Property Overview: 90 St Martin Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kildare-Redonda is a property defined by its land and location. Built in 1969, the 833 sqft house presents a compact living space that is below the average size for the area. Its primary strength lies in its generous 5,829 sqft lot, which ranks in the top 10% for size on its street and top 17% in the neighbourhood. This creates significant potential for outdoor living, gardening, or future expansion. The home features a renovated basement and a detached garage.
The appeal here is for a practical buyer who values land over square footage. It suits a first-time homeowner, a downsizer, or an investor looking for a solid entry point into the market. The assessed value is consistently around the average for the street, neighbourhood, and city, suggesting a stable, no-surprises valuation. This isn't a luxury property, but a grounded opportunity where the value is tied more to the parcel of land and the established community than to the existing structure. It’s a home for someone who sees potential in the lot itself and is comfortable with a modestly sized, efficiently laid-out living space.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 833 sqft, the living area is indeed below average for the neighbourhood. This makes efficient use of space essential. The renovated basement provides crucial additional functional area, which helps offset the main floor's compact footprint.
2. What makes the lot size significant?
A lot of nearly 6,000 sqft in this area is a notable asset. It offers ample private outdoor space, which is less common in older neighbourhoods. This provides room for additions like a deck, shed, or garden, and is a key factor for future appreciation.
3. How does the assessed value compare to recent sale prices?
The home sold in March 2023 for an estimated $26.5k-$29.5k, which was slightly below the current assessed value of $31.9k at that time. This suggests the assessment is in a realistic range, but consulting a real estate agent for a current market analysis is always recommended.
4. What does the "average" ranking for year built mean?
Built in 1969, the home is typical for the area. Buyers should expect the maintenance and update needs common to houses of this era, but also benefit from established neighbourhoods with mature trees and settled infrastructure.
5. Who would this property not suit?
It likely wouldn't fit a buyer who prioritizes a large, modern interior or open-concept living without a significant renovation budget. The appeal is in the land and location, not in expansive or recently built square footage.