Property Overview: 157 Slater Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1958, presents a practical and straightforward opportunity in Winnipeg's Kildonan Drive area. Its key characteristic is balance: with 1,038 sqft of living space and a renovated basement on a 5,703 sqft lot, it offers functional space without excessive upkeep. The detached garage adds utility.
The appeal lies in its position as a competitively priced entry point. The home's assessed value is consistently around the middle range for its neighborhood and the wider city, suggesting it aligns with area norms rather than standing out as premium or distressed. A thoughtful perspective is that while the living space is modest for the immediate street, it is closer to the city-wide average, potentially offering a more efficient layout than larger, older homes. The renovated basement is a significant functional upgrade, adding liveable space.
This property would suit first-time buyers seeking a manageable footprint, downsizers looking for a single-level layout with a finished basement for family visits or hobbies, or value-focused investors interested in a stable, average-priced rental in a well-established area.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
At 1,038 sqft, the living area is below the average for homes on Slater Avenue itself but is much closer to the average for the entire city of Winnipeg. This indicates a efficient, potentially easier-to-maintain home in a neighborhood where some houses are larger.
2. What does the assessed value tell me about the property?
The assessed value of $35,800 is consistently around the middle (50th-53rd percentile) for both the Kildonan Drive area and Winnipeg city-wide. This suggests the property is priced very typically for the market, not as a bargain fixer-upper nor a premium renovated home.
3. The home was built in 1958. What should I consider?
While 68 years old, the year built is actually newer than many homes in the broader Kildonan Drive area. Buyers should still prioritize a thorough inspection for aging components like plumbing, electrical, and the foundation, but the home isn't among the oldest in the district.
4. Is the lot size a pro or a con?
The 5,703 sqft lot is slightly smaller than some neighbors but is near the city-wide average. It provides decent outdoor space for gardening or recreation without the burden of extensive landscaping maintenance, which can be a positive for buyers seeking a lower-upkeep yard.
5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. The exact sale price from October 2017 is available by request via email from the listing source, which provides it manually without using your email for marketing spam.