46 Parade Drive

Property Overview: 46 Parade Drive

Key Characteristics & Appeal

This well-situated one-storey home at 46 Parade Drive in Winnipeg's Kildare-Redonda neighborhood presents a practical and comfortable living opportunity. Its primary appeal lies in its generous and efficiently laid-out living space. At 1,304 sqft, the home offers significantly more room than most in its immediate area and neighborhood, ranking in the top 9% and 3% respectively for living area. This makes it a standout for buyers seeking spaciousness without a sprawling footprint.

The home features a renovated basement, adding valuable finished space, and a detached garage. Built in 1963, it is typical for the area and represents a solid, established build. The lot size is slightly below average for Parade Drive but is consistent with the neighborhood standard, offering manageable outdoor space. Its assessed value is above average for Kildare-Redonda, suggesting it is a recognized and substantial property within this sought-after area.

This property would ideally suit a buyer looking for move-in readiness with the basement work already completed, who values space and location over a brand-new build. It’s a strong fit for small families, professionals, or downsizers seeking single-level living with the bonus of a developed lower level for guests, hobbies, or extra storage. The data indicates it offers a "best-in-class" size for the neighborhood, which is a compelling, less obvious advantage for long-term value and livability.

Frequently Asked Questions

1. How does the living space truly compare to other homes?
The 1,304 sqft of living area is a key asset. It is notably larger than the average home on its street (~1,098 sqft) and in the wider Kildare-Redonda neighborhood (~966 sqft), placing it in the top tier locally for interior space.

2. What does the "above average" assessed value for the neighborhood mean?
With an assessed value ranking in the top 17% for Kildare-Redonda, the property is officially valued higher than most comparable homes in the area. This often reflects a combination of its larger size, renovations, and desirable location within the community.

3. Is the lot size a drawback?
At 5,249 sqft, the lot is slightly smaller than the average on Parade Drive but is very close to the neighborhood average. It provides ample yard space for gardening or recreation without the high maintenance of a much larger plot.

4. What are the implications of the home's age (1963)?
The age is standard for the area. Buyers should budget for updates consistent with a home of this vintage, but can also expect mature landscaping and a well-established community feel. A thorough inspection is always recommended.

5. Who would this home not suit?
It may not be ideal for those seeking a very large lot, an ultra-modern open-concept layout (without further renovation), or an attached garage. It is best for those who appreciate the character and space of a well-maintained, established home.