Property Overview: 191 Cheriton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a quiet street in the Kildonan Drive area presents a solid, no-fuss opportunity. Built in 1958, its key strength is its above-average living space (1,200 sq ft) compared to other homes on Cheriton Avenue, offering more room than many in the immediate neighbourhood. The home features a renovated basement and a detached garage. The lot is a standard city size, providing decent outdoor space without excessive maintenance.
The appeal lies in its established location and practical layout. It’s a home that doesn’t stand out for luxury finishes, but for offering good interior space and a renovated basement in a mature, stable area. The recent sale in 2024 suggests it’s move-in ready. It would suit first-time buyers, downsizers looking for single-level living, or practical investors seeking a straightforward rental property. A less obvious perspective is that its "above average" stats for the street might indicate it’s one of the larger, more substantial homes in this specific pocket, offering relative value within a familiar community setting.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,200 sq ft, the living area is notably larger than the average for Cheriton Avenue (~1,115 sq ft), making it a spacier option on its own street, while being close to the average for the wider Kildonan Drive area.
2. What is the significance of the assessed value?
The assessed value of $37,400k is above average for the street but around the middle range for the larger area and city. It’s a baseline for municipal taxation, not a market price, but indicates the home is considered a reasonably substantial property for its locale.
3. Is the neighbourhood actively developing?
The provided data shows a newly built home down the street (228 Cheriton, built 2023), suggesting some infill development and potential for gradual renewal in this mature area.
4. What can the recent sale price range tell me?
The home sold for between $40.50k and $43.50k in April 2024. This range was well above the average sale price for the street and area at that time, indicating strong buyer interest and a premium paid for its condition and size relative to immediate comparables.
5. Who would need to request the exact sold price history, and why?
Serious buyers or analysts should request the exact price via email. This is because public records often show rounded ranges; knowing the precise figure is crucial for accurate valuation and understanding the exact market precedent set by the last sale.