Property Overview: 66 Minikada Bay, Winnipeg
Key Characteristics & Buyer Profile
This 800 sqft, one-storey home on a 5,097 sqft lot presents a practical and value-conscious opportunity in the Kildare-Redonda area. Its key appeal lies in its balance of a renovated basement, a manageable size, and a competitive assessed value of $310k, which sits around the average for the immediate area, street, and city. The home is notably the newest build on its street (constructed in 1967), a less obvious advantage that suggests potentially fewer age-related issues compared to its direct neighbors.
The property’s living space is compact, ranking below average for the area, making it best suited for first-time homebuyers, downsizers, or investors seeking a straightforward, lower-maintenance footprint. The absence of a garage and pool further underscores its no-frills, utilitarian character. Its true strength is its position as a financially accessible entry point into the Winnipeg market, offering a renovated space on a decent-sized lot without a premium price tag. It’s a home for those who prioritize location and lot potential over square footage, and who see value in a structure that is relatively newer than others on the block.
Frequently Asked Questions
1. Is the living area too small?
At 800 sqft, the living space is below the average for the neighborhood. This makes the home efficient and easier to maintain, but may require creative use of space or reliance on the renovated basement for additional living or storage areas.
2. How does the assessed value compare to recent sales?
The home is assessed at $310k. Public data indicates it last sold in June 2021 for between $265k and $295k. The current assessment suggests market growth since that sale, but prospective buyers should consider a current market evaluation.
3. What does "newest on the street" actually mean for a 1967 home?
While all homes on the street are from the mid-1960s, this one was built in 1967, making it a few years newer than the street average of 1964. This minor age advantage can sometimes correlate with updated construction practices or materials for that era, though a full inspection is always recommended.
4. What are the implications of having no garage?
Buyers should plan for street parking or the potential cost of adding a shed or carport. The generous lot size (over 5,000 sqft) does provide space for such additions, subject to local bylaws.
5. Where can I find the exact historical sale price?
The provider of this data offers to supply the exact sold price history upon request via email, as the figures shown are publicly sourced ranges. They commit to providing the accurate figure without using the contact for unsolicited marketing.