Property Overview: 711 Kildare Avenue E
Key Characteristics & Appeal
This 1968 three-level split home in Kildare-Redonda offers a practical layout with 1,032 sqft of living space and a renovated basement, situated on a standard 5,220 sqft lot with a detached garage. Its primary appeal lies in its strong value proposition within its immediate area. While the home's size is modest compared to the Winnipeg average, it stands out locally with an assessed value that ranks in the top 5% on its street and top 2% in the neighbourhood. This suggests it is viewed as a solid asset within the community, likely due to updates, lot size, or specific location advantages. Recent sale history shows consistent, above-average value performance for the area.
It would suit pragmatic buyers looking for a move-in-ready home with a proven value history in a stable neighbourhood. It's ideal for first-time homeowners, small families, or investors seeking a property with strong local fundamentals and recent renovations, without the premium for city-wide square footage averages.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home's assessed value is $38,300. It last sold in late 2024 for an estimated $36,500-$39,500, indicating the assessment is closely aligned with the very recent market.
2. Is the living space smaller than average?
Yes, but context matters. At 1,032 sqft, it is below the Winnipeg city-wide average. However, it is very close to the average size for both Kildare-Redonda and its specific street, meaning it is a typical home for this locale.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to determine the finish quality, ceiling height, legal egress, and whether it includes a secondary living space, bedroom, or simply updated finishes.
4. How stable is the property's value?
The sale price data from 2017, 2023, and 2024 shows a pattern of value increases that have consistently outperformed local averages. This indicates resilient demand for this home or similar properties in this specific part of Kildare-Redonda.
5. What are the implications of a "Top 2%" assessed value for the neighbourhood?
This high percentile ranking means the municipality attributes a relatively high value to this property compared to its neighbours. It can be a sign of desirable updates or attributes, but it also typically correlates with higher property taxes, so this should be factored into budgeting.