Property Overview: 503 Kildare Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Kildare-Redonda offers solid, no-fuss living in a mature neighbourhood. Built in 1964, its key features include a renovated basement, a detached garage, and a functional 1,047 sqft layout on a near-standard 4,990 sqft lot.
The primary appeal lies in its established location and practical updates. The home's living space ranks above average for both its street and the wider Kildare-Redonda area, suggesting a comfortable size compared to many nearby properties. The renovated basement adds valuable finished space. Its assessed value is consistently around the median for its immediate area, indicating it is priced in line with neighbourhood norms rather than being an outlier.
This property would suit first-time buyers or downsizers looking for a manageable, single-level home in a stable area without the premium of a brand-new build. It’s also a practical choice for an investor seeking a rental property with recent improvements in a basement suite-ready layout. A thoughtful perspective is that while the home isn't a standout in any single metric city-wide, its strength is in being a reliably average or better performer within its specific community—offering a sense of stability and predictability that can be appealing.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 1,047 sqft, the living area is above the average for both Kildare Avenue East and the broader Kildare-Redonda neighbourhood, offering more interior space than many comparable local homes.
2. What is the significance of the assessed value?
The assessed value of $31,600 is very close to the average for the street and area, suggesting the property is valued consistently with its peers and is not unusually high or low for tax purposes.
3. When was the basement renovated?
The listing confirms the basement has been renovated, but the specific year of renovation is not provided in the public data. This would be a key detail to confirm with the seller or listing agent.
4. What can the 2016 sale price range tell me?
The home sold for an estimated $21,500 - $24,500 in August 2016. This historical data provides a benchmark for past market value, but the current listing price will reflect market conditions nearly a decade later.
5. Is the lot size typical for the area?
Yes. The land area of 4,990 sqft is very close to the average lot size for both Kildare Avenue East and the Kildare-Redonda neighbourhood, making it a standard residential parcel.