Property Overview: 597 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 characteristics include an 833 sqft living area, a renovated basement, a detached garage, and a generous 4,997 sqft lot. Built in 1971, the home is notably well-maintained for its age, evidenced by its above-average assessed value ranking on its own street.
The primary appeal lies in its solid foundation and the potential inherent in its spacious lot. While the living space is compact, the renovated basement adds functional square footage. The property suits first-time homebuyers seeking an entry point into homeownership with manageable upkeep, or practical investors looking for a stable rental property. A less obvious perspective is its appeal to those who prioritize land size over interior size—the lot offers room for gardening, expansion, or simply more private outdoor space than many newer infill properties. Its strong assessed value relative to immediate neighbors suggests it's a well-regarded asset on the block.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 833 sqft, the living area is slightly below the average for both the Kildare-Redonda area and Winnipeg city-wide, making it a more compact, efficient layout. The lot size, however, is above average for the immediate street.
2. What does the assessed value tell us?
The assessed value of $32,600 is above the average for Mcmeans Avenue E, indicating that for its age and location, the property is in good condition or has features that add value compared to its direct neighbors.
3. Has the property been updated?
The listing confirms a renovated basement, which adds modernized living space. The age of other major systems (roof, wiring, plumbing) should be verified through a professional inspection.
4. Is there room for future expansion?
The nearly 5,000 sqft lot provides a significant opportunity. Subject to local zoning bylaws, there is potential for additions, a garage suite, or landscaping projects not possible on smaller lots.
5. How can I find out the exact historical sale price?
Exact sold prices are not publicly displayed. The listing service provides an estimated range (e.g., $22.5k ~ $25.5k for April 2017) and offers to provide the precise figure via email request at no cost.