Property Overview: 10 Cranbrook Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-situated, single-storey home in the Kildare-Redonda neighbourhood, built in 1961. With 955 sqft of living space and a renovated basement, it offers a practical layout for everyday living. Its standout feature is the land: at 5,500 sqft, the lot size is notably above average for both its immediate street and the wider neighbourhood, offering more outdoor space than many comparable properties.
The home’s appeal lies in its established location and balanced metrics. It doesn’t rank at the extreme top or bottom in any category city-wide, but presents a solid, middle-ground investment. It’s a property that holds its own within its local context, particularly in terms of lot size and assessed value relative to the area. This would suit first-time buyers or downsizers looking for a manageable, single-level home in a mature neighbourhood without a premium price tag. It’s also a sensible choice for a value-oriented buyer who prioritizes a larger yard over having the newest or largest house on the block.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is around average for Cranbrook Bay and the Kildare-Redonda area. Recent sale data suggests it trades in a range consistent with similar homes, indicating a stable, non-speculative value in its micro-market.
2. Is the lot size a significant advantage?
Yes. The 5,500 sqft lot ranks in the top 29% on its own street and top 24% in the neighbourhood. This means you’re getting more private outdoor space than most direct peers, which is a less obvious but valuable asset for gardening, recreation, or future outdoor upgrades.
3. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. This would require clarification through a viewing or direct inquiry to understand the finish quality, layout, and whether it includes legal egress or additional bedrooms.
4. How does the living space compare to a typical Winnipeg home?
At 955 sqft, the living area is slightly below the Winnipeg city-wide average. However, it is very close to the average size for both its street and neighbourhood, meaning it is a typical, comfortable size for this specific, established community.
5. What is the neighbourhood like?
Kildare-Redonda is a mature neighbourhood with homes primarily from the 1960s. The data shows consistency in home age, size, and value on Cranbrook Bay, suggesting a stable, established streetscape without drastic variations from one property to the next.