1008 Day Street

Property Overview & Key Characteristics

This one-storey home at 1008 Day Street in Winnipeg's Kildare-Redonda neighbourhood presents a practical and straightforward opportunity. Its primary appeal lies in its relative affordability and manageable scale, situated on a decent-sized lot. The home itself is modest in size at 892 sqft, which is fairly typical for the immediate street and area, but notably smaller than the Winnipeg city average. A key updated feature is the renovated basement, adding functional living space. The property includes a detached garage.

Its statistical profile is one of consistent averageness within its local context. The assessed value, year built (1955), and lot size are all around the median for the street and the broader Kildare-Redonda area. This suggests a home that is neither an outlier in terms of condition nor premium, fitting neatly into the established fabric of the neighbourhood. The last known sale was in mid-2016 for a price between $23.5k and $26.5k.

This property would suit a first-time buyer or an investor looking for an entry-point into the Winnipeg market with lower property taxes. It would also appeal to someone seeking a simpler, single-level living layout without the maintenance of a larger home or yard. The renovated basement is a significant plus, offering potential for a rental suite, family space, or hobby area, which adds flexibility to the home's core footprint.

Frequently Asked Questions

1. Is this a small house?
Yes, at 892 sqft of living area, it is below the city-wide average. However, it is very close to the average size for both Day Street and the Kildare-Redonda neighbourhood itself. The renovated basement effectively increases the usable space.

2. What does the "rank" and "top" percentage mean in the metrics?
These figures show how this property compares to similar homes in three groups: its street, its neighbourhood, and city-wide. For example, "Top 55%" for living area on its street means 45% of homes on Day Street are larger, and 55% are smaller. It's a way to gauge if a feature is typical or an outlier in a specific context.

3. The assessed value seems very low compared to the city average. Why?
The assessed value shown ($31.40k) is for taxation purposes and is not the market value or expected sale price. Market value is typically much higher. The city-wide "average" of $390k in the comparison is likely the market value benchmark, highlighting the difference between tax assessment and actual market price.

4. How updated is the home?
The listing specifically confirms a renovated basement. The main floor's condition is not detailed, but the home's age (1955) and its "around average" assessments for the area suggest it is likely a functional property that may require some updates, consistent with many homes of its vintage.

5. Can I get the exact historical sale price?
Yes, but not directly on the public page. The exact sold price from the last transaction in June 2016 is available by request via email from the site provider, as they manually verify this data from non-public sources.