Property Overview: 9 Parade Drive, Winnipeg
Key Characteristics & Appeal
This one-storey home in Kildare-Redonda is a practical property that stands out for its generous, above-average lot size. With 6,155 sqft of land, it offers more outdoor space than most homes in both the immediate neighborhood and the wider city. The living area of 1,047 sqft is comfortably sized for the area and the home benefits from a renovated basement. Built in 1965, it is slightly older than some on its street but typical for Winnipeg. A detached garage adds functional storage or workshop space.
The primary appeal lies in its value proposition and potential. The home’s assessed value is notably below average for its street and area, which can present an opportunity. It suits first-time buyers, downsizers looking for a manageable single-level layout, or value-oriented investors seeking a property with a solid lot size that could allow for future expansion or landscaping projects. It’s a home for those who prioritize space and practicality over modern finishes or a premium assessment.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
While the assessed value is below average for Parade Drive, this is not uncommon and can be influenced by many factors, including specific updates, interior condition, or historical assessment patterns. It often represents a different starting point for market value rather than a direct flaw.
2. Is the renovated basement a legal suite?
The listing specifies a renovated basement but does not state it is a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
3. What is the typical buyer for this street and area?
Parade Drive features homes with a wide range of values. This property, with its larger lot and modest assessment, likely attracts owner-occupants seeking space and community stability, as well as those looking for a property with room to grow in value.
4. How does the lot size compare to newer neighborhoods?
At over 6,000 sqft, the lot is significantly larger than those found in many modern suburban developments. This is a key asset, offering privacy, gardening space, or room for additions like a shed or deck.
5. Where can I find the exact historical sale price?
The exact sold price history is not publicly displayed. The site provides an estimated sold price range and offers to send the precise figures via email upon request, which is a common practice to verify serious interest.