Property Overview
This single-storey home at 25 Blue Heron Crescent in Winnipeg's Kildare-Redonda neighbourhood presents a practical opportunity. Built in 1963, it offers 1,040 sqft of living space on a 5,300 sqft lot, with a renovated basement as a noted feature. The home's assessed value of $300k positions it below average for its immediate street and wider area, which can signal different things: for some, it may represent a value entry point into a stable neighbourhood; for others, it suggests a property that may benefit from updates or reflects its more modest size and lack of a garage. Its living space is comfortably average for the local area, making it a functionally sized home.
The appeal here is grounded in essentials. The renovated basement adds functional living space, a significant asset. The lot size is generous for the neighbourhood, offering good outdoor potential. This property would likely suit first-time buyers seeking a solid starter home with some immediate updates already done, or practical downsizers looking for a manageable single-level layout in an established community. It’s a home for those who value space and function over flash, and who see potential in a property priced below its immediate peers.
Frequently Asked Questions
1. Is the below-average assessed value a concern?
Not necessarily. It primarily reflects the home’s official valuation for tax purposes, which often lags behind market prices. It can indicate a more affordable entry point into the area, but a buyer should always base their offer on recent market comparisons and a professional inspection.
2. What does the "renovated basement" include?
The listing notes it as renovated but does not specify details. This is a key question for the seller or listing agent to clarify the scope, quality, permits, and whether it includes added bedrooms, a legal suite, or simply finished living space.
3. How does the lack of a garage impact daily life and value?
This is a significant consideration in Winnipeg's climate. Buyers should factor in the cost and feasibility of adding a garage or carport, or be comfortable with street parking. This feature often contributes to the home's more accessible price point.
4. The home is older—what should I be mindful of?
Built in 1963, major systems like roof, plumbing, electrical, and foundation should be carefully inspected. The age also means potential for original windows or insulation, which could affect energy costs. The renovated basement should be checked for proper moisture control.
5. How does this home fit within the Kildare-Redonda neighbourhood?
The data shows it's a home of average size and lot for this specific area, suggesting it fits right in. The value ranking indicates it may be one of the more affordable options on the street, appealing to those wanting the neighbourhood location while accepting a more basic offering or a home with update potential.