Property Overview: 408 Kildare Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-situated, one-storey home in the Kildare-Redonda neighbourhood, built in 1959. With just over 1,000 square feet of living space, its size is very typical for the immediate area. A key feature is the renovated basement, adding functional living space. The property sits on a notably generous lot for the neighbourhood—over 5,650 square feet—which ranks in the top 22% locally, offering above-average outdoor space and potential.
Its appeal lies in its solid positioning within a stable community. The home is not an outlier in size or assessed value but represents a comfortable, average offering for the street and area. This makes it a predictable and straightforward option in the market. The large lot is a significant asset, providing room for gardening, play, or future expansion where many neighbouring properties might not. The detached garage adds practical storage or workshop space.
This property would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established neighbourhood. It’s also a sensible fit for a value-conscious buyer who prioritizes land size over a large interior, seeing the lot as a long-term asset. The renovated basement adds immediate utility, making it move-in ready for someone needing extra room for a family, home office, or hobbies.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
Based on assessed value, this home is very typical for both Kildare Avenue East and the broader Kildare-Redonda area, ranking near the middle. Its last sold price in 2024 was, however, in a higher percentile, suggesting it may have been updated or was in high demand at that time.
2. What is the significance of the lot size?
At 5,652 sq ft, the lot is larger than most in Kildare-Redonda (ranking in the top 22%). This is a standout feature, offering more private outdoor space than is common and could be a key factor for future enjoyment or resale.
3. Is the home older than others nearby?
Yes. Built in 1959, it is older than the average home in the Kildare-Redonda area (where the average build year is around 1966). On its own street, however, its age is more typical. Buyers should factor in the age-appropriate maintenance for a home of this era.
4. What does the sales history indicate?
The home sold previously in 2019 and again in mid-2024. The price range increased significantly between those sales, which could reflect market changes, renovations (like the basement), or both. Requesting the exact sold prices can provide clearer insight into its recent market trajectory.
5. Who should consider requesting the exact sold price history?
Serious buyers who are comparing this home directly to others on a detailed financial basis should request the exact figures. This data helps in making precise offers and understanding how this property’s value has been realized in actual transactions, beyond assessed estimates.