Property Overview: 1191 Kildonan Drive
Key Characteristics & Appeal
This is a classic one-storey home built in 1950, offering a comfortable 1,304 sqft of living space with an attached garage and a renovated basement. Its most defining feature is the exceptionally large lot of nearly 20,000 sqft, which places it in the top 1-2% of properties citywide for land area. This creates a rare opportunity for expansion, gardening, or simply enjoying expansive private outdoor space in the city.
The home’s appeal lies in its balance of a solid, updated foundation and significant future potential. While the living space is modest and the assessed value is in line with city averages, the property’s true value is anchored in its land. It suits a practical buyer looking for a manageable single-level layout who also has a vision for the future—whether that’s adding to the home, building a detached workshop, or cultivating extensive gardens. It’s a property where the house itself provides a comfortable starting point, but the land represents the long-term investment and lifestyle asset.
Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg properties?
The lot is exceptionally large at 19,702 sqft. It is roughly three times the size of an average city lot (~6,570 sqft), placing it in the top 1% of all residential properties in Winnipeg for land area.
2. What does "renovated basement" typically mean for a home of this era?
While specifics would require a viewing, in a 1950s home this usually indicates essential updates have been made, such as modernized flooring, lighting, and possibly a finished recreational space or utility area. It’s wise to inquire about the scope of the renovation and any updates to foundational elements like plumbing and electrical.
3. Who would this property best suit?
It’s an ideal fit for buyers who prioritize land and future potential over immediate square footage. This includes growing families planning a future addition, hobbyists or gardeners wanting ample outdoor space, or investors recognizing the value of subdividable land (subject to zoning verification).
4. The last sold price shown is from 2017. How is the current value estimated?
The provided "Assessed Value" of $40.40k is the municipal tax assessment, not a market valuation. Market value is determined by recent sales of comparable homes, with this property’s unique lot size making finding direct comparisons a challenge. A professional appraisal or comparative market analysis is recommended for an accurate current value.
5. Are there any obvious concerns with a house built in 1950?
As with any home over 70 years old, prospective buyers should pay special attention to the condition of major systems. This includes the roof, foundation, wiring, and plumbing. The renovated basement is a positive sign, but a thorough home inspection is essential to understand the condition of original elements that may not have been updated.