Property Summary: 556 Mcmeans Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kildare-Redonda presents a practical and value-oriented opportunity. Its key characteristic is a well-balanced profile: a modest 833 sqft renovated living space is paired with a notably generous lot of nearly 5,000 sqft for the area. The home’s assessed value ranks highly on its own street, suggesting it is viewed favorably relative to its immediate neighbors. A detached garage and renovated basement add functional utility.
The appeal lies in its efficiency and lot potential. It suits buyers seeking an affordable, low-maintenance footprint without sacrificing outdoor space—ideal for a first-time homebuyer, a downsizer, or an investor. A thoughtful perspective is that while the living area is compact city-wide, the above-average lot size offers valuable flexibility for gardening, expansion, or simply enjoying more private outdoor space than is typical for the price point in this locale.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 833 sqft, the living area is below the city-wide average but is quite typical for the immediate Mcmeans Avenue area. It represents a more compact, efficient layout.
2. What does the assessed value ranking indicate?
The assessment is in the top 13% on its own street, meaning it is valued higher than most comparable homes on Mcmeans Avenue. This often reflects updates, condition, or desirable lot attributes.
3. Is the lot size a significant feature?
Yes. The 4,999 sqft lot ranks above average for the street, providing more yard space than many neighboring properties. This is a key asset of the property.
4. When was the home last sold, and for approximately how much?
Public records indicate a sale in May 2017 for an approximate price range of $24.5k to $27.5k. The exact price can be requested directly from the listing source.
5. What is the neighborhood context for this home?
It’s in a mature, established area (homes typically built in the 1960s-70s). The property metrics show it aligns closely with the averages for the Kildare-Redonda area, making it a very representative home for the neighborhood.