Property Overview: 150 Kildare Avenue E, Winnipeg
Key Characteristics & Appeal
This is a classic one-storey home built in 1920, situated on a generous 5,317 sqft lot in the Kildare-Redonda neighbourhood. Its key characteristics include an 817 sqft living area, an unrenovated basement, and a detached garage. The home’s assessed value is notably low compared to city averages, reflecting its age and modest size.
The primary appeal lies in its potential and lot size. It represents a straightforward, lower-barrier entry point into homeownership, ideal for a first-time buyer, an investor, or someone seeking a manageable project. The large lot offers valuable outdoor space and future possibilities, such as expansion or gardening, which are less common in newer, denser developments. It suits a practical buyer who values lot size over finished square footage and is comfortable with a home that has older character and may require updates over time. A less obvious perspective is its appeal to those seeking stability; its very low assessment could translate into relatively lower property taxes, providing long-term affordability.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessment is based primarily on the home's age, modest size, and condition relative to newer or more extensively renovated properties in Winnipeg. It reflects the municipal valuation for tax purposes, not necessarily the current market sale price.
2. What does "below average" for living area mean for daily life?
With 817 sqft, the home is compact and efficient. It would suit individuals, couples, or small families comfortable with cozy living spaces, emphasizing the need for smart storage solutions and potentially making the large outdoor lot an extension of the living area.
3. Is the unrenovated basement a major concern?
It depends on your plans. It presents both a consideration for immediate usability and a blank canvas for future finishing. Buyers should budget for any necessary moisture-proofing, insulation, or updates to bring it to a comfortable standard.
4. The home is over 100 years old. What should I be most mindful of?
Prospective buyers should prioritize inspections for foundational integrity, roof condition, wiring, and plumbing. While old homes are built with durable materials, their systems may be at or beyond their typical lifespan and require attention.
5. How reliable are the sold price ranges shown?
The ranges are estimates based on publicly available data. For precise historical sale figures to inform your offer, you should request the exact sold price history directly via the provided email service.