Property Overview: 115 Edward Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1960, offering a practical and affordable entry point into Winnipeg’s Kildare-Redonda neighbourhood. With 945 square feet of living space and a renovated basement, it provides functional living areas on a standard 4,497 sqft lot. A detached garage adds utility.
Its primary appeal lies in its value and stability. The home sits comfortably around the neighbourhood average for assessed value, suggesting it’s priced appropriately within its local market. It’s not a standout in size or lot dimensions, but it represents a solid, average offering in the area—a known quantity without premium pricing. This makes it a straightforward option for first-time buyers or practical investors seeking a lower-maintenance property with some updated features (the basement). It would also suit downsizers looking for a manageable single-level layout. A thoughtful perspective is that its "average" metrics within the immediate area can be a strength, indicating a lower risk of being over-improved or an outlier, which can be appealing for those seeking predictability.
Section 2: Frequently Asked Questions
1. How does the living space compare to other homes?
At 945 sqft, the living area is slightly below the city-wide average but is very typical for the Kildare-Redonda neighbourhood, where comparable homes average 966 sqft. It’s a compact, efficient layout.
2. What is the significance of the assessed value?
The assessed value of $31,700 is around the middle of the pack for the street, neighbourhood, and city. This generally indicates the home is viewed by assessors as a standard, mid-range property for the area, not an undervalued project or a premium listing.
3. Has the home been updated?
The listing confirms the basement has been renovated. The extent and quality of this renovation, as well as the condition of major systems (roof, wiring, plumbing) in the 66-year-old home, would require verification during a viewing and inspection.
4. Is the lot size a limitation?
The lot is smaller than many on its street and in the neighbourhood. This means less yard maintenance but may limit expansion possibilities or extensive outdoor living space. It’s a trade-off that contributes to the home’s lower-maintenance profile.
5. How can I find out the exact historical sale prices?
The provided sold price history shows a range. To obtain the exact sale price from records, you must request it directly via the email system provided on the listing page, as this data is manually verified and shared.