Property Overview: 304 Mcmeans Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Kildare-Redonda offers a practical and efficient layout with 1,064 sqft of living space, which is notably above average for its immediate street and neighbourhood. A key feature is its renovated basement, adding valuable finished space. Built in 1967, the home sits on a 3,100 sqft lot.
Its primary appeal lies in its solid positioning within the local market. The living area is spacious for the area, suggesting good interior utility, while the assessed value is modest relative to the wider city, indicating a potentially accessible entry point. The renovated basement adds immediate move-in appeal without the need for a major project.
This property would suit first-time buyers or practical downsizers looking for a home that offers more interior space than many in the neighbourhood, without a premium lot size. It’s a home that prioritizes efficient living space over extensive outdoor land, making sense for those who value a updated, low-maintenance footprint in a established community.
Section 2: Frequently Asked Questions
1. How does the lot size impact this property?
At 3,100 sqft, the lot is smaller than many in Winnipeg and even in the broader Kildare-Redonda area. This translates to less yard maintenance, which can be a benefit, but offers limited space for expansions, large decks, or extensive gardening.
2. What does the "renovated basement" typically include?
While specifics should be verified by a viewing, a renovated basement in a home of this era often means finished living space, possibly including a rec room, additional bedroom, or laundry area. It’s a significant value-add, providing more usable square footage.
3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value ( $27,800 ) is for municipal tax purposes. Recent sold price data for this home shows a range between $24.5k-$27.5k in late 2022. Market conditions, the home’s condition, and the renovated basement will influence the final sale price.
4. How does this home compare to others on the street?
The data shows this home has a larger living area than most on Mcmeans Avenue E (top 12%), while its assessed value and lot size are around average for the street. This suggests you may get more house for your dollar compared to immediate neighbours.
5. What are the implications of the home's age (1967)?
Homes from this period are common in Winnipeg and are often structurally sound. However, prospective buyers should pay particular attention to the condition of major systems that may be near or past their typical lifespan, such as the roof, windows, plumbing, and electrical, even with a renovated basement.