Property Overview: 146 Thom Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Kildare-Redonda is a practical and updated property built in 1967. Its key feature is a renovated basement, adding valuable finished living space to the 1,045 sqft footprint. The home sits on a modest, manageable lot just under 3,000 sqft and includes a detached garage.
The appeal lies in its move-in readiness with the basement renovation already completed, offering a low-maintenance yard and a living space size that is comfortably above average for its immediate neighborhood. It suits first-time homebuyers seeking an updated starter home without a major project, or downsizers looking for a manageable property with more interior space than a condo. A thoughtful perspective is that the below-average lot size and assessed value for the area could represent an accessible entry point into a established neighborhood, potentially appealing to the value-conscious buyer who prioritizes interior updates over outdoor space.
Section 2: Frequently Asked Questions
1. What does the assessed value indicate?
The assessed value is notably below the average for both the Kildare-Redonda area and the city. This typically reflects the property's specific characteristics (like lot size) and the municipal valuation for tax purposes, not necessarily the market sale price, as seen in its prior sold prices.
2. Is the living space sufficient for a family?
With over 1,000 sqft across two floors plus a renovated basement, the home offers flexible space. It is larger than many comparable homes on the street and in the neighborhood, making it a viable option for a small or growing family.
3. What are the implications of the smaller lot size?
The lot is smaller than most in the area. This means lower yard maintenance, which is a benefit for those seeking simplicity. However, it also means less private outdoor space and limited potential for expansions like a large addition or pool.
4. The home was last sold in 2019 and 2017. What does that history suggest?
The relatively recent sales indicate a property that has changed hands a couple of times in a short period. It’s advisable to understand the context for those sales, but the subsequent basement renovation likely adds significant value that wasn't present at the last sale.
5. What is the neighborhood context of Kildare-Redonda?
The home's living area ranks above average here, suggesting you get more house for the area. However, its assessed value ranks in the bottom tier for the neighborhood, which may point to it being a more budget-friendly option within this specific community.