Property Overview
This one-storey home at 584 Mcmeans Avenue E in Winnipeg's Kildare-Redonda neighbourhood presents a practical and value-oriented opportunity. Built in 1969, it features 1,122 sqft of living space, a renovated basement, a detached garage, and sits on a 4,999 sqft lot.
Key Characteristics & Appeal
The primary appeal of this property lies in its strong positional value within its immediate context. While its size and assessed value are around the city-wide average, it stands out favorably on its own street and in the local area. Specifically, its living space is in the top 7% on Mcmeans Avenue E, and its lot size is in the top 22%, offering more room than many neighbouring properties. The renovated basement adds functional, modernized space. Recent sale activity in early 2025 suggests a stable and active market for homes in this range.
This home would suit first-time buyers seeking a solid entry point into homeownership with some immediate updates already completed, or investors looking for a manageable rental property. It also appeals to those who prioritize lot size and interior space relative to other homes on the same block, offering a sense of value within the micro-market of the street itself. A less obvious perspective is that a home ranking well in its immediate vicinity can often feel like a better relative value and may experience more stable demand from future buyers in the same localized market.
Frequently Asked Questions
1. How does this home compare to others in the area?
The data shows that for living area and lot size, this home ranks above the average for Mcmeans Avenue E and the Kildare-Redonda neighbourhood, meaning it offers more space than many comparable nearby properties.
2. What does "renovated basement" typically include?
The listing confirms the basement is renovated but does not specify the scope. Viewing the property or requesting details from the listing agent is necessary to understand the finishes, layout, and whether it includes a separate entrance or legal suite potential.
3. Is the assessed value the same as the market value?
No. The assessed value ($32,20k) is for municipal tax purposes. The recent sold price range (from early 2025) between $33.50k and $36.50k is a more current indicator of its market value, though conditions can change.
4. What are the implications of a detached garage?
A detached garage offers flexibility and can be ideal for a workshop or storage without impacting main house noise or fumes. However, it requires going outside to access, which can be a consideration during Winnipeg winters.
5. How can I find out the exact historical sold price?
The exact sold price history is not publicly displayed in detail. As noted on the listing, you must request this information directly via email from the site provider, who manually supplies the accurate figure.