Property Summary: 1250 Kildare Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 1250 Kildare Avenue E in Canterbury Park presents a specific and practical value proposition. Its key characteristic is a recently renovated basement, adding modern livability to the structure. The home sits on a modest, manageable lot that is smaller than most in the immediate area and city, which translates to less exterior maintenance. Built in 1988, it is notably newer than many neighbouring houses, suggesting potentially fewer concerns with aging core components.
The appeal lies in its affordability and efficiency. With a sale price and assessed value consistently below neighbourhood averages, it offers a clear entry point into homeownership. The renovated basement adds immediate functional space without the need for initial projects. This property would suit first-time buyers, investors looking for a rental property, or downsizers seeking a low-maintenance footprint. A less obvious perspective is its potential for buyers who prioritize newer construction year over sheer living space, and who view a smaller lot not as a limitation, but as a freedom from extensive yard work.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 680 sqft, the living area is significantly below averages for the street, neighbourhood, and city. This confirms the home is compact. The renovated basement, however, provides crucial additional space, making it essential to view the total usable square footage.
2. How does the lot size impact the property?
The land area is below average. This means a smaller yard, which is a drawback if you desire extensive outdoor space, but a benefit if you prefer minimal landscaping and upkeep.
3. What does the 1988 build year mean for me?
A 1988 build is newer than many comparable homes. This can be advantageous, potentially indicating updated wiring, plumbing, and insulation compared to much older stock, though a specific inspection is always needed.
4. Why is the assessed value lower than the neighbourhood average?
The assessed value is below the Canterbury Park average, reflecting the home’s smaller overall size and lot. This generally correlates with its market price, making property taxes relatively lower for the area.
5. Who would this property not suit?
It would likely not suit growing families needing multiple large bedrooms, individuals who work extensively from home and require dedicated office space, or buyers whose priority is a large private garden or outdoor entertaining area.