136 Redonda Street

Property Overview

This two-storey home at 136 Redonda Street in Canterbury Park presents a practical opportunity in Winnipeg. Built in 2006, it is a notably newer construction compared to many homes on its street and across the city. With 1,292 square feet of living space, it offers more room than most immediate neighbours, while the lot size is consistent with the local area. The property features a basement, though it is not renovated, and does not include a garage or pool. Its most recent sale was in late 2019.

Key Characteristics & Appeal

The primary appeal of this home lies in its modern build year, offering buyers a relatively contemporary structure that may require fewer immediate updates than older stock. Its above-average living area for the street provides good interior space. The appeal is grounded in value and practicality rather than luxury features. It would suit a first-time homebuyer or a pragmatic investor looking for a newer, low-maintenance property in a stable neighbourhood. A thoughtful perspective is that while the assessed value is average city-wide, the sale price history suggests it may represent a value proposition within its specific micro-market of Redonda Street, where it stands out for its age and size.

Frequently Asked Questions

1. What does "basement, not renovated" typically mean?
It indicates the basement is unfinished or in its original builder state, lacking developed living spaces like a family room or bedroom. It provides storage and utility space but presents a future opportunity for customization.

2. How does the lack of a garage affect daily living and value?
On-street parking would be the norm. This can be a consideration for winter weather and may appeal more to buyers with fewer vehicles or those for whom a garage is not a priority, potentially reflecting in the property's price point.

3. The home sold in 2019; is the current assessed value close to that sale price?
No, the 2019 sale price was significantly below the current assessed value. This is not uncommon and highlights the difference between a past market transaction and the city's assessment for tax purposes, which uses a different valuation method and timeframe.

4. Is the property considered large for the area?
The land is average for the street but below average for the wider Canterbury Park neighbourhood and city. The living space, however, is larger than most on Redonda Street. This suggests a home that makes efficient use of a standard lot.

5. What is the significance of the "rankings" provided?
They contextualize the home's key metrics (like lot size, year built) against immediate neighbours, the local area, and all of Winnipeg. For example, ranking in the top 13% for year built on its street clearly shows it's one of the newest homes in that specific cluster.