Property Summary: 462 Mcmeans Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kildare-Redonda presents a compelling blend of modest living space and significant lot value. Its key characteristic is an exceptionally large lot for the immediate area—over 6,000 sqft, placing it in the top 3% of properties on Mcmeans Avenue E. This offers rare potential for expansion, gardening, or outdoor living in this neighbourhood. The home itself, built in 1972, is of average size for the street and features a renovated basement and a detached garage.
The primary appeal lies in its land value and solid positioning within its local context. While the living space is below the citywide average, its assessed value is strong for both the street and the Kildare-Redonda area, suggesting good inherent value relative to its peers. The renovated basement adds functional living space. This property would suit a practical buyer looking for a manageable home with a standout yard, or an investor/owner who sees long-term value in the land itself. It’s a home for someone who prioritizes outdoor space and neighbourhood value over a large interior footprint.
Section 2: Frequently Asked Questions
1. How does the home's value compare to its neighbours?
The assessed value is above average for both the immediate street and the broader Kildare-Redonda area, ranking in the top 23% locally. This indicates the property is valued more highly than many comparable homes nearby, likely influenced by the large lot size and renovated basement.
2. What is the significance of the lot size?
At 6,004 sqft, the lot is significantly larger than the average for both the street (top 3%) and the Kildare-Redonda area (top 14%). This is a major asset, offering more privacy, space for additions like a deck or shed, or future development potential compared to most neighbouring properties.
3. Is the living space considered small?
At 988 sqft, the living area is around the average for the street and neighbourhood but below the average for the entire city. It represents a more compact, efficient layout suitable for smaller households or those not requiring extensive square footage.
4. What does the sold price history indicate?
Public records show it last sold in early 2017 for an estimated range of $255k-$285k. For a precise sold price, you can request the exact figure via email from the listing source.
5. Are homes on this street similar in age and size?
Yes. The home was built in 1972, which is around the average age for the street. The living area is also very close to the street's average, meaning this property is typical of the area's housing stock in terms of era and interior scale, but distinguished by its larger parcel of land.