Property Overview
151 Slater Avenue is a one-storey home in Winnipeg's Kildonan Drive area, built in 1958. With 1,046 sqft of living space and a 5,629 sqft lot, it sits on a quiet street with a detached garage. A key feature is its renovated basement. The home presents a practical, no-frills opportunity in a mature neighbourhood.
Key Characteristics & Appeal
This property’s primary appeal lies in its value and simplicity. It is a modestly-sized, single-level home, which makes it manageable for first-time buyers, downsizers, or investors. The renovated basement adds functional living space without the need for immediate work. While its living area is below average for its immediate street, its assessed value is notably low compared to neighbours, suggesting a potentially accessible entry point into the area.
The lot, though smaller than others on Slater Avenue, is still a good size city-wide, offering decent outdoor space. The home suits buyers looking for a straightforward, ground-level layout in an established community, who prioritize a move-in-ready basement and a lower tax assessment over modern square footage. It’s a pragmatic choice rather than a premium one, ideal for those who see value in a solid foundation they can personalize over time.
Frequently Asked Questions
1. What does the "renovated basement" typically include?
While specifics should be verified by a viewing, a listing noting a renovated basement usually indicates finished living space that may include areas like a rec room, additional bedrooms, or a modernized bathroom, making it immediately livable.
2. How does the lower assessed value affect property taxes?
A lower assessed value generally results in lower municipal property taxes compared to neighbouring homes, which can be a significant ongoing savings for the homeowner.
3. Is a one-storey home with a basement suitable for aging in place?
The single-level main floor can be advantageous, but full accessibility depends on the presence of steps at entries and the basement's configuration. The renovated basement could allow for a potential separate suite for a caregiver, subject to local regulations.
4. What are the implications of the home's size ranking below street average?
It means the living space is more compact than most direct neighbours. This isn't uncommon for original floor plans in older areas and often translates to a lower purchase price, but it's important to ensure the layout meets your spatial needs.
5. Why is the last sold price from 2016 shown as a range?
Public records sometimes only provide sale price ranges. To obtain the exact historical sale price, you can request it directly from the site via the provided email link, as they manually retrieve the precise figure from proprietary data.