Property Overview & Key Characteristics
This one-storey home at 34 Minikada Bay presents a practical and grounded opportunity in Winnipeg's Kildare-Redonda neighbourhood. Its key appeal lies in its established setting and manageable scale. With 955 sqft of living space and a renovated basement, it offers a functional layout for everyday living. The detached garage and a land area just over 5,000 sqft provide useful outdoor space and storage options typical for the area.
Statistically, the home sits comfortably in the middle range for its immediate street and neighbourhood in terms of size, value, and lot dimensions. A less obvious point of stability is its year of build (1965), which is actually newer than many of its direct neighbours, potentially suggesting slightly more modern construction fundamentals for its vintage. The property doesn’t stand out as exceptionally large or high-value citywide, which often translates to a more predictable and competitive market entry point. It would suit first-time buyers, downsizers, or practical investors looking for a solid, no-frills home in an established community without the premium of a newer or significantly above-average property.
Frequently Asked Questions
1. How does this home compare to others on the street?
Based on available metrics, it is very typical for Minikada Bay. Its living area, assessed value, and land size all rank close to the average for the 59 comparable properties on the same street.
2. What is the likely price range?
While the exact sold price is not publicly listed, the home last sold in May 2020 for an amount between $255,000 and $285,000. Its current assessed value is $317,000, which is around the neighbourhood average. A professional appraisal and market analysis are needed for an accurate current value.
3. Is the neighbourhood actively selling?
The provided data shows several nearby properties on the same street, indicating an active, established community where homes do come onto the market with regularity.
4. What are the potential considerations for a 1965-built home?
While the basement has been renovated, a home of this age will have core components (like roof, windows, plumbing, and electrical systems) that are likely original or nearing the end of their serviceable lifespan. A thorough inspection is essential to budget for potential updates.
5. Why does the citywide living area seem below average?
The home’s living area is below the Winnipeg city average (1,342 sqft). This reflects its character as a more modest, one-storey home from the 1960s, common in its neighbourhood, compared to the larger, newer homes that pull the citywide average up.