Property Overview: 67 Minikada Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in the Kildare-Redonda neighbourhood, built in 1966. With 955 sqft of living space and a renovated basement, it offers efficient, single-level living on a standard 5,097 sqft lot. The home lacks a garage or pool, positioning it as a practical, no-frills property.
Its primary appeal lies in its strong value proposition within its immediate area. While its size is below the city-wide average, it ranks above average for its assessed value on its own street, suggesting it is well-regarded in a local context. The renovated basement adds functional living space. The lot size is typical for the area, offering manageable outdoor space without excessive upkeep.
This home would suit first-time buyers, downsizers, or practical investors seeking an entry into the market with a solid foundation in an established neighbourhood. It’s for someone who values a renovated basement for extra room or rental potential over above-grade square footage and who prefers a manageable property without the maintenance of a larger lot or additional structures like a garage.
A less obvious perspective is that its "around average" metrics in the neighbourhood across several categories indicate stability and predictability, not mediocrity. In a market of extremes, this property represents a known quantity with little risk of being an outlier in either direction.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 955 sqft, the living area is very close to the average for both Minikada Bay (970 sqft) and the wider Kildare-Redonda area (966 sqft). It is, however, notably smaller than the Winnipeg city-wide average for comparable homes.
2. What does the assessed value tell us?
The assessed value of $33,100k ranks above average on its own street and around average in the broader neighbourhood and city. This suggests the property is considered a sound asset relative to its direct peers.
3. Is the lot size a pro or a con?
The lot is approximately 5,100 sqft, which is standard for the area. It provides adequate outdoor space for gardening or recreation without demanding the high maintenance of a much larger yard, appealing to those seeking balance.
4. What is the significance of the sold price history?
The home sold previously in August 2017 for an estimated range of $19.50k to $22.50k. For context, that sale price was at the top of the range for the street and area at that time. The exact price can be requested via email from the listing service.
5. Who might this property not suit?
Buyers requiring ample above-grade space, a garage for vehicle storage, or a modern, open-concept layout may find this home limiting. Its appeal is geared toward those who prioritize location value, a renovated lower level, and manageable scale over expansive or brand-new features.