Property Overview: 51 Laurentia Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, one-storey home built in 1965 in the Kildare-Redonda neighbourhood. With 955 sqft of living space and a renovated basement, it offers a practical, single-level layout. A key feature is its detached garage and a land area of over 5,200 sqft, which is notably larger than many lots in the immediate area.
The appeal lies in its strong value proposition within its local context. While the home's size is modest compared to the city average, its assessed value ranks highly for both its street and neighbourhood, suggesting it is viewed as a solid asset in this specific market. This creates an opportunity for buyers seeking a manageable home with a generous yard in an established community, without the premium price of a larger or newer build.
This property would suit first-time buyers looking for a move-in-ready home with expansion potential in the basement, or downsizers who value a single-storey layout and a low-maintenance exterior. It’s a pragmatic choice for those who prioritize lot size and neighbourhood value over sheer interior square footage.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The data shows its assessed value is in the top 17% on its own street and the top 11% within the broader Kildare-Redonda area, indicating it is considered above average for this specific locale, despite its modest size.
2. Is the lot size a significant feature?
Yes. At 5,214 sqft, the lot ranks above average for the street. This provides more outdoor space than many neighbouring properties, which is a valuable and less common asset in older neighbourhoods.
3. What does the "renovated basement" typically mean for a home of this era?
For a 1965 home, a renovated basement often means updated finishes and a conversion to livable space, such as a family room or additional bedroom. It’s important to clarify the scope, permits, and the current layout to understand the added functional space.
4. The home seems smaller than the city average. Who is this best for?
The living area is below the Winnipeg average, making it ideal for individuals, couples, or small families who don’t require extensive square footage. The appeal is in the efficient use of space, the renovated basement, and the larger-than-average lot for the area.
5. Where can I find the exact historical sale prices?
The listed sale prices from 2016 and 2019 are estimated ranges from public data. You can request the exact, verified sold price history by emailing the site directly through the provided form. They provide this data manually and do not use the request for marketing spam.