Property Overview
This 1962-built, one-storey home at 19 Camrose Bay offers a practical and straightforward living opportunity in Winnipeg's Kildare-Redonda neighbourhood. With 955 sqft of living space and a renovated basement, it presents a manageable footprint. Its primary appeal lies in its above-average land size (over 6,000 sqft) for the area, offering good outdoor space relative to many city lots. The home's assessed value sits above average for its immediate street and neighbourhood, suggesting it is well-regarded in its local context, though it is a smaller home by wider city standards.
This property would suit first-time buyers or downsizers looking for a single-level layout without major renovations to tackle. It also appeals to value-oriented buyers who prioritize a larger lot for gardening, pets, or future expansion over a large interior. The data indicates it's a home that holds its own within its established community rather than standing out city-wide.
Key Questions (FAQs)
1. How does the home's size compare to others?
At 955 sqft, the living area is very close to the average for both Camrose Bay and the wider Kildare-Redonda neighbourhood. However, it is notably smaller than the Winnipeg city-wide average, making it a more compact, efficient layout.
2. What does the above-average assessment on the street indicate?
The home ranks in the top 22% by assessed value on its own street. This often reflects factors like the renovated basement, the larger lot, or overall maintained condition compared to immediate neighbours.
3. Is the lot size a significant feature?
Yes. The land area ranks in the top 12% within Kildare-Redonda, meaning the lot is larger than most in the neighbourhood. This is a distinct advantage for outdoor space and potential.
4. Based on the last sale, has the value increased?
The home sold in May 2022 for an estimated range of $39.5k-$42.5k. With a current assessed value of $33.4k, it's important to discuss current market conditions with a real estate professional, as assessments and market value can differ.
5. What is the context of the 1962 build year?
On Camrose Bay, it's one of the newer homes (top 9%), but within the broader neighbourhood, it's older than average. This suggests the street may have a consistent, mature character from that era.