Property Overview
This 955 sqft, one-storey home at 67 Sark Crescent in Winnipeg's Kildare-Redonda neighbourhood presents a practical and affordable entry point into the market. Built in 1966, it sits on a slightly larger-than-average lot for the immediate area. The home features a renovated basement, adding valuable finished living space. Key data points show its assessed value is below average for its street and neighbourhood, which can signal an opportunity for value-conscious buyers, though the living space is modest by city-wide standards. Its recent sale in late 2024 fell within a competitive price range for the area.
Section 1: Key Characteristics & Appeal
The primary appeal of this property lies in its balance of essential updates and a manageable footprint. The renovated basement is a significant functional advantage, effectively expanding the usable space of the sub-1,000 sqft main floor. Its lot size is a quiet asset, offering more outdoor space than many neighbouring properties, which is a notable perk in an established neighbourhood.
This home is best suited for first-time buyers, downsizers, or practical investors seeking a straightforward, no-frills property. It fits those who prioritize location and lot size over a large interior and are comfortable with a home whose assessed value suggests it may benefit from further modernization. The one-storey layout also appeals to those looking for accessibility or single-level living.
A less obvious perspective is its position as a "neighbourhood-conform" property. Its metrics are consistently average or slightly better within Kildare-Redonda itself, meaning it aligns well with the local market fabric. This can offer stability and predictability, unlike a property that stands out as excessively large or small for the area.
Section 2: Frequently Asked Questions
1. What does the below-average assessed value for the street indicate?
It typically suggests the property is valued lower than many of its direct neighbours. This can be due to its more modest size, the specific timing of assessment, or the scope of renovations compared to nearby homes. It often represents a lower property tax base.
2. Is the living space sufficient for a small family?
At 955 sqft on the main floor, the space is compact. The renovated basement is crucial, providing necessary additional room for a family room, office, or extra bedroom, making it functional for a small or starter family.
3. What are the implications of a 1966 build date?
While the home is structurally mature, this age means core components like the roof, windows, plumbing, and electrical systems may be at or beyond their typical lifespan. The renovated basement is a plus, but potential buyers should budget for updates to the original parts of the house.
4. How does the lot size compare meaningfully?
At over 5,000 sqft, the lot is above average for both the street and the neighbourhood. This translates to more private outdoor space, better potential for gardening, parking, or additions, and a less crowded feel than properties on smaller lots.
5. Why is the sold price shown as a range?
The provided range is based on publicly available market data. To protect precise transaction details and ensure accuracy, the exact sale price is available upon direct request, a common practice for detailed historical sales information.