Property Overview: 560 Mcmeans Avenue E
Key Characteristics & Appeal
This one-storey home in Kildare-Redonda presents a compelling mix of modest living space and a generous, premium lot. With 932 sqft of living area, the house itself is functionally sized for the neighbourhood and city, but the true standout feature is the 5,999 sqft land parcel, which ranks in the top 4% of lots on its street. This significant outdoor space offers rare potential for expansion, gardening, or private recreation in an established area.
The home’s assessed value of $340k is notably strong for its immediate area, suggesting above-average condition, updates, or inherent value. A key point of appeal is the renovated basement, which adds practical living space. Built in 1970, the property is typical for its era but benefits from modern updates. It suits buyers who prioritize land size over sheer square footage—perfect for a first-time buyer or downsizer seeking a manageable home with a large yard, or an investor/owner who sees long-term value in the subdividable potential or expansion possibilities that such a lot affords. Its value proposition is grounded more in the asset (the land) and location than in a large or modernized interior.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is a major advantage. At nearly 6,000 sqft, it is significantly larger than most on the same street (top 4%) and in the wider Kildare-Redonda area (top 14%). This is a key differentiator for the property.
2. The assessed value seems high for a 932 sqft home. Why?
The $340k assessment is above average for the street and neighbourhood. This is likely due to the combined value of the premium lot size, the renovated basement, and overall property condition. It indicates the municipality views it as a higher-value asset within its peer group.
3. What is the neighbourhood like for a home from 1970?
Kildare-Redonda is an established, mature neighbourhood. A 1970 build date is typical here, placing this home right in the middle of the area's housing age range. You can expect well-settled streetscapes with a mix of original and updated homes.
4. Is the detached garage a standard feature?
Yes, a detached garage is common for homes of this era and style in Winnipeg. It provides useful storage or workshop space separate from the house.
5. Where can I find the exact historical sale price?
The provided sold price data is a range from public records. To obtain the precise sale price from the last transaction, you can request it directly via the email tool on the listing page. The service is manual but provided without marketing spam.