Property Overview
51 Brighton Court is a well-positioned 3-level split home in Winnipeg's Kildare-Redonda neighbourhood. Built in 1965, it features 1,084 sqft of living space and sits on a 5,250 sqft lot, with a detached garage and a renovated basement. Its standout feature is its assessed value of $39,700k, which ranks in the top 3% on its street and top 1% within the neighbourhood, suggesting a strong valuation relative to immediate peers. Recent sale history indicates steady appreciation.
Key Characteristics & Appeal
This home’s primary appeal lies in its established, quiet court setting and its standout financial positioning within its local area. While its living space is modest and typical for the neighbourhood, it offers above-average space for Brighton Court itself. The renovated basement adds functional living area. The property’s elite assessment ranking on its street and in Kildare-Redonda is a less obvious but significant point, often indicating perceived value by the assessment authority, which can be attractive for equity and financing.
It would suit a first-time buyer or downsizer looking for a manageable, single-family home in a stable area without the premium price of newer subdivisions. It’s also a practical fit for an investor or buyer attracted to a property that appears to be a high-performer within its specific micro-market, based on its assessment metrics.
Frequently Asked Questions
1. What does the "elite" assessed value ranking mean?
It means the property’s official assessed value is higher than nearly all comparable homes on its street and in the wider neighbourhood. This can reflect updates, lot desirability, or market trends specific to that pocket.
2. Is the living space sufficient for a family?
At 1,084 sqft, the living area is slightly above average for the immediate area but modest by broader city standards. The 3-level split design and renovated basement can help maximize space, making it workable for a small or starter family.
3. How does the sale history inform the current value?
The home has sold three times since 2017, with each sale price range climbing significantly (from ~$27k in 2017 to ~$39k in 2021), demonstrating strong appreciation in recent years.
4. What are the implications of a detached garage?
A detached garage offers flexibility for use as a workshop or storage separate from the house but requires going outdoors in winter. It’s a common feature for homes of this era.
5. Why is the city-wide assessed value average so much higher?
The city-wide average includes all home types and sizes across Winnipeg. This property’s assessment is compared to its direct peers (similar size, age, type). Its "around average" city-wide ranking confirms it’s a mid-range property for Winnipeg overall, while its elite local ranking highlights its strength within its more relevant, immediate market.