Property Overview
This 736 sqft one-storey home on a 4,095 sqft lot presents a straightforward, low-maintenance living option in Winnipeg's Kildare-Redonda neighborhood. Built in 1956, its key appeal lies in its recent basement renovation and a detached garage. The home's living space is notably compact, ranking below average for its area, which suggests a focus on efficiency over size. Conversely, its assessed value is firmly around the average for the street and city, indicating a stable, no-surprises valuation in line with the market.
Its primary suit is for first-time buyers, downsizers, or investors seeking an affordable entry point with recent updates to a core area. The renovated basement adds functional living space without the immediate need for major work. A thoughtful perspective is that the below-average living area, while a limitation for some, translates to lower utility costs and less upkeep—a practical advantage for those looking to minimize ongoing expenses. The lot size, while not large, is manageable and typical for the immediate street, offering outdoor space without being burdensome.
Frequently Asked Questions
1. How does the home's size compare to others in the area?
The living area of 736 sqft is below average for Kildare Avenue East, the Kildare-Redonda neighborhood, and Winnipeg overall. This indicates a more compact, efficient layout compared to many nearby homes.
2. What is the significance of the assessed value ranking?
The assessed value ranks around the 69th percentile on its street and citywide, meaning it is very typical and aligned with average property values in its peer group, suggesting a fair and standard municipal assessment.
3. Has the property value increased?
Based on available sold price ranges, the property sold for approximately $23.5k–$26.5k in 2020 and $16.5k–$19.5k in 2016. This indicates a trend of increasing value, though for exact historical prices, a direct request to the site is required.
4. What does the "below average" year built mean for a 1956 home?
On Kildare Avenue East, the average comparable home was built around 1969. A 1956 build date is older than that street average, so it may have older building materials or systems that could require attention, though the basement has been recently renovated.
5. Who would this property suit best?
It is well-suited for buyers prioritizing location and affordability over square footage, such as first-time homeowners, investors, or those looking to downsize into a single-level home with a manageable yard and updated elements.