906 Leola Street

Property Overview

This one-storey home at 906 Leola Street in Winnipeg's Kildare-Redonda neighbourhood presents a practical and straightforward living opportunity. Built in 1959, its key characteristics include just over 1,000 square feet of living space, a renovated basement, and a detached garage. The lot size of 4,361 sqft is notably larger than many in the immediate area, offering more outdoor space than typical for the street. Recent sales history and assessed value data suggest it sits firmly in the mid-range for the local market.

The appeal lies in its uncomplicated, functional layout and its position as a relatively average property within a well-established community. It’s not the newest or largest home, but it offers solid fundamentals: usable space, a updated basement, and a decent-sized yard. This property would suit first-time buyers seeking an entry point into homeownership without major surprises, or practical-minded investors looking for a manageable rental property. A less obvious perspective is that its "average" metrics within the neighbourhood could be a stability advantage, insulating it from being over-improved for the area or standing out for the wrong reasons.

Frequently Asked Questions

1. How does this home compare to others on the street and in the area?
The data shows this home is very typical for Leola Street itself, ranking around the middle for living area, value, and year built. Its lot size, however, is above average for the street. Compared to the wider Kildare-Redonda area, the living space is average, but the lot is smaller than the area norm.

2. What does the sold price history indicate?
The home sold in May 2020 for an estimated range of $235,000 to $265,000. This sale price ranked near the middle compared to other sales on the same street and was above the average rank for the city at that time, indicating it was a fairly standard transaction for its core location.

3. Is the basement finished, and what does "renovated" mean?
The listing confirms the basement is renovated. Prospective buyers should inquire about the scope, quality, and permits for this renovation, as well as the basement's ceiling height and moisture control, to understand the true nature of the living space.

4. What are the implications of a detached garage?
A detached garage offers flexibility and can reduce noise transfer from vehicles or a workshop into the house. However, it requires going outside to access, which can be a consideration during Winnipeg winters. The condition and distance from the house should be evaluated.

5. Who would this property not be well-suited for?
This home may not suit buyers looking for a modern, open-concept layout, as its one-storey design from 1959 likely features more compartmentalized rooms. It also may not meet the needs of those requiring substantial square footage or a very large yard by city-wide standards.