Property Overview: 139 Edward Avenue E, Winnipeg
Key Characteristics & Appeal
This one-storey home in Kildare-Redonda is a study in solid value within its local context. Built in 1959, it offers 1,040 sqft of living space on a nearly 5,000 sqft lot, with a renovated basement and a detached garage. The home’s standout feature is its assessed value of $35.7k, which ranks in the top 4% on its own street and the top 10% within the neighbourhood, indicating it is considered a higher-value property by municipal assessment standards compared to its immediate peers. This suggests a history of updates or inherent desirability that outpaces many nearby homes.
Its appeal lies in being a competitively positioned, established property in a mature area. The renovated basement adds functional living space, a key asset in a one-storey layout. It suits practical buyers looking for a home that holds its value well on its block, first-time homeowners seeking a manageable footprint, or investors interested in a property with a strong assessed value foundation in a stable neighbourhood. A less obvious perspective is that its above-average assessment for the area could signal lower relative property tax burdens compared to homes of similar market value in other parts of the city, depending on mill rates.
Frequently Asked Questions
1. What does the "Top 4%" assessed value ranking mean for this street?
It means the municipal property assessment for this home is higher than 96% of comparable homes on Edward Avenue E. This often reflects improvements, lot desirability, or building quality that the city assesses above the street's norm.
2. Is the living space considered large for the area?
At 1,040 sqft, the living area is slightly above the neighbourhood average (966 sqft) and typical for the street. It provides a comfortable size for the area without being exceptionally large.
3. The home was built in 1959. What should I consider?
While the basement has been renovated, the core structure is from 1959. Prospective buyers should prioritize inspections for the aging roof, original plumbing, electrical systems, and insulation to understand any upcoming maintenance.
4. How recent is the sold price data?
The last recorded sale was in October 2023, with a public price range of $36.5k to $39.5k. For the exact sale price, you must request it directly from the listing source.
5. How does the lot size compare?
The 4,897 sqft lot is fairly typical for the street but is below the average lot size for the wider Kildare-Redonda neighbourhood. It offers standard outdoor space for the location.