Property Overview
This two-storey home at 300 Mcmeans Avenue E in Winnipeg's Kildare-Redonda neighbourhood presents a practical and renovated living space. Built in 1967, it offers 1,064 sqft of living area, which is notably above average for its immediate street and neighbourhood, providing more interior space than many comparable local homes. A key feature is its renovated basement, adding functional living area. The property sits on a 4,216 sqft lot, which is a standard size for the area. It does not have a garage or pool.
The appeal here is one of value and space efficiency within a mature community. For its assessed value, which is below the average for both the neighbourhood and the city, you get a home with an above-average amount of finished living space for the local area. This creates a value proposition where the interior utility outweighs the premium for land or high assessment. It would suit first-time buyers, downsizers, or practical investors looking for a renovated, move-in-ready home without paying for extra land or amenities like a garage. Its consistent sale history suggests a stable, in-demand local market.
Frequently Asked Questions
1. Is the basement renovation legal and permitted?
While the listing notes the basement is renovated, prospective buyers should verify with the city that all work was done with proper permits and meets current building codes.
2. What is the parking situation without a garage?
The property has no garage. Buyers should assess on-street parking availability and any seasonal parking restrictions in the neighbourhood.
3. How does the below-average assessed value impact property taxes?
A lower assessed value relative to the city average can be an advantage, potentially leading to lower property tax bills compared to homes with similar living space but higher assessments.
4. The home sold recently in 2023 and 2019. Is that a concern?
The recent sales history indicates a property that has changed hands a few times. It's not inherently negative but warrants asking about the reasons for sale to understand if there are any transient issues.
5. The living space is above average for the street, but the lot is average. What does this mean?
This typically indicates a home that makes efficient use of its footprint, possibly with a well-utilized layout or additions. It's a plus for indoor living space but means outdoor private space is standard for the area.