Property Overview: 174 Cheriton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home on a generous 6,173 sqft lot presents a solid opportunity in Winnipeg's Kildonan Drive area. Built in 1958, its key appeal lies in its above-average land size for the immediate street and city-wide context, offering more outdoor space than many comparable properties. The home features a renovated basement and a detached garage. With 1,004 sqft of living space, it is modestly sized but sits around the average for its specific neighborhood street.
The property’s assessed value of $390k positions it as a higher-value home on its own street but aligns with averages in the broader area and city, suggesting a premium for its lot and condition. It suits practical buyers looking for a established neighborhood character, value in the land itself, and the flexibility a renovated basement and detached outbuilding provide. It’s a strong fit for first-time buyers seeking a manageable footprint with room to grow outdoors, or for downsizers who prioritize a single level but still want a substantial, private yard.
A less obvious perspective is that this home represents a "land-value" proposition in an older neighborhood; its worth is significantly anchored in its sizable plot rather than its interior square footage. The data also indicates the home has been maintained or updated in ways that have lifted its assessed value noticeably above its direct street peers.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 1,004 sqft, the living area is slightly below average for the wider Kildonan Drive area and the city, but is actually around the average for homes specifically on Cheriton Avenue itself. This suggests the street consists of cozier, character homes.
2. Why is the assessed value relatively high for this street?
The assessed value of $390k ranks in the top 21% on Cheriton Avenue. This is likely due to a combination of the home's above-average lot size, the renovated basement, and overall condition compared to neighboring properties.
3. What is the significance of the lot size?
The 6,173 sqft lot is a standout feature, ranking in the top 20% on its street and top 27% city-wide. This means you're getting more outdoor space than most comparable properties, which is a valuable and permanent asset.
4. When was it last sold and for approximately how much?
The home was sold in November 2020. Public data indicates a sold price range between $34.50k and $37.50k, though the precise figure requires a direct request to the listing source for accuracy.
5. What type of neighborhood is Cheriton Avenue in?
Located in the Kildonan Drive area, it's an established neighborhood with homes primarily from the mid-20th century. The property metrics show a mix of home sizes and values, indicating a mature, stable community without extreme uniformity.