Property Overview
This one-storey home at 333 Kildare Avenue E in Winnipeg’s Kildare-Redonda neighbourhood presents a practical, no-frills opportunity. Built in 1956, it sits on a standard-sized lot with a detached garage and an unfinished basement. Its appeal lies in its straightforwardness and its position as a more affordable entry point within its immediate area. The home’s living space is modest at 892 sq ft, which is fairly typical for the street but smaller than the Winnipeg average. Its assessed value is consistently below average for the street, neighbourhood, and city, indicating a potentially lower purchase price point relative to other homes.
This property would suit a first-time buyer comfortable with a home that may require updates, or an investor looking for a manageable rental property. It’s a home for those who value a stable, established neighbourhood over modern finishes or ample square footage. A less obvious perspective is that its smaller size and below-average assessment could translate to relatively lower property taxes, and the unfinished basement offers a blank canvas for future expansion or customization, adding potential value that isn't reflected in the current stats.
Frequently Asked Questions
1. Is this a small house?
Yes, at 892 sq ft of living area, it is smaller than the average home in Winnipeg (1,342 sq ft). However, it is closer to the average size for the local Kildare-Redonda neighbourhood.
2. Why is the assessed value so much lower than the citywide average?
The assessed value of approximately $28,300 is based on municipal valuation for tax purposes and reflects factors like the home's age, size, and condition. It is below average for the street, neighbourhood, and city, which often correlates with a more accessible price point.
3. What does the sale history show?
Public records indicate it last sold in September 2023 for an estimated price between $27,500 and $30,500. For the exact sale price, you can request the information via email from the listing source.
4. What are the potential downsides of an unfinished basement?
The basement is noted as "not renovated." This means it is likely a raw space requiring significant investment to finish, but it also offers flexibility for future development to suit a buyer's needs, whether for storage, utilities, or additional living space.
5. How does the lot size compare?
The lot is 4,595 sq ft, which is around average for Kildare Avenue E and slightly below average for the broader neighbourhood. It provides standard outdoor space for a home of this vintage.