Property Overview: 87 Laurentia Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-situated, single-storey home in the Kildare-Redonda neighbourhood, built in 1965. Its primary appeal lies in a combination of space, location, and value within its immediate area. The 1,014 sqft living area is very typical for the street and neighbourhood, offering a practical layout. A key standout feature is the land size—at 5,903 sqft, the lot is significantly larger than most on the street and in the wider area, providing ample outdoor space and potential. The home includes a renovated basement and a detached garage.
The property suits practical, value-conscious buyers looking for a solid entry point into a stable neighbourhood. It’s ideal for those who prioritize a generous yard over a large interior footprint, such as first-time homeowners, small families, or anyone with gardening or outdoor hobbies. Its assessed value is consistently around the average for its local context, suggesting it’s priced fairly within the community rather than being an outlier. The 2019 sale indicates a recent transaction, providing a relatively current market reference point.
Section 2: Frequently Asked Questions
1. How does this home compare to others in the area?
The home is very average in terms of living space and assessed value for Kildare-Redonda, meaning it’s a typical offering for the neighbourhood. Its main advantage is a larger-than-average lot size, ranking in the top 16% locally.
2. What is the likely price range based on recent history?
The home last sold in September 2019 for an estimated range of $255,000 to $285,000. Current value would be influenced by market conditions since that date and the condition of the renovations noted.
3. Who might this property not suit?
Buyers seeking a modern, open-concept layout or a home significantly larger than 1,000 sqft may find it limiting. The one-storey design with a basement may also not suit those preferring multiple above-ground bedrooms.
4. What does the "renovated basement" entail?
The listing confirms a renovated basement but does not specify the scope. A prospective buyer should inquire about the finish quality, permits, and the nature of the renovation (e.g., cosmetic updates versus structural or moisture management improvements).
5. How does the detached garage impact utility?
A detached garage offers flexibility for use as a workshop or separate storage space but means dealing with the elements when going between your car and house—a consideration for Winnipeg winters. The size and condition of the garage should be verified.