Property Overview: 421 Mcmeans Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 421 Mcmeans Avenue E in Winnipeg's Kildare-Redonda neighbourhood presents a straightforward, entry-level opportunity. Built in 1971, it offers 720 sqft of living space with an unfinished basement, situated on a 3,099 sqft lot. The home has no garage or pool.
Its primary appeal lies in its affordability and position as a practical starting point in the market. The assessed value and recent sale prices are consistently below average for the street, area, and city, indicating a lower financial barrier to entry. The home suits first-time buyers, investors looking for a rental property, or those seeking a minimal footprint without the premium for renovated or larger homes. A thoughtful perspective is that its smaller scale and unfinished basement offer a clear, manageable template for customization according to a new owner's budget and timeline, without the pressure of overpaying for already-finished spaces that may not suit their taste.
Section 2: Frequently Asked Questions
1. How does this home's size compare to others?
At 720 sqft, the living area is below average for the immediate street, the broader Kildare-Redonda area, and Winnipeg overall. This is a compact home, which is reflected in its pricing.
2. What is the property's value history?
Based on available data, it sold in the range of $19.5k–$22.5k in July 2020 and $15.5k–$18.5k in May 2016. Its current assessed value is $25,100.
3. Who would this property be a good fit for?
It is best suited for first-time homebuyers prioritizing affordability, budget-conscious investors, or individuals comfortable with a smaller living space who see potential in a home that may require updates over time.
4. What are the less obvious considerations?
While the lot is smaller than area averages, it requires less maintenance. Also, the home's age (55 years) is actually newer than many in the Kildare-Redonda neighbourhood, which could imply relatively newer core components compared to area peers.
5. How can I find out the exact past sale prices?
The listed prices are ranges from public data. You can request the precise historical sale figures by providing your email to the listing service, which states they will provide the information manually without using your email for unsolicited marketing.