Property Overview
112 Minikada Bay is a classic one-storey home with a renovated basement and a detached garage, situated on a quiet street in Winnipeg's Kildare-Redonda neighbourhood. Built in 1965, it presents a straightforward, manageable footprint with 975 sqft of living space on a 5,098 sqft lot. The home's assessed value is in line with its immediate area, and it last sold in mid-2022.
Key Characteristics & Appeal
This home’s primary appeal lies in its position as a stable, average-sized property within its established community. It doesn’t stand out for sheer size or luxury, but rather for being a solid, proportional offering in its local market. The renovated basement adds functional living space, a key update for a home of this era. Its lot size is typical for the street, providing decent outdoor space without being overwhelming to maintain.
The property would suit first-time buyers or downsizers looking for an entry point into a mature neighbourhood without the premium price of a newer or significantly larger home. It’s also a practical fit for an investor or homeowner who values a predictable, "as-is" assessment profile and prefers a home that doesn’t require immediate major updates, thanks to the basement renovation. A less obvious perspective is that its very "averageness" on the street and in the area could be a strength, offering insulation from volatile market swings and representing a genuine middle-ground option.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 975 sqft, the living area is almost identical to the average for both Minikada Bay (970 sqft avg) and the wider Kildare-Redonda area (966 sqft avg). It is, however, notably smaller than the Winnipeg city-wide average.
2. Is the assessed value typical for the area?
Yes. The assessed value of $31.60k is very close to the average for both the immediate street and the Kildare-Redonda neighbourhood, indicating it is priced consistently with its local peers.
3. What is the significance of the home being built in 1965?
For Minikada Bay, a 1965 build date is actually above average, meaning it is newer than many homes on the street. For the broader city, it is right around the average build year for Winnipeg homes.
4. What do the past sold prices indicate?
The home sold in July 2022 for an estimated $29.50k–$32.50k, a price that ranked highly (Top 10%) compared to other sales on Minikada Bay at that time. A prior sale in January 2018 was at a lower price point that ranked lower (Top 90%) on the street.
5. How can I find out the exact historical sold price?
The exact sold prices are not publicly displayed in detail. You can request the precise figures by emailing the listing service through the provided button; they aim to reply by the end of the same day and do not use email addresses for unsolicited marketing.