Property Overview: 573 Mcmeans Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This single-storey home in Kildare-Redonda presents a practical and well-situated opportunity. Its key characteristics include a renovated basement, a detached garage, and a generous 4,997 sqft lot. With 916 sqft of living space, the home is comfortably sized for its neighbourhood, where it ranks around average for both living area and assessed value.
The appeal lies in its balance and established location. The home is not an outlier but a solid, representative property in its area, suggesting a stable investment without the premium often attached to newer or significantly larger homes. The renovated basement adds functional living space, while the large lot offers valuable outdoor potential. It suits first-time buyers seeking a manageable, move-in-ready home without the scale of a suburban property, or downsizers looking for a single-level layout in a mature community. A thoughtful perspective is that its "average" metrics within the immediate area can be a strength, indicating a lower risk of being over-improved or mispriced relative to its surroundings.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others in Winnipeg?
City-wide, this home's living area is below the Winnipeg average, making it a more compact and efficient option compared to newer suburban builds, which often exceed 1,300 sqft.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $310k is a municipal calculation for tax purposes. Notably, it ranks higher (Top 33%) on its own street than in the wider city, suggesting the property holds its value well in its immediate context. The recent sold price history from early 2025 provides a more current market benchmark.
3. What does the "above average" year built ranking in Kildare-Redonda mean?
Built in 1971, this home is newer than many in the broader Kildare-Redonda area. This can be an advantage, potentially meaning fewer major component replacements (like roofing or windows) are immediately due compared to older neighbourhood homes.
4. What are the benefits of a lot this size?
At nearly 5,000 sqft, the lot is larger than many on its street and in the neighbourhood. This provides ample space for gardening, recreation, parking, or future additions like a shed or deck, offering more privacy and flexibility than a standard lot.
5. Who should request the exact sold price history?
The exact sold price is available by request. This detail is particularly useful for serious buyers who are preparing an offer and need precise, recent comparable data to inform their bid, beyond the provided price range.