Property Overview
This two-storey home at 378 Mcmeans Avenue E in Winnipeg's Kildare-Redonda neighbourhood presents a practical and value-conscious opportunity. Built in 1969, it features 1,064 sqft of living space, a renovated basement, and a detached garage on a 4,000 sqft lot.
Key Characteristics & Appeal
The primary appeal of this property lies in its efficient use of space and its position as a relatively affordable entry point into the Winnipeg market. Its living area is notably above average for both its immediate street and the wider Kildare-Redonda area, suggesting a home that makes smart use of its square footage compared to many nearby peers. The renovated basement adds functional living space. While the lot size is more compact compared to broader city averages, it offers manageable upkeep.
This home would suit first-time buyers seeking a solid, no-frills starter home with some updated elements, or investors looking for a practical rental property in a stable neighbourhood. Its assessed value sits below area and city averages, indicating a potentially lower property tax burden and a price point that may be accessible. A thoughtful perspective is that while it may not lead its peer group in any single category, it represents a balanced, middle-of-the-road option—offering space where it counts (indoors) while keeping carrying costs in check.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
The living space is a key strength. At 1,064 sqft, it is larger than the average home on Mcmeans Avenue E and in the Kildare-Redonda neighbourhood, placing it in the top 15% locally for interior space.
2. What is the likely property tax situation?
The home's assessed value is below the average for both Kildare-Redonda and Winnipeg citywide. This typically translates to a below-average property tax bill relative to many other homes in the city.
3. Is the lot size a limitation?
The 4,000 sqft lot is standard for the street but smaller than the neighbourhood and city averages. It provides adequate outdoor space for a patio, garden, or play area but may not suit those seeking extensive yard space.
4. What does the sales history indicate?
The home sold previously in 2016 and 2021. The price range increased between those sales, showing appreciation. For the exact sold prices, you can request the information via email from the listing source.
5. What are the less obvious considerations?
The home's living area ranking is significantly stronger than its lot size or value rankings. This highlights a property that prioritizes interior space over a large yard. Additionally, the detached garage offers flexibility but means accessing your vehicle in winter will require going outside.