601 Pandora Avenue E

Property Overview

This one-storey home at 601 Pandora Avenue E in Winnipeg's Kildare-Redonda neighbourhood presents a compelling opportunity centered on space and value. Its key appeal lies in its generous proportions: at 1,448 sqft, the living area is significantly larger than most homes in the immediate area and the wider neighbourhood, placing it in the top 8% and 2% respectively. This is complemented by an ample 6,617 sqft lot, offering above-average outdoor space. A recently renovated basement adds functional living area. While the home itself is from 1967, its assessed value is notably strong for Kildare-Redonda, ranking in the elite top 2% for the neighbourhood, suggesting a solid investment profile relative to its peers.

The property would suit practical buyers looking for room to grow without the premium price tag of a newer build. It's ideal for those who prioritize interior and yard space over a modern footprint, and for value-oriented investors or homeowners who recognize the advantage of a below-average citywide assessment paired with above-average neighbourhood standings. The detached garage adds utility for hobbyists or those needing extra storage.

Frequently Asked Questions

How does the home's value compare?
The assessed value of $38,700 is considered elite for the Kildare-Redonda neighbourhood (top 2%), meaning it's valued higher than 98% of comparable properties here. Citywide, however, it sits around the average mark, indicating you are getting more house and land for a typical Winnipeg price point.

Is the living space efficient for a one-storey layout?
At 1,448 sqft, the living area is substantially larger than the local average (approx. 1,005 sqft on the street). This suggests a well-above-average floor plan for a bungalow, potentially offering better separation of living and sleeping areas or more spacious rooms.

What does the lot size mean for potential use?
The 6,617 sqft lot is larger than approximately 94% of properties in Kildare-Redonda. This not only allows for more privacy and yard space but also presents future potential for expansions like a larger deck, garden, or shed, subject to local bylaws.

The home was built in 1967. What should I consider?
While the building is from 1967, the renovated basement is a key update. A pre-purchase inspection is especially recommended to understand the condition of major aging components, like the roof, foundation, and plumbing, which is a standard consideration for homes of this era.

How does this property fit in the immediate area?
The data shows the home ranks highly for both size and value on its own street and in the neighbourhood. This implies it is a standout, larger property on Pandora Avenue E, potentially offering a sense of space that immediate neighbours may not have.