Property Overview: 143 St Martin Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, well-situated one-storey home in the Kildare-Redonda neighbourhood. Built in 1967, it offers 988 square feet of living space and sits on a standard 4,999 sqft lot. A key feature is its renovated basement, adding functional living space. The home has no garage or pool.
Its primary appeal lies in its solid positioning within its immediate area. The data shows that for its street and neighbourhood, this home is consistently "around average" in size, assessed value, lot size, and age. This isn't a standout luxury property, but a stable and typical home for the community. It recently sold in the summer of 2024.
This property would suit a first-time homebuyer or a downsizer looking for a manageable, single-level layout in an established neighbourhood. It’s also a practical fit for an investor seeking a straightforward rental property, given its recent sale and renovated basement. The value is in its predictability—it’s a known quantity within its local market, offering a lower-maintenance entry point into homeownership without the surprises of a much older or more unique property.
Section 2: Frequently Asked Questions
1. How does this home compare to others in Winnipeg?
City-wide, the living space is below the Winnipeg average, but its assessed value is around the city average. This indicates you're paying for location and lot in an established neighbourhood rather than for a large amount of interior space.
2. What does "around average" for the assessed value mean?
It means the official city assessment is typical for both St Martin Boulevard and the broader Kildare-Redonda area. This can suggest stability and may simplify the financing and appraisal process, as the value isn't an outlier.
3. The home sold recently in 2024. What can that tell me?
The sale provides a very current market price point (between $30.5k and $33.5k), which is more relevant than older historical data. It indicates active interest in the property and the area within the last year.
4. What are the implications of having a renovated basement but no garage?
The renovated basement adds valuable finished space for living, storage, or utilities, which is a significant plus. The lack of a garage means relying on street parking or considering the cost and feasibility of adding a driveway or carport, which is a common consideration in older neighbourhoods.
5. The lot size is noted as "around average." Is that good?
For the neighbourhood, it's perfectly standard. It likely provides a decent backyard space for its community setting without the high maintenance of a much larger lot. It represents the typical balance of house and yard found in this area.