Property Overview: 376 Mcmeans Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Kildare-Redonda presents a practical and efficient living space. Its key characteristic is a well-proportioned 1,064 sqft of living area, which is notably above average for both the immediate street and the neighbourhood, offering more interior space than many comparable homes nearby. A recently renovated basement adds modern, functional living area. Built in 1969, the home is of a typical vintage for the area.
The primary appeal lies in its value proposition and efficient use of space. While the assessed value and land size are below average for the city, this translates to a potentially more accessible entry point into homeownership. The home suits first-time buyers or practical downsizers who prioritize interior square footage and updates (like the basement) over a large yard or a premium citywide assessment. It’s for those who see value in a home that stands out favourably within its immediate community context, even if it doesn’t top city-wide charts.
A less obvious perspective is the advantage of a smaller lot (3,000 sqft): it typically means less exterior maintenance, which can be a significant benefit for busy professionals or those looking to reduce upkeep time and costs.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area is a strong point. It ranks in the top 15% within the Kildare-Redonda neighbourhood, meaning it offers more interior space than about 85% of similar local homes.
2. Why is the assessed value relatively low?
The assessed value is below the average for Winnipeg. This is influenced by factors like the home’s age, the below-average land size, and market conditions in its specific area. It’s important to note that assessed value for taxes is not the same as market value.
3. What is the significance of the renovated basement?
A renovated basement immediately adds usable, finished living space without the need for a major project. This increases the home’s functional square footage and versatility, whether for family, guests, or a hobby space.
4. What are the implications of a smaller lot?
The 3,000 sqft lot requires less landscaping and yard maintenance, saving time and expense. The trade-off is limited private outdoor space, which may not suit those wanting extensive gardens or large outdoor entertaining areas.
5. Where can I find the exact historical sold price?
The provided sold price is a range based on public data. You can request the exact sold price history by emailing via the provided button on the listing page. The service is manual but straightforward, with a commitment to reply by the end of the same business day.