Property Overview: 1202 Kildare Avenue E, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This 1989 bi-level home in Canterbury Park presents a practical and affordable entry point into Winnipeg’s housing market. Its key characteristic is a renovated basement, adding valuable finished living space to the 858 sqft main floor. The lot size of 3,720 sqft is modest for the area but offers manageable outdoor maintenance.
The primary appeal lies in its value proposition. With a historically low sale price and assessed value significantly below city and neighbourhood averages, it represents a lower financial barrier to entry. The home suits first-time buyers seeking a functional starter home with recent updates, or investors looking for a rental property with a solid baseline condition. A less obvious perspective is that its newer construction date (1989) compared to many area homes suggests potentially fewer major age-related repairs in the near term, which is a practical advantage for budget-conscious owners.
Section 2: Frequently Asked Questions (FAQs)
1. Is the living space too small?
At 858 sqft above grade, the living area is below average for both the street and neighbourhood. However, the presence of a renovated basement effectively doubles the usable space, making the overall footprint more functional than the main floor square footage alone suggests.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects factors like the home’s smaller lot and living area relative to city-wide averages. This doesn’t necessarily indicate poor condition—especially with a renovated basement—but rather positions it as a more compact, affordable property within its market.
3. What does the "newer" 1989 build year mean for me?
Built in 1989, the home is newer than many in Winnipeg and on its street. This can be an advantage, potentially meaning updated building materials, electrical systems, and insulation standards compared to mid-century homes, possibly leading to lower immediate repair costs.
4. Is there a garage?
No, the property does not include a garage. Buyers should factor in street parking or the potential cost of adding a shed or carport for storage and vehicle protection.
5. How does the lot size impact the property?
The 3,720 sqft lot is smaller than typical for the area. This means less yard work and upkeep, which is a benefit for those seeking low-maintenance living. However, it also means limited space for large additions, extensive landscaping, or outdoor structures.