Property Summary: 375 Redonda Street
Key Characteristics & Appeal
This 1975 bi-level home at 375 Redonda Street presents a practical and value-conscious opportunity in Winnipeg's Kildare-Redonda area. Its key characteristics include a modest 892 sqft of living space, a renovated basement, a detached garage, and a well-sized lot of just under 5,500 sqft. The home’s assessed value is notably above average for the immediate neighbourhood, suggesting it may be in better condition or have more desirable features than many nearby properties.
The appeal lies in its grounded positioning. It’s not the largest or newest home on the street, but it holds its own with a recently updated basement and a lot size that offers good outdoor potential. A thoughtful perspective is that its "above average" standing within Kildare-Redonda, despite a smaller footprint, indicates a efficient use of space and possibly a premium lot location within the area. It suits first-time buyers seeking an entry point with some modernized touches, downsizers looking for manageable space without sacrificing yard size, or value-focused investors interested in a neighbourhood where this property already benchmarks well against its peers.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 892 sqft, the living area is below the city-wide average but is quite typical for the Redonda Street area. The renovated basement effectively adds usable space, making the overall footprint more functional.
2. What does the "above average" assessed value for the neighbourhood mean?
This indicates that, according to municipal assessment, this property is valued higher than many in Kildare-Redonda. This often reflects factors like renovations, condition, or lot desirability compared to the neighbourhood baseline.
3. Is the 1975 build date a concern?
While not a new build, the year is around the median for the street. The key detail is the renovated basement, which shows updates have been made. A standard home inspection is recommended to review the core systems like roof, wiring, and plumbing for a home of this age.
4. What are the benefits of a detached garage?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or additional storage without impacting the main home's layout. It also provides potential for future projects like a studio or office space, subject to local bylaws.
5. How does the lot size impact the property?
The lot of 5,497 sqft is larger than many in the neighbourhood. This provides valuable outdoor space for gardening, recreation, or entertaining that can be harder to find in more centrally assessed properties, offering a balance of indoor efficiency and outdoor room.