Property Overview: 418 Kildare Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kildare-Redonda presents a clear value proposition centered on its land. Built in 1956, the 863 sqft living area is modest and below average for the area, but it sits on a notably large, 6,497 sqft lot—a standout feature that ranks in the top 7% of the immediate neighborhood. The home includes a renovated basement and a detached garage. Its assessed value is positioned below local averages, suggesting a potentially accessible entry point.
The primary appeal lies in its significant outdoor space relative to its price, offering room for expansion, gardening, or recreation that is harder to find in newer subdivisions. This property would best suit practical buyers who prioritize land size over a large existing footprint, such as first-time homeowners comfortable with a smaller living space, or investors and handy individuals who see potential in the lot itself for future development or gradual improvements. It’s a grounded choice for those who value outdoor privacy and see the underlying asset—the land—as the key long-term value.
Section 2: Frequently Asked Questions
1. Is the smaller living area a major drawback?
While the living space is below the neighborhood average, the renovated basement adds functional space. The trade-off is the generous lot size, which can offset the smaller interior for those who value outdoor room.
2. What does the assessed value tell me about the price?
The assessed value is below average for the street, area, and city. This typically indicates a lower property tax burden and can signal a more affordable purchase price, but the final sale price is determined by the market.
3. How does the large lot size benefit me?
Beyond extra yard space, a larger lot in an established neighborhood offers flexibility. It could allow for additions like a shed, a larger garden, or even a future extension (subject to zoning), which is a rarity in many urban lots.
4. The home is older—what should I be concerned about?
A 1956 build means original components like plumbing, electrical, or the roof may need inspection or updating. However, a renovated basement shows some modernization has begun.
5. Where can I find the exact historical sale price?
Exact sold prices are not publicly displayed in detail here. You can request the precise history via email from the site; they provide this data manually without using your email for marketing.