Property Overview: 161 Essar Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home at 161 Essar Avenue in Kildonan Drive presents a practical and straightforward opportunity. Its key characteristics include 1,072 sqft of living space, a renovated basement, a detached garage, and a 5,009 sqft lot. Built in 1979, it is notably newer than many homes in the immediate area, which can be an advantage for systems and maintenance.
The appeal lies in its position as a solid, average-sized home in a mature neighbourhood. The renovated basement adds functional living space, and the property holds its own in terms of assessed value relative to its peers. It stands out for buyers seeking a home that doesn’t require immediate major updates, thanks to its more recent build date compared to the neighbourhood average. This property would suit first-time buyers, downsizers looking for single-level living, or practical investors seeking a manageable rental property. It offers a balance of space and lot size without the premium price tag of a larger or newer home, fitting well for those with a focused budget.
Frequently Asked Questions
1. How does the property’s size compare to nearby homes?
At 1,072 sqft, the living area is slightly below the average for the broader Kildonan Drive area but is very close to the average for homes on Essar Avenue itself, making it a typical size for its specific street.
2. What is the significance of the 1979 build year?
While an average build year city-wide, this home is newer than most in the Kildonan Drive area, where many homes are significantly older. This suggests potentially fewer age-related issues than neighbouring properties.
3. What can the assessed value tell me?
The assessed value of $39.70k is consistently around the average when compared to the street, the area, and city-wide benchmarks. This indicates the property is valued in line with the market, not as a premium or a fixer-upper.
4. Is the lot size a pro or a con?
The lot is under 6,000 sqft, which is below average for Kildonan Drive but average for the city. It provides a manageable yard space without extensive maintenance demands, which could be a positive for some buyers.
5. Where can I find the exact historical sale price?
The listing indicates that exact sold price history is not publicly displayed but is available upon direct request via email from the listing service, which provides the data manually.