Property Overview: 765 Kildonan Drive
Key Characteristics & Appeal
This is a classic one-storey home built in 1953, offering a practical and grounded opportunity in Winnipeg. Its key appeal lies in its balance of a modest, renovated living space on a notably generous city lot. The home itself is 1,010 sqft, which is compact compared to many in the immediate area, but it features a renovated basement and a detached garage. The standout characteristic is the land: at 6,752 sqft, the lot size is above the city-wide average, offering significant outdoor space and potential that is less common in many urban neighbourhoods.
This property would best suit a first-time buyer, a downsizer, or an investor looking for a manageable home with a low-maintenance footprint and a focus on outdoor living or future expansion. Its assessed value positions it as an accessible entry point into the market. The appeal is not in grandeur, but in possibility—the home provides comfortable basics, while the large lot presents options for gardening, recreation, or long-term value addition. It’s a home for someone who values space around them as much as the space within.
Frequently Asked Questions
1. Is the house too small compared to others on the street?
The living area is indeed below the average for Kildonan Drive, making it one of the more modestly sized homes on the street. This is reflected in its pricing and assessment. For the right buyer, this translates to lower utility costs and less interior upkeep, with the trade-off being cozier living quarters.
2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Prospective buyers should inquire about the finish quality, permits, and whether it includes a separate entrance or additional bedrooms to understand its full utility and value.
3. How does the large lot size impact property taxes?
While the land area is above average city-wide, the assessed value—which directly influences property taxes—is around the city average. This suggests the lot may not be disproportionately increasing your tax burden, but it's always wise to verify with recent tax statements.
4. The home is over 70 years old. What should I be concerned about?
Built in 1953, major systems like plumbing, electrical, the roof, and the foundation should be a primary focus for a home inspection. The renovation to the basement is a positive, but understanding what work was done and the condition of the original structure is crucial.
5. Why is there a range for the last sold price?
The listed sold price is an estimate based on public data. To obtain the exact sale price from June 2023, you must request it directly from the site via email. This is a common practice to ensure accuracy and verify serious interest.