367 Redonda Street

Property Overview

This well-situated one-storey home at 367 Redonda Street in Winnipeg's Kildare-Redonda neighbourhood presents a solid, above-average offering within its immediate area. Its key appeal lies in its strong relative standing locally. The 1,040 sqft living space is notably above average for both the street and the neighbourhood. A significant feature is the renovated basement, adding functional living space. The property sits on a 5,785 sqft lot, which is spacious for the area and offers potential for outdoor enjoyment or expansion. A detached garage provides flexible storage or workshop space.

The home’s assessed value ranks in the elite top 4% for Kildare-Redonda, suggesting it is a higher-value property within this specific community. Built in 1975, it is newer than many area homes. This combination of a renovated basement, a larger-than-typical lot for the locale, and a strong assessment position makes it a compelling option for buyers seeking a move-in ready, single-level home with room to breathe. It would particularly suit first-time buyers or downsizers looking for a manageable footprint without sacrificing yard space, and value-focused buyers who appreciate a home that stands out positively in its immediate market context.

Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows this property consistently outperforms local averages. Its living area, land size, and especially its assessed value rank in the top quartile or better for both Redonda Street and the wider Kildare-Redonda neighbourhood, indicating it's a premium offering in this specific area.

2. What does the "elite" ranking for assessed value in the neighbourhood mean?
Ranking in the top 4% for assessed value in Kildare-Redonda means this home is officially valued higher than 96% of comparable properties in the neighbourhood. This often reflects factors like the renovated basement, lot size, and overall condition, but it's also a key consideration for understanding property taxes.

3. Is the detached garage a plus or a minus?
This depends on buyer preference. A detached garage offers flexibility (e.g., for a workshop) and can reduce noise from vehicles entering/exiting. However, it is less convenient during Winnipeg winters compared to an attached garage, a trade-off worth considering.

4. The home sold in 2017. What can that price history tell me?
The 2017 sold price provides a historical benchmark, showing the price point at which it last changed hands. While the current market value will be different, this history can help trace the property's value trajectory and is a starting point for understanding the seller's potential equity.

5. The lot is large for the area but average citywide. How should I view this?
This is a key perspective. The lot is a standout feature within this established neighbourhood, where larger lots are less common. This suggests more private outdoor space than you might typically find here. Compared to newer suburban developments, the lot size is average, but you're paying for the established location and mature community.