Property Overview: 38 Laurentia Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Kildare-Redonda offers a practical and comfortable living space. Its key characteristic is its above-average living area (1,106 sq ft) for both the immediate street and the neighbourhood, providing more interior room than many comparable homes. The home benefits from a renovated basement, adding valuable finished space. Built in 1965, it is typical for the area and sits on a standard city lot.
The appeal lies in its position as a solid, move-in ready property within an established community. It represents a straightforward opportunity without the premium price often attached to newer or significantly larger homes. The recent sale in 2023 suggests a modernized transaction history. This property would suit first-time homebuyers, downsizers seeking single-level living, or practical investors looking for a stable rental property in a mature neighbourhood. A thoughtful perspective is that its "average" assessments in many categories for the city indicate a manageable cost base, potentially offering value without the volatility of a top-tier or outlier property.
Section 2: Frequently Asked Questions
1. How does the living space compare to nearby homes?
The living area is a standout feature. At 1,106 sq ft, it ranks in the top 10% on its own street and the top 9% within the Kildare-Redonda neighbourhood for size, meaning it offers more interior space than most direct comparables.
2. What is the significance of the assessed value?
The home’s assessed value of $31,700 is around the city-wide average for similar properties. On its own street, it ranks below the average, which may indicate a lower municipal tax burden relative to some neighbours while still reflecting the home’s market segment.
3. Is there a garage or pool?
No, the property does not include a garage or a swimming pool. This is typical for many homes of this era and style in Winnipeg and contributes to the lower-maintenance profile of the home.
4. What can the 2023 sale price range tell me?
The listed sale price range from April 2023 ($29,500 - $32,500) provides a recent benchmark. For the exact sale price, you can request it via email from the listing source, as this data is manually verified.
5. How does the lot size affect the property?
The land area of 5,097 sq ft is standard for the city and neighbourhood. It is slightly below the average for Laurentia Bay itself, but still provides a typical urban yard space for gardening or outdoor relaxation.