Property Overview: 30 Colonial Court, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Kildare-Redonda offers a practical layout with 1,047 sqft of living space and a renovated basement. Its key appeal lies in its strong positional value within a desirable neighbourhood. The data reveals that while the house itself is of average size for the city, its assessed value of $370k ranks in the top 5% for Kildare-Redonda and the top 14% on its own street, Colonial Court. This suggests the value is driven more by the lot and location than by the building's square footage. The 6,000 sqft lot is notably larger than the neighbourhood average, providing ample outdoor space.
The home, built in 1963, suits buyers looking for a solid foundation in a mature, established area. It would particularly appeal to those who prioritize lot size and neighbourhood prestige over a brand-new build, and who are comfortable with a home of this era. The detached garage and renovated basement add functional space. A thoughtful perspective is that this property represents a "value-over-size" proposition—you're investing more in the land and location, which could be a strategic move for long-term stability or future expansion, rather than paying for maximum interior footage upfront.
Section 2: Frequently Asked Questions
1. How does the value of this home compare to its immediate neighbours?
The home's assessed value ranks 3rd highest out of 21 properties on Colonial Court, placing it in the top 14% on the street. This indicates it is considered a higher-value property within its immediate setting.
2. Is the lot size a significant feature?
Yes. At 6,000 sqft, the lot is approximately 18% larger than the average lot in the Kildare-Redonda neighbourhood, which is a distinct advantage for privacy, gardening, or potential outdoor living spaces.
3. What does the sold price history indicate?
The home has sold twice in recent years (2021 and 2022), showing active market interest. The sold price ranges show a clear increase between those sales, reflecting positive market movement during that period.
4. The home was built in 1963. What should I consider?
While the basement has been renovated, a home from this era will likely have original or aging core components, such as the roof, windows, and major systems. A thorough inspection is advised to understand the condition and timeline for any updates.
5. Who are the most logical buyers for this property?
This home is well-suited for downsizers seeking a manageable one-storey layout in a prime area, or for growing families who value a large yard in a established community and may plan to renovate or expand the existing footprint over time.