315 Mcmeans Avenue E

Property Overview: 315 Mcmeans Avenue E

Key Characteristics & Appeal

This is a compact, one-storey home built in 1961, offering a practical and manageable footprint with a renovated basement. At 875 square feet of living space, it is comfortably sized for a small household and ranks around the middle compared to other homes on its street. The detached garage and a land area just over 4,400 sqft provide useful outdoor space and parking flexibility. Its assessed value is consistent with averages for the local Kildare-Redonda area, suggesting it is priced in line with market expectations.

The appeal here lies in its simplicity and potential for a low-maintenance lifestyle. It suits first-time buyers looking for an affordable entry into the Winnipeg market, downsizers seeking a manageable property without the upkeep of a larger home, or pragmatic investors interested in a solid, no-fuss rental property. A thoughtful perspective is that while its size is below the citywide average, this can translate to lower utility costs and less time spent on cleaning and maintenance, freeing up resources for travel, hobbies, or savings. The renovated basement also adds valuable flexible space that the main floor square footage alone doesn't reflect.

Frequently Asked Questions

1. How does this home's size compare to others in the area?
At 875 sqft, the living area is slightly below the average for the Kildare-Redonda neighbourhood but is quite typical for Mcmeans Avenue E itself, where comparable homes average about 916 sqft.

2. What is the significance of the assessed value?
The assessed value of $30,400 is around the average for both the immediate street and the wider city. It is a figure used for calculating property taxes and is generally based on market trends and property characteristics, but the final sale price is determined by the market.

3. What can you tell me about the sale history?
Public records indicate the home sold in May 2017 for an estimated range of $235,000 to $265,000. For the precise historical sale price, you can request the exact figure via email from the listing source.

4. Is the lot size a pro or a con?
The lot is just under 4,500 sqft. This is larger than many on the same street, offering decent outdoor space for a home of this size, but it is smaller than the typical lot across the city of Winnipeg.

5. What are the implications of the home's age?
Built in 1961, the home is older than most on its block. This means potential for character, but it also warrants a careful inspection to understand the condition and age of major systems like plumbing, electrical, and the roof, even with a renovated basement.