Property Overview & Key Characteristics
This two-storey home on Kildonan Drive is defined by its generous scale and established presence. Built in 1950, it sits on an exceptionally large, mature lot of over 15,000 sq ft, placing it in the top tier for property size within its street, neighbourhood, and the wider city. The living space of 2,122 sq ft is also well above average for the area. A key modern update is the renovated basement, adding functional living space. The home’s assessed value consistently ranks very high (top 4% in Winnipeg), indicating its perceived worth and stability in the market.
Its primary appeal lies in the rare combination of a sizable home on a truly expansive, private lot in an established neighbourhood. It suits buyers looking for space, privacy, and a solid long-term investment in a mature community. It would be ideal for a family seeking room to grow outdoors, or for someone who values the character and lot size of older neighbourhoods but wants the benefit of key modernized spaces like the basement. A less obvious perspective is that while the home itself is from the 1950s, its lot size is a legacy feature that is increasingly uncommon, offering future potential that newer subdivisions typically cannot match.
Frequently Asked Questions
1. How does the age of the home affect its value?
While the 1950 build date means some systems may be older, the home’s value is strongly bolstered by its large, renovated basement and, most significantly, its massive lot. The assessed value ranking in the top 4% city-wide suggests these physical attributes outweigh the age factor.
2. Is the property tax likely to be high?
Given that the assessed value is in the 96th percentile for Winnipeg, the property taxes will likely be correspondingly higher than for a typical city home. Prospective buyers should budget for this.
3. What does the "renovated basement" typically include?
The listing specifies it is renovated but does not detail the finishes or layout. This would be a key point to clarify during a viewing to understand the quality of the renovation and how the space can be used.
4. The lot is very large. What are the responsibilities or opportunities that come with that?
A lot of this size offers great potential for gardening, recreation, or additions, but also requires more maintenance. It’s worth considering the ongoing upkeep of lawns and mature trees, as well as any local bylaws regarding new structures or lot divisions.
5. How does this home compare to others on the same street?
The data shows this home ranks in the top quarter of Kildonan Drive for living area and assessed value, and in the top 16% for lot size. It is a larger, higher-value property compared to most of its immediate neighbours.