Property Overview: 361 Kildare Avenue E, Winnipeg
Section 1: 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 features include a renovated basement and a detached garage. The data reveals a clear profile: this is a modest, below-average-sized home (736 sqft) in both its immediate area and city-wide, which is reflected in its lower assessed value. Its appeal lies in its affordability and practicality. It represents a straightforward entry point into homeownership, with the renovated basement adding valuable functional space.
This property would suit first-time buyers, downsizers, or investors seeking a low-maintenance, no-frills asset. Its below-average metrics compared to neighbors suggest it’s a value-oriented option rather than a premium one. A thoughtful perspective is that a home of this size and vintage on a decent lot could appeal to someone viewing it as a long-term "base" with potential for future expansion, subject to local regulations. It’s a home for those prioritizing financial accessibility and utility over square footage or modern amenities.
Section 2: Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a "renovated basement" but does not specify it as a legal secondary suite. A buyer must verify its status with the city to understand any rental or legal implications.
2. Why is the assessed value significantly lower than the city-wide average?
The assessed value aligns with the home's smaller size, older age, and its positioning within the local market. It consistently ranks below average for value among comparable homes on its street, in the neighborhood, and across Winnipeg, indicating it is assessed in line with its more modest characteristics.
3. How does the living area compare to nearby homes?
At 736 sqft, the living area is notably smaller than most comparable homes. On Kildare Avenue E itself, it ranks in the bottom 11% by size, and it is also below average for the broader neighborhood and the entire city.
4. What is the potential for future expansion or renovation?
The lot size is around average for the street, which may offer some flexibility. However, any significant expansion would need to consider the home's original 1956 structure, zoning bylaws, and the costs involved relative to the home's current value.
5. How reliable are the sold price ranges shown?
The provided price ranges are based on public data. For precise historical sold prices, you must request the information directly via the provided email service, as the listing agent manually supplies the exact figures.