Property Summary: 309 Kildare Avenue E, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1956, situated on a standard-sized lot in the Kildare-Redonda area. Its key characteristic is its efficiency: with 736 sqft of living space and a renovated basement, it offers a straightforward, manageable layout. The home’s appeal lies in its role as an affordable entry point into the Winnipeg market. It consistently ranks below area and city averages for size and assessed value, which translates to a lower price barrier and potentially lower property taxes. The detached garage adds practical utility.
This property would best suit first-time buyers, downsizers, or pragmatic investors seeking a low-maintenance footprint. Its value is functional rather than luxurious, appealing to those who prioritize financial accessibility and a solid foundation over square footage. A thoughtful perspective is that a home of this vintage and size on a decent lot presents a clear canvas; its below-average metrics compared to neighbors might represent an opportunity for the right buyer to add value over time, whether through updates or simply by building equity in an affordable asset.
Frequently Asked Questions
1. How does the home’s below-average size impact its value?
While the living area is smaller than most comparable homes in the area and city, this is reflected in its below-average assessed value. This can make it an accessible option, but it's important to ensure the layout meets your spatial needs.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the permits, quality of finishes, and whether it includes legal secondary suite potential, as this can significantly affect value and utility.
3. The home sold in 2019. What might it be worth now?
The exact 2019 sale price is available upon request. Current value would be influenced by market conditions since then, the state of the renovation, and any further updates. Its assessed value provides a baseline, but market price is determined by current demand.
4. How does the year built (1956) affect maintenance?
Being nearly 70 years old, prospective buyers should budget for and investigate the age and condition of major systems like plumbing, electrical, roofing, and the foundation. A thorough inspection is essential.
5. Is the lot size a pro or con?
At just over 4,000 sqft, the lot is around average for the street but below average for the wider city. This means manageable outdoor maintenance, but less private space than newer suburban lots. It’s a practical size for a small garden or patio.