Property Overview: 1 President's Court, Winnipeg
Key Characteristics & Appeal
This single-storey home in Kildare-Redonda presents a practical and grounded opportunity. Built in 1963, it is one of the newer homes on its street, offering a slight advantage in potential upkeep compared to immediate neighbours. With 1,047 sqft of living space and a renovated basement, the home provides functional, multi-level living. A key asset is its generous 6,501 sqft lot, which is notably larger than most in the neighbourhood, offering valuable outdoor space and future potential.
Its appeal lies in its solid positioning within a well-established community. The property holds its own with an assessed value that is above average for Kildare-Redonda, suggesting it's a sound investment within the local market. The detached garage adds convenience. This home would best suit first-time buyers, downsizers, or practical investors looking for a manageable property with a classic layout, a good-sized yard, and the benefits of a recent basement renovation, all without the premium price tag of a brand-new build.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,047 sqft, the living area is very close to the average for President's Court itself. However, it is actually above the average home size for the wider Kildare-Redonda neighbourhood, making it a comfortably sized option in that context.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is a municipal valuation for tax purposes and is not a direct market appraisal. This home's assessed value is above the neighbourhood average, which is a positive sign of its relative worth in the area, but the final sale price will be determined by current market conditions.
3. What does the lot size mean for me?
The lot of 6,501 sqft is a significant feature. It places the property in the top 7% for land area in Kildare-Redonda, meaning you get more private outdoor space than most local homes, which is ideal for gardening, recreation, or future expansions like a deck or shed.
4. The home was last sold in 2016. What can that history tell me?
The previous sale price from nearly a decade ago provides historical context but does not reflect today's market value. It can, however, be a useful point of discussion with your real estate agent to understand how property values in the area have trended over time.
5. What are the implications of the home's age?
Built in 1963, the home benefits from mature landscaping and established community character. While the basement has been renovated, a prospective buyer should consider a thorough inspection to understand the condition of core systems like plumbing, electrical, and the roof, which are typical focal points for homes of this era.