Property Overview
This one-storey home on Greene Avenue in Winnipeg’s Kildonan Drive area presents a practical and value-oriented opportunity. Its key appeal lies in a combination of a generous, above-average lot size for the street and a recently renovated basement, offering flexible living space. With a living area just over 1,000 sqft and a detached garage, it suits buyers looking for a manageable, single-level layout. The 1949 build date is typical for the neighbourhood, suggesting a home with established character.
The property’s standout feature is its land. At over 5,300 sqft, the lot is significantly larger than most on Greene Avenue, offering valuable outdoor space and potential. The assessed value ranks well above average for the immediate street, indicating solid perceived value in its micro-location. This home would likely suit first-time buyers, downsizers seeking a manageable property without sacrificing yard space, or value-focused investors attracted by the renovated basement and the lot’s inherent value. It’s a home that offers more room to grow outdoors than many of its direct neighbours.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is above average for Greene Avenue itself but below the average for the broader Kildonan Drive area. This suggests it may offer good value within its immediate, well-established street.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the details. A buyer should inquire about the scope of work, the quality of finishes, and whether it includes a separate entrance or legal suite potential.
3. Is the lot size a major advantage?
Yes. The lot is in the top 13% for size on Greene Avenue, which is a significant asset. It provides more private outdoor space than neighbouring properties and could be a key factor for future enjoyment or resale.
4. What are the implications of a 1949 build date?
While the home’s age is typical for the street, a buyer should prioritize a thorough inspection. This can identify the condition of major aging components like the roof, plumbing, electrical, and foundation, which are crucial for budgeting.
5. Why is the exact sold price from 2023 not publicly listed?
To access precise historical sale data, you must request it directly from the site via email. This is a common practice to verify serious interest and to provide manually confirmed data, not estimates.