Property Overview
38 Minikada Bay is a well-situated, one-storey home in Winnipeg's Kildare-Redonda neighbourhood. Built in 1964, it offers 955 sqft of living space with a renovated basement and sits on a 5,097 sqft lot with a detached garage. The home's assessed value is $31,500. Its appeal lies in its solid, no-fuss practicality. It represents a classic, manageable property that is consistently average or better within its immediate area and neighbourhood, suggesting stability and alignment with local expectations. It last sold in July 2020 for an estimated $22,500–$25,500.
This home would suit a first-time buyer, a downsizer, or an investor looking for a straightforward, low-maintenance property in an established community. It’s for someone who values a renovated basement for extra space and a decent-sized lot, without the premium or complexity of a larger, more modern home. A thoughtful perspective is that its "average" metrics within its local context can be a strength, indicating a lower risk of being over-improved or an outlier, which can be appealing for long-term, steady ownership.
Frequently Asked Questions
What does the ranking data actually mean for a buyer?
The rankings show how this property compares to others. For example, its living area is around the neighbourhood average (Top 56% in Kildare-Redonda), meaning it’s a typical size for the area, neither notably small nor large. This can help set realistic expectations for space and value.
Is the assessed value the same as the market price?
No. The assessed value ($31,500) is for municipal tax purposes. The market price is determined by what buyers are willing to pay. The last known sale was in 2020 for an estimated $22,500–$25,500, so current market conditions will determine the new price.
What are the pros and cons of a home built in 1964?
Pros include established neighbourhoods, mature landscaping, and often simpler, sturdy construction. Cons can include older building materials, wiring, or plumbing that may need updating, and floorplans that differ from modern open-concept designs.
How does the detached garage impact the property?
A detached garage provides secure parking and storage but means going outside to access your vehicle in Winnipeg winters. It also offers flexibility—it could potentially be used as a workshop or studio space separate from the house.
Can I find out the exact past sale price?
Yes, but not directly on the public listing. The site offers to provide the exact sold price history via email upon request, as the figures shown are estimated ranges from public data.