Property Overview: 5 Camrose Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1961, situated on a standard-sized lot in the Kildare-Redonda neighbourhood. Its key features include a renovated basement and a detached garage. The home’s primary appeal lies in its efficient, manageable scale and its position as a solidly average property within its immediate area in terms of value and lot size. It’s not the largest or newest on the block, but it represents a stable, middle-of-the-road option in the market.
This property would suit first-time buyers, downsizers, or practical investors looking for an entry point into a established neighbourhood without a premium price tag. Its below-average living space (914 sq ft) suggests a focus on simplicity and lower maintenance, while the renovated basement adds valuable functional space. A thoughtful perspective for buyers is to see the home’s "average" rankings not as a drawback, but as an indicator of stability and lower risk; it’s a property that closely aligns with the norms of its community, which can be a benefit for long-term value consistency.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 914 sq ft, the living area is below the average for both the immediate street and the city overall. This indicates a more compact, efficient layout compared to many other homes.
2. What is the significance of the assessed value rankings?
The assessed value is consistently around the average mark for the street, the Kildare-Redonda area, and citywide. This suggests the property is valued in line with market norms for its type and location, with no extreme premium or discount.
3. Is the lot size a constraint?
The 5,201 sq ft lot is below average for Camrose Bay but is very close to the average for the wider Kildare-Redonda area. It provides a standard outdoor space typical for the neighbourhood, though it is not among the more spacious lots on the specific street.
4. The home was built in 1961. Should I be concerned?
The age is typical for the street but is actually older than most homes in the broader Kildare-Redonda area. This is a key consideration for maintenance and potential future updates, though the renovated basement shows some modernization has been done.
5. How can I find out the exact historical sale price?
The listed sale price ranges are based on public data. To obtain the exact sold price history, you must request it via email from SaveOnHouse. They provide this detail manually and state they will not use your email for unsolicited marketing.