Property Overview: 444 Bredin Drive, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1948, presents a practical and solid opportunity in Winnipeg's Kildonan Drive area. Its key appeal lies in its balance of space and value. With 1,427 sqft of living area, it offers functional space that is comfortably above the city-wide average. A significant feature is the renovated basement, which adds modern, usable square footage. The property stands out for its generous 7,368 sqft lot, which is notably larger than typical city lots, offering ample outdoor space for gardening, play, or expansion.
The home’s assessed value ranks well above average for its neighborhood and the city, suggesting it is viewed favorably within the municipal system relative to its peers. This, combined with its detached garage and substantial lot, positions it as a property with strong foundational value rather than just interior finishes. It would suit first-time buyers or young families looking for a home with room to grow in a mature neighborhood, as well as value-oriented buyers who appreciate the potential of a large yard and the added flexibility of a modernized basement.
Frequently Asked Questions
1. How does the home's size compare to others in the area?
The living space is slightly below the average for Bredin Drive itself but is actually larger than the average home in both the broader Kildonan Drive area and across Winnipeg. This indicates a well-sized home for the city, situated on a street with some larger properties.
2. What does the above-average assessed value indicate?
An assessed value that ranks in the top 9% for the neighborhood and top 19% city-wide typically reflects factors the city deems valuable, such as lot size, renovations, and overall property condition compared to others. It's a useful benchmark for municipal taxation and can indicate a property that is well-positioned in its market.
3. Is the 1948 build date a concern?
While older than the city-wide average, the home is typical for its established neighborhood. The key consideration is the condition of major aging components (like roof, wiring, plumbing) and the fact that the basement has been renovated, which likely addressed some modern updates.
4. How stable is the property's value based on its history?
Previous sold price data shows the home has appreciated over time, with its value consistently performing above the area and city-wide averages in its sales in 2016 and 2021. This suggests a history of solid value retention in its market context.
5. What is the main advantage of the lot size?
At over 7,300 sqft, the lot is a standout feature, offering significantly more outdoor space than the typical Winnipeg lot. This provides rare potential for privacy, landscaping, adding amenities like a shed or patio, and even future additions, subject to zoning.