Property Overview: 8 President's Court, Winnipeg
Key Characteristics & Appeal
This single-storey home at 8 President's Court in the Kildare-Redonda neighbourhood presents a practical and updated living space. Its key features include a renovated basement and a detached garage. With 1,053 sqft of living area, the home offers a comfortable size that is above average for its immediate neighbourhood and on par with the wider city. The lot is a manageable 5,000 sqft, providing outdoor space without excessive maintenance.
The appeal lies in its solid, move-in-ready foundation with the major work of a basement renovation already completed. Its assessed value of $330k positions it as a mid-range option, offering value within a stable, established area. The home was built in 1963, making it one of the older homes on its specific street, which often suggests a well-built character in a mature setting.
This property would suit first-time buyers or downsizers looking for a manageable, updated home without the premium of a new build. It’s also a sensible choice for value-focused buyers who appreciate having renovation work already done, particularly in the basement, allowing them to allocate resources elsewhere. A less obvious perspective is that its "around average" metrics across the board signal a lower risk of overpaying relative to the local market, offering a balanced entry into homeownership.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,053 sqft, the living space is larger than most homes in the Kildare-Redonda neighbourhood but is close to the citywide average, offering a comfortable footprint for a smaller household.
2. What does the assessed value tell me?
The $330k assessment is around the average for the street, neighbourhood, and city. This consistency suggests the price is likely aligned with broader market values for similar properties.
3. Is the lot size a drawback?
The 5,000 sqft lot is smaller than others on President’s Court but is typical for the neighbourhood and city. It provides a decent yard while keeping exterior upkeep more manageable.
4. The home was built in 1963. Should I be concerned?
While older, it’s actually one of the newer homes on its particular street. This age typically means mature trees and established infrastructure, but a thorough inspection is always recommended to understand the condition of major systems.
5. Has the basement renovation added value?
A renovated basement increases the usable living area and functionality of the home, which is a significant advantage. It’s a key update that adds immediate appeal and practicality for buyers.