1056 Kildare Avenue E

Property Overview

This 1989 bi-level home at 1056 Kildare Avenue E in Canterbury Park presents a practical and affordable entry point into the Winnipeg market. Its key appeal lies in a recently renovated basement, adding valuable finished space to the 880 sqft main living area. The lot size of 3,720 sqft is modest for the street and neighbourhood, but offers manageable upkeep. Notably, the home is newer than most in its immediate area, which can be an advantage for systems and maintenance. It last sold in March 2022 for $38,100, with a current assessed value in line with similar homes on its street.

This property would suit first-time buyers or investors seeking a straightforward, lower-maintenance home with modernized touches below ground. Its below-average living space for Canterbury Park suggests it's best for smaller households or those who prioritize function and location over size. The lack of a garage is a consideration, but the renovated basement provides flexible space for storage, recreation, or a home office.

Frequently Asked Questions

1. What does "renovated basement" typically include in a home like this?
While specifics should be verified by a viewing and inspection, a renovated basement in this context usually means the lower level has been finished into livable space, potentially including drywall, flooring, and lighting. It transforms the area from a utility space into a functional room.

2. How does the lack of a garage affect daily living and property value?
It means relying on street parking, which is important to assess for availability during visits. While some buyers see a garage as essential, its absence is reflected in the accessible price point and may be a reasonable trade-off for the right buyer, especially with the basement offering alternative storage space.

3. The living area is noted as below average for the neighbourhood. How might that feel?
The 880 sqft main floor is compact. Efficient use of space is key. For some, this promotes a simpler, low-clutter lifestyle. For growing families, it may feel tight, making the renovated basement an important asset for adding breathing room.

4. The home is newer than many on the street. What are the potential benefits?
A 1989 build date suggests potentially newer major components (like roofing, wiring, or plumbing) compared to much older homes, which can mean fewer immediate major repairs and updated building standards. This is a less obvious but valuable form of value in an established area.

5. The assessed value is significantly lower than the city-wide average for comparable homes. Why?
This reflects the home's more modest size, lot, and features relative to the broader Winnipeg market. It indicates this is a competitively priced property within its specific market segment, not necessarily a direct comparison to larger, more feature-rich homes in other areas.