Property Overview: 450 Bredin Drive, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1945, presents a practical opportunity in Winnipeg's Kildonan Drive area. With 1,320 sqft of living space, it is a comfortably sized home that sits around the city-wide average for interior space. Its key updated feature is a renovated basement, adding modern livable space. The lot is a notable consideration at 4,400 sqft; while it is smaller than most in the immediate neighbourhood, it is close to the city-wide average, potentially offering easier maintenance.
The appeal here is value-oriented and grounded. The home's assessed value consistently ranks above average for both the broader area and the city, suggesting it is viewed favorably relative to its peers. Recent sold price history indicates steady market interest. This property would suit first-time buyers or downsizers looking for a home with core updates in place (like the basement) and who prioritize a manageable yard. It’s a home for those who see a smaller lot on the street not as a drawback, but as a practical trade-off for less upkeep.
Frequently Asked Questions
1. How does the smaller lot size impact the property?
While the land area is the smallest on Bredin Drive, it is near the city-wide average. This typically means lower maintenance and potentially lower property taxes tied to land value, but offers less private outdoor space than some neighbours.
2. What does the "above average" assessed value indicate?
The assessment is above average for the Kildonan Drive area and city-wide. This generally reflects the municipality's view that the property has good value relative to many others, which can be a positive indicator, though market price is ultimately determined by buyers.
3. The home was built in 1945. What should I consider?
The age is typical for the street and area. While the basement has been renovated, a prospective buyer should factor in a thorough inspection of the core structure, roof, wiring, and plumbing common to homes of this era.
4. Is there a pattern in the recent sold prices?
The sold price ranges show appreciation between the 2017 and 2024 sales. The most recent sale placed the home in a higher percentile ranking compared to its peers, indicating growing market alignment.
5. There's no garage. What are the parking options?
The listing notes no garage. Buyers should verify on-site parking arrangements, such as a driveway or pad, and review any street parking regulations with the city.