Property Summary: 149 Essar Avenue
Section 1: Key Characteristics & Appeal
This bi-level home at 149 Essar Avenue presents a practical opportunity in Winnipeg's Kildonan Drive area. Its key appeal lies in a significant balance: while the 902 sqft living space is modest and below average for the area, it sits on a generously sized 7,514 sqft lot that ranks in the top 5% on its own street. This creates a clear value proposition centered on land potential. The home itself features a renovated basement and a detached garage. With an assessed value and year built (1973) that are both around average for its immediate surroundings, the property avoids extremes, suggesting a stable, entry-level investment.
The property would suit first-time buyers or practical downsizers who prioritize yard space over interior square footage. It's a home for someone who values the possibility of future expansion, gardening, or outdoor living, and is comfortable with a more compact interior layout. A less obvious perspective is that, within the broader Kildonan Drive area, this 1973 build is considered newer than 95% of comparable homes, potentially meaning fewer immediate concerns about aging core components compared to much older stock in the neighborhood.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 902 sqft, the living area is below the average for both the street and the city. This makes efficient use of space essential. The renovated basement is a key feature that adds functional living area.
2. What is the real advantage of the large lot?
The lot size is the property's standout feature. It offers ample room for additions like a deck or shed, gardening, play space, and provides a greater sense of privacy. It also represents a higher portion of the property's overall value, which can be attractive for long-term investment.
3. How does the 1973 build year affect the home?
While around average for the street, this build year is notably newer than most in the wider Kildonan Drive area. This can be an advantage, potentially indicating updates to major systems (like electrical or plumbing) over time, but a thorough inspection is still recommended.
4. What does the assessed value tell me?
The assessed value is consistently around the average for the street, area, and city. This suggests the property is priced in line with fundamental market valuations, not inflated or discounted based on atypical features.
5. Can I get the exact historical sale price?
The listed sale price is a range based on public data. The exact sale price from October 2021 is available by request via email from the listing service, which they provide manually without using your email for marketing.