Property Overview
This 1988 bi-level home at 1092 Kildare Avenue E in Canterbury Park presents a specific and practical value proposition. Its key appeal lies in its efficient, no-frills layout and a recently renovated basement, offering functional living space on a standard city lot. The detached garage adds practical storage or workshop potential. The home’s standout characteristic is its age; built in 1988, it is notably newer than most comparable homes on its street and across Winnipeg, suggesting potentially fewer immediate concerns with aging infrastructure.
The property would suit first-time buyers, downsizers, or investors seeking an affordable entry into the Winnipeg market with a home that requires minimal initial updating. It’s also a pragmatic fit for those who prioritize a newer building foundation and a renovated lower level over above-average square footage, as the living space is compact.
Frequently Asked Questions
1. How does the size of this home compare to others?
The living area is modest at 691 sqft, which is smaller than most homes on the street, in the neighbourhood, and citywide. This indicates a efficient, low-maintenance footprint rather than a spacious family layout.
2. The assessed value seems low. What does that mean?
The assessed value is for municipal tax purposes and is not market value. Its assessment is around average for the street but below average for Canterbury Park, which may reflect the home's smaller size. The 2022 sale price of $38,600 was well above the street average at that time, showing market demand for this type of property.
3. What are the less obvious advantages of a 1988 build?
Homes from the late 1980s often benefit from modernized electrical systems (like 100-amp service or better), more efficient insulation standards, and plumbing materials that avoid some issues found in much older homes, potentially reducing near-term upgrade costs.
4. Is the lot size a limitation?
The 3,720 sqft lot is below average for the area but is a standard city lot. It provides adequate outdoor space for gardening or recreation without the burden of extensive maintenance, which could be seen as a positive for those seeking a manageable yard.
5. Who might this property not suit?
Buyers needing multiple bedrooms, dedicated home office space, or ample room for a growing family will likely find the living area restrictive. It’s best for those comfortable with a compact, efficient layout.