Property Overview: 19 Colonial Court
Key Characteristics & Appeal
This 1963 bi-level home at 19 Colonial Court offers a practical and well-positioned opportunity in Winnipeg's Kildare-Redonda area. Its key appeal lies in a balance of space, location, and value. The 1,047 sqft living area is comfortably above average for the immediate neighborhood, providing ample room in a manageable layout. A significant feature is the renovated basement, which adds functional living space and modern convenience without the need for immediate projects.
The property stands out for its generous 6,404 sqft lot, which ranks well above average for both the local area and the city. This offers valuable outdoor space and potential for gardening, recreation, or future expansion. Paired with a detached garage, it suits those seeking practical storage and workshop space. The home’s assessed value is strong for its street and neighborhood, suggesting a solid foundation of value relative to its peers.
This home would suit first-time buyers or downsizers looking for a move-in-ready property with a low-maintenance footprint, but who still prioritize private outdoor space. It’s also a sensible choice for value-focused buyers who appreciate a home that performs well in key metrics—like lot size and assessed value—within its community, offering more tangible assets than a brand-new build in the same price range might.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,047 sqft, the living area is larger than most homes in the wider Kildare-Redonda area, but is typical for houses directly on Colonial Court itself. This suggests you get more interior space than many in the district, while fitting right in on its specific street.
2. What does the "above average" assessed value ranking mean?
The assessment ranks in the top 19% on its street and top 6% in the neighborhood. This generally indicates the municipality views the property as more valuable than many around it, which can be a positive signal of its standing, though market sale price is determined by current buyer demand.
3. Is the 1963 build date a concern?
The year built is typical for the area. The key detail is the renovated basement, which addresses a major area where older homes often need updating. Prospective buyers should still consider a standard inspection for the main structure, roof, and major systems common to homes of this era.
4. How recent is the sale price data, and why is it a range?
The last recorded sale was in September 2024, which is very recent. The price is shown as a range (e.g., $38.50k ~ $41.50k) due to the site's use of public data. They offer to provide the exact sold price via email to ensure accuracy for serious inquiries.
5. Who would this property not be ideal for?
It may not suit buyers seeking a brand-new, open-concept layout, as the bi-level style typically has a more segmented floor plan. Additionally, those wanting an in-ground pool or extensive, instant landscaping should look elsewhere, as the appeal here is in the generous blank canvas of the lot itself.