Property Overview
This 1961-built, one-storey home at 27 Camrose Bay in Winnipeg's Kildare-Redonda neighbourhood presents a straightforward opportunity. With 955 sqft of living space and a renovated basement, its interior size is typical for the immediate area but below the city-wide average. The home's standout feature is its generous 7,802 sqft lot, which ranks in the top 3% of the neighbourhood, offering significant outdoor space. The assessed value is consistently around average across all comparison levels.
Its appeal lies in a balanced, no-surprises package: it's a solidly average home in its local context with one exceptional asset—the large yard. This suits first-time buyers or downsizers looking for a manageable, single-level layout in an established area, where the value is more in the land than in a large or modern house. It’s a practical choice for someone who prioritizes outdoor potential over expansive interior square footage.
Frequently Asked Questions
1. Is the large lot a common feature in this area?
No, it's quite rare. The property's lot size is in the elite top 3% for the Kildare-Redonda neighbourhood, making it a significant differentiator compared to nearby homes.
2. How does the home's size compare to others in Winnipeg?
The living area is below the Winnipeg average. While it fits right in on its street and in the neighbourhood, city-wide comparisons show most homes are larger, indicating this is a more modestly sized property.
3. What does the assessed value tell me about the price?
The assessed value is around the average for the street, neighbourhood, and city. This suggests the property is not unusually high or low-priced for its core characteristics, providing a stable benchmark.
4. The home was built in 1961. What should I consider?
While the basement has been renovated, the overall structure is 65 years old. Prospective buyers should budget for potential updates to major aging components like the roof, windows, or plumbing, which are common for homes of this era.
5. You mention a "renovated basement." What does that include?
The listing confirms a renovated basement but does not specify the scope. It's important to inquire about the quality of the renovation, whether it includes a proper permit, and what exactly was updated (e.g., moisture proofing, flooring, ceiling height, legal egress).