Property Summary: 15 Crossgate Road, Winnipeg
Section 1: Overview & Appeal
This one-storey home in Kildare-Redonda is a practical and straightforward property built in 1966. Its key characteristics include a renovated basement, a detached garage, and a modest 988 sqft living area on a roughly 5,000 sqft lot. The home’s assessed value is notably above average for the immediate neighbourhood, suggesting it may be in better condition or have more desirable features than many nearby comparables.
The primary appeal lies in its position as a manageable, single-level dwelling in an established area. It represents an opportunity for entry into the market or for downsizers seeking a low-maintenance layout without a complex renovation project. The renovated basement adds functional living space, a valuable asset in a smaller home.
This property would best suit first-time buyers, investors looking for a rental property, or empty-nesters. Its size and configuration are less ideal for growing families needing multiple bedrooms or extensive common areas. A thoughtful perspective for a buyer is to consider the value of the lot itself; in an older neighbourhood, the land can represent a significant portion of the property's long-term value, offering potential for future expansion or redevelopment.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 988 sqft, the living area is slightly below average for the immediate street but very close to the average for the broader Kildare-Redonda neighbourhood. It is a compact, efficient footprint.
2. Why is the assessed value higher than the neighbourhood average?
The home ranks in the top 23% for assessed value in Kildare-Redonda. This typically indicates that municipal assessors have attributed a higher value to the property, often due to factors like the renovated basement, overall condition, or specific improvements not reflected in basic square footage.
3. What is the recent sales history?
The home sold between October and December of 2024. The exact sale price is not publicly listed, but the provided range suggests a sale near its assessed value.
4. Is the detached garage a standard feature?
In this area and for homes of this vintage, a detached garage is a common feature. It provides secure parking and storage but may require separate maintenance from the house.
5. What are the implications of the home’s age?
Built in 1966, the home is typical for the area. Buyers should budget for updates to major aging components common for the era, such as roofing, windows, or the heating system, even though the basement has been renovated.