Property Summary: 6 Paulley Drive, Winnipeg
Key Characteristics & Appeal
This 916 sqft one-storey home, built in 1971, sits on a well-sized 5,098 sqft lot in the Kildare-Redonda neighbourhood. Its core appeal lies in its strong position within its immediate area. While the living space is typical for the street, the property stands out for its assessed value, which ranks in the top 4% on Paulley Drive, suggesting it is viewed as a premium property on its block. The home features a renovated basement and a detached garage.
The property would suit a first-time buyer or downsizer looking for a manageable, single-level layout in an established neighbourhood. Its above-average lot size for the street offers good outdoor space and potential. A thoughtful perspective is that this home represents a "big fish in a small pond" scenario—its metrics are strongest when compared to its direct neighbours, indicating a desirable spot on a specific street rather than a flashy city-wide standout. The recent sale in early 2025 suggests it's a turnkey property in current market condition.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value of $36.70k is for municipal tax purposes. The recent sold price (Feb 2025) was between $37.5k and $40.5k, which better reflects its current market value.
2. How does the living area compare to other homes?
At 916 sqft, it's slightly above average for Paulley Drive but below the city-wide average. This indicates a comfortable size for the immediate area, ideal for efficient living without being overly large.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. This would be a key point to clarify with the seller or listing agent regarding the finish, layout, and any permits.
4. Why is the assessed value rank so high on the street?
A top 4% rank for assessed value on its street suggests that municipal assessment views this property as one of the most valuable on Paulley Drive. This could be due to the renovated basement, lot size, general condition, or a combination of factors.
5. How stable is the neighbourhood?
The homes on Paulley Drive were largely built around the same period (early 1970s), indicating a stable, established streetscape with neighbours who have likely been there for some time.