Property Overview: 1356 Kildare Avenue E, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Canterbury Park is defined by its balance of a mature lot and recent updates. Built in 1988, it is notably newer than many homes on its street and across Winnipeg, suggesting potentially fewer concerns with aging core components. The property sits on a near 4,000 sqft lot, which is a comfortable size for the area and offers room for outdoor living or gardening. A key feature is the renovated basement, adding valuable finished living space to the home's 924 sqft main floor footprint.
The appeal here is practical and value-oriented. It suits first-time buyers seeking a manageable, updated home without a massive yard to maintain, or downsizers looking for single-level living with a recently modernized lower level. The detached garage adds utility and storage. From an investment perspective, the home’s assessed value ranks highly on its street, and its most recent sale price was well above average for the immediate area, indicating strong perceived value in this specific location. It’s a property for those who prioritize a solid, updated foundation in a mature neighbourhood over sheer square footage.
Section 2: Frequently Asked Questions
1. How does the lot size compare practically?
At 3,964 sqft, the lot is slightly below the neighbourhood average but very typical for the street. It provides ample private outdoor space without being overly burdensome to maintain.
2. What does "renovated basement" typically mean for a home of this age?
While specifics should be verified, in a 1988 home this often indicates updated finishes, electrical, and moisture management, transforming a previously basic cellar into comfortable living or recreational space.
3. The home sold very recently (July 2024). Why is it back on the market?
This is a critical question for your agent to investigate. While reasons can range from a simple change of plans to financing falling through, understanding the brief ownership period is essential.
4. Is the living area sufficient for a small family?
With 924 sqft on the main floor plus the renovated basement, the total functional space is quite flexible. It would suit a small family comfortably, though the single-storey main floor layout means bedrooms are on one level.
5. How is the assessed value so much lower than the recent sale price?
Municipal assessed value (for tax purposes) often lags behind market value and uses a different calculation method. The sale price is a clearer reflection of current market value, as demonstrated by the competitive purchase in mid-2024.