Property Summary: 10 Kramble Place, Winnipeg
Section 1: Key Characteristics & Appeal
This 1973 bi-level home at 10 Kramble Place in Kildare-Redonda is a compact, no-frills property with a renovated basement. Its key characteristic is its modest scale, featuring 733 sqft of living space—considerably smaller than average for the city—on a standard 5,305 sqft lot with a detached garage. The home’s primary appeal lies in its value proposition within its immediate neighbourhood. While it ranks at the lower end for size on its own street, its assessed value is notably above average for Kildare-Redonda, suggesting it is viewed as a solid asset in this specific area. This creates an interesting dynamic: it’s a smaller, older home that nonetheless holds its ground in terms of valuation locally.
This property would suit first-time buyers, downsizers, or investors seeking an affordable entry point into a stable Winnipeg neighbourhood. It’s for those who prioritize location and lot ownership over square footage, and who see potential in a home with a finished basement but are comfortable with a cozy main living area. A thoughtful perspective is that this home represents the practical, unassuming side of homeownership—it’s not about luxury features, but about securing a manageable property in a community where its value has demonstrated relative strength.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 733 sqft, the living area is below average for Winnipeg. This suits a minimalist lifestyle or a small household. The renovated basement provides additional functional space, making the overall footprint more workable.
2. Why is the assessed value above average for the neighbourhood?
Despite its smaller size, the assessment suggests the property is in good condition relative to others in Kildare-Redonda, likely due to the renovated basement and the inherent value of the lot. It indicates the home is considered a well-maintained example within its local market context.
3. What does the sale history tell me?
The home sold in August 2021 for an estimated $33.5k - $36.5k, closely aligning with its current $34.7k assessed value. This recent stability suggests the market has found a consistent price level for this specific type of property in this area.
4. Who are the typical neighbours?
The direct neighbours on Kramble Place and nearby Whitehall Boulevard appear to be similar single-family homes, many from the same era. The data shows nearby homes have comparable assessed values, indicating a consistent, established character to the immediate area.
5. What are the less obvious trade-offs?
The home is smaller but has a proportionally larger lot than some in the neighbourhood. This means less indoor maintenance but standard outdoor upkeep. You’re trading interior space for potential outdoor utility or future expansion, within a neighbourhood where the property’s financial assessment is robust.