Property Summary: 19 Premier Place, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1963, situated on a standard 5,000 sqft lot in the Kildare-Redonda neighbourhood. With 1,053 sqft of living space and a renovated basement, it offers practical, move-in-ready space. The home’s standout feature is its recent and significant value appreciation, with a sale in March 2025 substantially higher than one just a year prior, suggesting a hot market or impactful improvements.
Its appeal lies in its solid positioning as an "average" performer in key metrics for its immediate area and the broader city, indicating a stable, no-surprises property. It suits first-time buyers or downsizers looking for a manageable, updated home without extreme size or taxes. A thoughtful perspective is that, while the lot size is slightly below average for its street, the home ranks as the oldest on Premier Place—which paradoxically could signal it is a well-built original in a mature, established setting. The lack of a garage may appeal to those seeking lower maintenance or seeing potential for a garden shed or future carport.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finishes, ceiling height, permits, and whether it includes a separate entrance or additional bedrooms.
2. How does the assessed value relate to the recent sold price?
The home’s assessed value is significantly lower than its recent sold price range. This is common, as municipal assessments for tax purposes often lag behind current market values, especially in a rising market or after renovations.
3. Is the lack of a garage a major concern?
It depends on buyer needs. The property has no garage, which is a consideration for vehicle storage or workshop space. However, it may keep purchase and maintenance costs lower, and the lot has space for potential off-street parking or a future structure, subject to bylaws.
4. The home sold recently in 2024 and again in 2025. Why?
The quick resale could indicate a flip after renovations, an investor exit, or a change in the previous owner's circumstances. Requesting details on the nature of the 2024 sale and any work done since would provide important context.
5. How does this home compare to others on the street?
The data shows this home is around average for living area and value on Premier Place. Its lot is slightly smaller than the street average, but it is the oldest home on the block—a point that may interest those valuing original character in a neighbourhood of similar-aged homes.