Property Summary: 366 Mcmeans Avenue E
Key Characteristics & Appeal
This is a compact, no-frills bi-level home built in 1969, offering a practical entry point into Winnipeg’s Kildare-Redonda neighbourhood. With 688 square feet of living space, it is notably smaller than most homes in the area and citywide, positioning it as a true starter home or a minimalist living option. Its key feature is a renovated basement, adding functional space. There is no garage or pool, emphasizing its straightforward, low-maintenance profile.
The appeal lies in its affordability and efficiency. The assessed value is modest and ranks as average for its immediate street, suggesting it’s priced appropriately within its specific local context. The lot size, while below area averages, is manageable. This property suits first-time buyers seeking an affordable foothold, investors looking for a rental property with a recent basement renovation, or downsizers who prioritize simplicity and lower property taxes over space. A thoughtful perspective is that its smaller size and average assessment for the street could represent a stable, lower-risk entry in a neighbourhood where many other homes command higher values.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 688 sqft, this home's living area is below average for Mcmeans Avenue E, the Kildare-Redonda neighbourhood, and Winnipeg overall. It is among the smaller homes in these comparisons.
2. What is the property's assessed value, and how does it compare?
The assessed value is $26,600. This is around the average for homes on Mcmeans Avenue E itself but is below the average for the broader Kildare-Redonda neighbourhood and the city.
3. When was it last sold and for approximately how much?
The home was sold in June 2016. Public data indicates the sale price was in the range of $17,500 to $20,500 at that time. The exact price can be requested.
4. What are the specifics of the basement renovation?
The listing confirms the basement has been renovated, but the scope, quality, and timing of the work are not detailed here. This would be a key point for buyer due diligence and inspection.
5. Is there parking or a garage?
The listing specifies there is no garage. Parking arrangements would be an important point of inquiry, such as the availability of on-street permits or a dedicated driveway.