Property Overview: 149 Newman Avenue E
Key Characteristics & Appeal
This one-storey home on a 3,995 sqft lot in Kildare-Redonda presents a straightforward, no-frills opportunity. Built in 1960, it is notably newer than many homes on its street and in the immediate area, which may suggest fewer issues associated with very old infrastructure. With 945 sqft of living space and an unrenovated basement, it offers a compact footprint. The home includes a detached garage.
Its primary appeal lies in its position as a manageable entry point into the Winnipeg market. The assessed value is below average for the street, neighbourhood, and city, indicating a potentially lower price point. It suits first-time buyers, investors, or downsizers looking for a basic, functional property without premium finishes. A thoughtful perspective is that its newer build date relative to its neighbours could be a hidden advantage, possibly meaning updates over the years have been to more modern standards than surrounding older homes. The lot size, while below the city average, is quite typical for the street, offering a standard outdoor space with minimal upkeep.
Frequently Asked Questions
1. What does "unrenovated basement" typically mean?
It usually indicates the basement is in original or functional condition, but not modernized. It likely has finished or partially finished space suitable for utilities, storage, or a basic rec room, but will not feature contemporary finishes or design.
2. How does the 1960 build year compare to the area?
This home is newer than the average house on Newman Avenue E (where the average build year is 1947) and in the broader Kildare-Redonda area. This is a relative strength, as core components like wiring or plumbing may be from a more recent era.
3. Is the detached garage a standard feature here?
Yes, the data shows many comparable homes in the area have similar detached garages. It provides secure parking and storage separate from the house.
4. The assessed value seems low compared to city-wide averages. Why?
The assessed value is a municipal valuation for tax purposes, not market value. However, its position below local averages reflects the home's modest size, likely basic condition, and the general pricing of the neighbourhood relative to the entire city.
5. How stable have property values been on this street?
Based on the sold price history for this specific home, its value range increased between its 2017 and 2021 sales. For detailed, exact sold prices, you can request the information via email from the site.