Property Overview: 612 Coldstream Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a 5,000 sqft lot presents a practical and comfortable living option in the Kildare-Redonda neighbourhood. Its key appeal lies in its balance of space and manageability. With 998 sqft of living area, it is very typical for its immediate street and area, offering a sensible footprint for a smaller household or first-time buyers. A significant feature is the renovated basement, which adds functional living space and modern convenience without the need for immediate upgrades.
The property stands out on its street in two less obvious ways. First, its assessed value is notably above average for Coldstream Avenue, suggesting it may be in better condition or have more desirable features than many direct neighbours. Second, the lot size is among the larger ones on the block, offering above-average outdoor space for the locale—a valuable asset for gardening, recreation, or future expansion.
This home would best suit buyers looking for a move-in-ready, single-level layout in a mature neighbourhood. It’s ideal for first-time homeowners, downsizers, or investors seeking a property with a renovated basement and a solid, established lot size that performs well within its specific community context.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 998 sqft, the living area is very close to the average for both Coldstream Avenue (981 sqft avg.) and the wider Kildare-Redonda area (966 sqft avg.). It offers a standard, manageable size for the neighbourhood.
2. What does the assessed value tell us?
The assessed value of $32,700 is above the street average, ranking in the top 18% of 17 homes on Coldstream Avenue. This often indicates the property is in good relative condition or has features valued above the local norm.
3. Is the lot a good size?
Yes. The 5,000 sqft lot is above average for the street, ranking 3rd largest out of 17 properties. This provides more private outdoor space than many neighbouring homes.
4. How old is the property, and what does that mean?
Built in 1962, the home is typical for the area. While some systems may be original, the renovated basement shows an important update. Buyers should budget for standard maintenance expected of a home of this age.
5. What is the recent sales history?
The home sold in April 2023 for between $30,500 and $33,500. This recent sale provides a clear, current benchmark for its market value in the area.