347 Kildare Avenue E

Property Overview: 347 Kildare Avenue E, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on a standard-sized lot in Kildare-Redonda presents a straightforward, value-oriented opportunity. Its key characteristic is its renovated basement, adding functional living space to the 892 sqft main floor. The home is older, built in 1956, which is typical for the immediate street but below the average age for the wider neighborhood. It features a detached garage.

Its appeal lies in its position as a modest, established property in a mature community. The recent sale in late 2024 suggests it is move-in ready. The data indicates it offers a smaller living area footprint compared to city-wide averages, which can translate to lower utility costs and less maintenance. The assessed value is consistently around average for its area, positioning it as an affordable entry point into the Winnipeg market.

This property would suit first-time buyers or downsizers seeking a no-fuss, single-level layout with updated basics. It’s for a practical buyer who prioritizes a renovated basement for extra room or rental potential over a large, modern main floor. The lot size is manageable for those who want outdoor space without extensive yard work.

Section 2: Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 892 sqft (main floor), the living area is slightly below the average for both Kildare-Redonda and the specific street. However, the renovated basement provides additional finished space, which is a key compensating factor.

2. Is the assessed value a reliable indicator of the recent sale price?
The assessed value is approximately $30,300. The home sold in September 2024 for a reported range of $33,500-$36,500. This difference is common, as assessed values for taxation purposes often lag behind current market sale prices.

3. What does the "below average" year built mean for this house?
Built in 1956, it is older than most homes on its street and in the Kildare-Redonda area. Buyers should ensure inspections are thorough, focusing on the condition of major aging components like the roof, foundation, and plumbing, which may need attention sooner than in a newer home.

4. How does the lot size impact the property?
The lot of 4,594 sqft is around average for the street but below average for the neighborhood. This means a reasonably sized yard without being overly expansive, a balance for those who want outdoor space but prefer less landscaping upkeep.

5. Who would this property not be ideal for?
It may not suit buyers looking for a large, open-concept modern layout, as the main living area is compact. Families needing multiple bedrooms or dedicated main-floor spaces might find it limiting without utilizing the basement. Those seeking a premium, large lot in the neighborhood might also look elsewhere.