Property Overview & Key Characteristics
This one-storey home at 11 Laurentia Bay is a classic, mid-60s bungalow situated on a well-sized lot in Winnipeg's Kildare-Redonda neighbourhood. Its primary appeal lies in its solid, established character and its position as a very typical and manageable property for the area. With 1,014 sqft of living space and a renovated basement, it offers functional space without being oversized. The detached garage and a land area that ranks above average for its immediate street add practical value.
The home suits first-time buyers or downsizers looking for a straightforward, low-maintenance bungalow layout in a mature neighbourhood. Its assessed value is above average for Kildare-Redonda, suggesting it is viewed as a stable asset within the local market. A thoughtful perspective is that this property represents a "known quantity"—its metrics are consistently around or above the local averages, which may appeal to those seeking predictability and avoiding the extremes of a fixer-upper or a premium showcase home. It’s a practical choice for someone whose priority is neighbourhood stability over a modern or customized layout.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At just over 1,000 sqft, the living area is very close to the average for both Laurentia Bay and the wider Kildare-Redonda neighbourhood, making it a typical offering for the area.
2. What does the above-average assessment for the neighbourhood indicate?
An assessed value ranking in the top 23% for Kildare-Redonda suggests the property is in good standing relative to its local peers, potentially reflecting the renovated basement or its specific lot attributes. It's a positive indicator of its relative worth within the community.
3. Is the lot size a significant feature?
The lot of just over 5,000 sqft is above average for the street, offering more outdoor space than many direct neighbours. This is a notable advantage for gardening, recreation, or future expansion.
4. Based on the data, is this an older home in an older area?
The home was built in 1965, which is typical for the street and neighbourhood. The data shows the area is consistently developed with homes from the mid-60s, so buyers should expect the character and potential maintenance considerations of a well-established community.
5. What can recent sale history tell us?
A nearby, very similar home on Walden Crescent (similar size, age, and assessed value) sold in late 2023. This provides a relevant benchmark for understanding the recent market activity for this specific type of property in Kildare-Redonda.