Section 1: Property Overview
This one-storey home on Mossdale Avenue is a practical and affordable entry point into Winnipeg’s Kildonan Drive area. Its key characteristic is its modest, efficient size at 987 square feet, which is smaller than most comparable homes locally. This translates to lower utility costs and less maintenance, a distinct advantage for those seeking simplicity. The home sits on a standard city lot and features a renovated basement and a detached garage. Built in 1955, it is typical for the neighborhood's era.
The appeal lies in its value proposition. With an assessed value consistently below or around area averages, it represents a lower barrier to entry in a stable community. It’s a “right-sized” home, avoiding the premium often paid for extra square footage that may not be needed. This property would suit first-time buyers, downsizers looking to reduce space and upkeep, or pragmatic investors seeking a straightforward rental property. Its renovated basement also adds flexible living or storage space, enhancing its utility beyond its smaller main floor footprint.
Section 2: Frequently Asked Questions
1. Is the smaller living area a significant drawback?
It depends on your needs. For individuals, couples, or those comfortable with efficient layouts, it’s a manageable size that encourages lower living costs. For larger families, the space would feel constrained, though the renovated basement provides crucial extra room.
2. How does the assessed value compare to the likely selling price?
The assessed value is a municipal figure for tax purposes and is often lower than market value. The last known sale was between $28.5k and $31.5k in 2019. A current market evaluation is essential, as prices have shifted significantly since then.
3. What are the benefits of a detached garage?
It provides flexible storage or workshop space separate from the house. However, it also means navigating outdoors in Winnipeg winters, which is a trade-off compared to the convenience of an attached garage.
4. The home is older—what should I be mindful of?
While the basement has been renovated, a 1955 build means core systems (like plumbing, electrical, and the foundation) should be thoroughly inspected. Updates may be functional but could still reflect older building standards in unseen areas.
5. How does this property rank in its immediate area?
The data shows it ranks in the lower half for living space on its own street, meaning most neighbors have larger homes. However, it holds its own in terms of assessed value and land area. This suggests you’re buying into a well-established street, but in one of its more modest homes.