Property Summary: 540 Kildare Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, well-maintained one-storey home built in 1958, featuring a renovated basement and a detached garage. Its primary appeal lies in its exceptionally large lot—at nearly 6,800 square feet, the property offers land space that ranks in the top 4% for its immediate street and top 6% for the broader Kildare-Redonda area. This presents a notable opportunity for gardening, outdoor living, or future expansion that is rare for the neighbourhood.
While the living space (903 sq ft) is modest and slightly below the city average, the home sits on a lot that is significantly larger than most comparable properties. Its assessed value is consistent with area norms, suggesting it is priced as a standard home but with the added value of substantial land. Recent sale activity on the same street indicates a stable, active block.
This property would best suit practical buyers who value outdoor space over square footage. It’s ideal for first-time homeowners or downsizers looking for a manageable single-level layout with the bonus of a large yard, or for a long-term buyer who sees the potential in the land itself. It’s a home for someone who prefers character and possibility in a settled neighbourhood over a brand-new, space-maximized build.
Section 2: Frequently Asked Questions
1. How does the lot size compare to a typical city lot?
The lot is approximately 6,793 sq ft, which is above average citywide. For context, the average comparable lot in Winnipeg is about 6,570 sq ft, and in this specific neighbourhood, it’s significantly larger than the area average of ~5,085 sq ft.
2. Is the living area smaller than most homes?
Yes. At 903 sq ft, the living area is below the Winnipeg average. However, within the Kildare-Redonda neighbourhood, it is much closer to the typical size, ranking around the 70th percentile.
3. What does the "renovated basement" include?
The provided details confirm the basement is renovated but do not specify the scope or finish. This would be a key point to clarify with the listing agent to understand if it’s a finished living space, a modernized utility area, or has legal suite potential.
4. The home was built in 1958. Should I be concerned about its age?
The age is typical for the street and area. While systems like plumbing, electrical, or the roof may require attention or updates due to age, its ranking shows it is not among the oldest homes in the wider neighbourhood or city. A thorough inspection is always recommended.
5. Why is there a range for the last sold price?
The exact sale price is not publicly disclosed in Manitoba’s historical data. The range provided is an estimate based on available public records. You can request the exact price from the site via email, as noted on the detail page.