Property Overview: 1124 Kildare Avenue E, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Canterbury Park offers a practical and comfortable living package. Its key features include a renovated basement, a private pool, and a detached garage. Built in 1988, the home is notably newer than many on its street and city-wide, suggesting modernized infrastructure. With 1,126 sqft of living space, it provides ample room for a small family or couple and sits on a standard city lot of approximately 4,465 sqft.
The appeal lies in its balance of private amenities and a solid, updated foundation within a mature neighbourhood. The pool is a standout feature for summer enjoyment without leaving home, while the renovated basement adds valuable flexible space. The home’s very strong assessed value ranking on its street indicates it is perceived as a premium property in its immediate area, which can be a positive signal for value retention. This property would suit first-time buyers or downsizers looking for a manageable single-level layout with recreational perks, or an investor seeking a stable property in a consistent neighbourhood.
A less obvious perspective is that while the home is newer than many, buyers should investigate if renovations are primarily cosmetic or if major systems (roof, HVAC) have also been updated. Additionally, the pool, while a bonus, represents an ongoing maintenance consideration and seasonal utility cost.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The property was last sold in September 2020 for $331,000. Its current assessed value is $415,000. This increase reflects market changes and the property’s standing, but the final market value is determined by current buyer demand.
2. Is the living space all on one level?
Yes, this is a one-storey (bungalow) style home. The renovated basement provides additional living area, but the primary bedrooms and living spaces are on the main floor.
3. What is the neighbourhood like?
Canterbury Park is a mature, established neighbourhood. The lot size and living area for this home are around the average for the area, indicating it fits the local character of the community.
4. What does the "Top 2%" assessed value ranking on the street mean?
This statistic means that among 444 comparable properties on Kildare Avenue E, this home’s assessed value is in the highest 2%. This typically suggests it is considered one of the more valuable properties on the street, possibly due to its condition, updates, or features like the pool.
5. Are there any concerns with a home built in 1988?
Homes from this era generally benefit from modern wiring and standards. However, key components like the roof, original windows, or the furnace may be nearing or past their typical lifespan and should be inspected. The renovated basement should be checked for proper permits and waterproofing.