Property Overview
This one-storey home at 326 Harold Avenue E in Winnipeg's Kildare-Redonda neighbourhood presents a solid, well-positioned offering. Its key appeal lies in its strong standing within its immediate area, particularly when compared to similar homes on its street and in the neighbourhood. With 1,277 sqft of living space, it is notably larger than many comparable local homes, ranking in the top 6% on its street. The assessed value of $38,800 is exceptionally strong for the area, placing it in the top 2% both on Harold Avenue E and within Kildare-Redonda. This suggests a property that has been maintained or updated in ways that outpace its direct peers. The home sits on a standard-sized lot just under 5,000 sqft and features a renovated basement and a detached garage.
The property would suit a practical buyer looking for a move-in ready, single-level home in a stable neighbourhood. It’s particularly appealing for those who value space and modern updates, as the renovated basement adds functional living area. The strong assessment relative to the area indicates a sound investment for someone prioritizing value retention and equity building over flashier, more expensive locations. It’s a home that offers more than the neighbourhood average without a city-wide premium price tag.
Frequently Asked Questions
1. Why is the assessed value so high compared to the recent sold price?
The home last sold in May 2021 for between $29.5k and $32.5k. The current assessed value of $38.8k is significantly higher, likely reflecting substantial improvements made since that purchase, such as the basement renovation. This increased assessment signals strong value growth for the current owner.
2. What does the "renovated basement" likely include?
While specifics aren't listed, a renovation in this context typically means the basement has been finished into livable space, possibly including proper flooring, walls, ceilings, and lighting. It transforms the area from basic storage into additional rooms for living, entertainment, or storage.
3. How does the lot size affect this property?
At 4,995 sqft, the lot is very typical for the street and neighbourhood. It provides adequate outdoor space for gardening, recreation, or a deck without the high maintenance of a much larger yard. The detached garage also benefits from this standard lot layout.
4. Is the age of the home (built in 1964) a concern?
The home is newer than many on its street (top 12%), which is a relative positive. For a home of this era, the key factors are the quality of its major systems (roof, wiring, plumbing) and updates. The renovated basement and strong assessment suggest proactive maintenance and modernization.
5. Who would this home not be suitable for?
It may not suit buyers seeking a brand-new build, a very large lot, an attached garage, or a home with multiple storeys. The appeal here is in its above-average space and condition for a well-established, mature neighbourhood, not in luxury features or a sprawling property.