43 Shadyside Drive

Property Overview: 43 Shadyside Drive, Winnipeg

Key Characteristics & Appeal

This bi-level home at 43 Shadyside Drive in Kildare-Redonda presents a compelling opportunity centered on its exceptional lot and strong value metrics. The standout feature is the expansive 16,178 sqft lot, which ranks in the top 1-4% compared to neighbours and city-wide, offering rare potential for gardening, expansion, or simply enjoying generous private outdoor space. Built in 1970, the home itself is a manageable 1,040 sqft with a renovated basement and a detached garage. Its assessed value of $50.50k ranks in the elite tier for the immediate area, suggesting a history of solid investment and above-average property worth for the neighbourhood.

The appeal lies in a unique combination: a home with a modest, updated footprint on a premium, sizable lot in a well-established area. It suits practical buyers looking for a solid foundation—whether that's a first-time homeowner wanting room to grow, a downsizer seeking a manageable home with a large yard, or an investor attracted by the strong assessed value and land asset. The data indicates you're purchasing a property that outperforms most peers on the street and in the neighbourhood on key metrics like land size and value, offering a sense of relative security and potential in a mature community.

Frequently Asked Questions

1. What does the "Elite" ranking for Assessed Value actually mean?
It means this home's official assessed value is higher than 96-99% of comparable homes on its street and in the Kildare-Redonda neighbourhood. This typically reflects factors like the large lot, renovations, and overall property condition relative to the area.

2. Is the living space too small?
At 1,040 sqft, it's above average for Kildare-Redonda but around the city-wide average. The renovated basement and bi-level layout help maximize usable space. It's a fit for those who prioritize efficient living areas paired with a large yard, rather than extensive interior square footage.

3. How recent is the basement renovation?
The provided details confirm the basement is renovated but do not specify the date or scope. This would be a key point to clarify with the listing agent or through a home inspection.

4. Why is the sold price history shown as a range?
The ranges are based on publicly available data. For precise historical sale figures, you can request the exact sold price directly via the provided email service, which manually verifies the records.

5. The home was last sold in 2022. What does that mean for me?
It indicates the current owners have held the property for a relatively short period (about 2-3 years). Understanding their reason for selling can provide useful context, and it also means the most recent sale price is relatively current market data.