Property Overview: 630 Coldstream Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-situated, single-storey home in the Kildare-Redonda neighbourhood, built in 1963. With 980 sqft of living space and a renovated basement, it offers functional, compact living. The property stands out for its generous 5,000 sqft lot, which is larger than many on its street and in the immediate area, providing valuable outdoor space. Its assessed value is consistent with neighbourhood averages, suggesting it is fairly positioned in the local market.
The appeal lies in its balance. It’s not the largest home citywide, but it holds its own within its established community. The renovated basement adds modern livability, while the detached garage and sizable lot offer flexibility for gardening, expansion, or simply enjoying more private outdoor room than is typical. This home would suit first-time buyers seeking an entry into a stable neighbourhood, downsizers looking for manageable space without sacrificing yard size, or practical investors attracted to a property with fundamentals that align closely with local norms.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 980 sqft, the living area is very close to the average for both Coldstream Avenue and the wider Kildare-Redonda neighbourhood. It’s a comfortably average size for the area, though below the citywide average.
2. What is the significance of the lot size?
The 5,000 sqft lot is a key feature. It ranks in the top 18% on its own street, meaning it offers more land than most direct neighbours. This provides a tangible advantage for privacy, recreation, or future landscaping projects.
3. Is the assessed value a good indicator of the likely selling price?
The assessed value is a municipal valuation for tax purposes. While it aligns with neighbourhood averages, the actual market price is determined by current conditions. The last known sale was between $205k and $235k in mid-2017.
4. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finishes, legal egress, ceiling height, and whether it includes a separate entrance or additional bedrooms.
5. The home was built in 1963. What should I consider?
While the systems and structure are now over 60 years old, the home’s age is typical for the area. The renovated basement is a positive update. A thorough inspection is recommended to assess the condition of the roof, wiring, plumbing, and foundation, which are common focal points for homes of this vintage.