assessed value of $38.10k reflects its increased market valuation since then. For the exact historical sold price, you can request it via email from the site.