Property Overview
This one-storey home at 475 Mcmeans Avenue E in Winnipeg's Kildare-Redonda neighbourhood presents a practical and value-oriented opportunity. Its key appeal lies in a combination of a recently renovated basement and a lot size that is notably generous for its immediate street. With 833 sqft of living space, the house itself is compact, ranking around average for the local area but below the citywide average, suggesting a efficient, low-maintenance footprint.
The property stands out for its assessed value, which is in the top 14% on its own street, indicating it is viewed favorably relative to its closest neighbours. The detached garage and larger-than-average lot (nearly 5,000 sqft for the area) offer valuable outdoor space and storage potential not always found in homes of this era. It would suit a first-time buyer looking for a solid entry point with room to grow outdoors, or a downsizer seeking a manageable single-level layout without sacrificing yard space. Its value ranking also makes it a candidate for an investor or buyer focused on long-term property value stability in a well-established area.
Frequently Asked Questions
1. How does the home's size compare to others?
At 833 sqft, the living area is slightly below the average for the broader Kildare-Redonda area but is quite typical for homes on Mcmeans Avenue E itself. This points to a neighbourhood of modestly sized, character homes.
2. What does the high assessed value ranking on the street mean?
Ranking in the top 14% for assessed value on its street suggests that, according to municipal valuation, this property holds more value than most of its direct neighbours. This can be influenced by the renovated basement, lot size, and overall condition.
3. Is the lot size a significant feature?
Yes. The lot of 4,998 sqft ranks in the top 31% on its street, meaning it's larger than many adjacent properties. This provides a tangible advantage for outdoor use, gardening, or future expansion compared to other homes on the block.
4. When was the home built, and what should I consider?
Built in 1970, the home is of a vintage where major components like the roof, windows, and heating system may be at or beyond their typical lifespan. A thorough inspection is recommended to budget for any upcoming updates.
5. How can I find out the exact historical sale price?
The listed sale price is a range based on public data. The exact sold price is available by emailing a request through the listing page. This service is provided manually without marketing spam.