Property Overview: 40 Allenby Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Allenby Crescent in the Kildare-Redonda neighbourhood presents a practical and affordable entry point into the Winnipeg market. Built in 1971, its 960 sqft living area is typical for the immediate street and area, offering a manageable layout. A key feature is the renovated basement, which adds valuable finished space. The property sits on a modest, sub-3,000 sqft lot, which means less yard maintenance.
Its primary appeal lies in its value positioning. The home's assessed value is consistently below average for its street, neighbourhood, and the wider city, suggesting a lower property tax burden and a potentially accessible purchase price. This is a home for pragmatic buyers: first-time homeowners seeking a foothold, investors looking for a rental property, or downsizers who want a no-fuss, low-maintenance footprint. Its recent sale history (last sold in 2021) indicates it's a turnkey property in a settled area. A thoughtful perspective is that while the lot is smaller than most, it represents an efficient use of space and could be a benefit for those who view extensive yard work as a chore rather than an asset.
Section 2: Frequently Asked Questions
1. What does the "below average" assessed value mean for me?
A below-average assessed value generally translates to a below-average municipal property tax bill. It can indicate a more affordable entry price, but it's essential to have a current market appraisal, as assessed value for taxes doesn't always equal market value.
2. 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 with the city if it meets all code requirements for a rental suite, as this significantly impacts its value and utility.
3. How does the smaller lot size impact living here?
The land area is notably smaller than area averages. This limits expansive gardening or large outdoor recreation space but minimizes maintenance like mowing and landscaping. It may also mean homes are closer together.
4. The home sold recently in 2021. What does that suggest?
The relatively recent sale suggests the property has likely been occupied and maintained over the past few years. It may also indicate a market-tested value, but the reasons for the quick turnaround should be explored during the buying process.
5. What is the neighbourhood like?
Kildare-Redonda is a mature, established neighbourhood. The home's metrics show it is very typical for the area in terms of size and age, suggesting a community of similar, well-kept homes rather than one with large new developments or drastic variations.