Property Overview: 467 Redonda Street
Key Characteristics & Appeal
This one-storey home at 467 Redonda Street in Winnipeg’s Kildare-Redonda area presents a compelling mix of space, value, and location. Its key appeal lies in its generous 6,124 sqft lot, which ranks in the top 9% on its street and top 12% in the neighbourhood, offering significant outdoor space that is increasingly rare. The 1,040 sqft living area is comfortably above average for both the street and local area. A notable feature is the renovated basement, adding functional living space.
The home’s strongest financial characteristic is its assessed value of $40.10k, which places it in the elite top 1-4% for both its immediate street and the broader Kildare-Redonda neighbourhood, suggesting it is a high-value property within its community context. Recent sale history indicates steady appreciation.
This property would suit a first-time buyer or downsizer looking for a manageable single-level layout with a low-maintenance footprint, but who still desires a sizable yard for gardening, pets, or private outdoor living. It’s also a solid option for a value-focused investor attracted by its strong assessed value position and the added appeal of a renovated basement.
Frequently Asked Questions
1. What does the "elite" assessed value ranking mean?
It means this home’s municipal assessed value is among the very highest (top 1-4%) compared to its immediate neighbours and the wider Kildare-Redonda area. This often correlates with desirable lot characteristics, location within the area, or property improvements, and can be a marker of underlying value.
2. Is the living space sufficient for a family?
At 1,040 sqft above grade plus a renovated basement, the home offers functional space. The single-storey layout may require thoughtful use of space for larger families, but the significant lot size provides valuable room for expansion or outdoor living.
3. How does the 1975 build year affect the home?
Built in 1975, the home is around average age for its street but newer than many in the city. Buyers should expect potential updates to major systems (roof, windows, HVAC) typical for a home of this era, balanced by the benefits of a mature neighbourhood and established lot.
4. What is the significance of such a large lot?
The lot is a standout feature. It offers privacy, space for additions like a deck or garden, and future potential. In a neighbourhood context, it’s a substantial asset that contributes significantly to the property’s value and appeal.
5. Why are sold prices shown as a range?
Exact sold prices are not always publicly available in Manitoba. The ranges provided are based on public data estimates. For precise historical sale figures, you can request the information directly via the provided email link.