Property Overview: 190 Cheriton Avenue, Winnipeg
Key Characteristics & Appeal
This 1959 one-storey home in Kildonan Drive presents a solid, grounded opportunity. Its primary appeal lies in its generous 7,068 sqft lot, which is notably larger than most in the immediate area and across Winnipeg, offering valuable outdoor space and future potential. The 1,119 sqft living area is comfortably average for the neighborhood, and the home features a renovated basement and a detached garage.
The property suits practical, value-oriented buyers. It’s ideal for someone seeking a manageable single-level layout on a substantial lot, where the land itself is a key asset. First-time homeowners or downsizers might appreciate the scale, while the above-average lot size could attract those envisioning additions, gardening, or simply more private outdoor space than is typically available. The home’s assessed value positions it as a moderate entry into the market, and its renovated basement adds functional living space. A thoughtful perspective is that this home represents a balance: it’s not the newest or largest house, but it offers a rare lot size in an established area, suggesting a long-term value rooted more in the land than the structure.
Frequently Asked Questions
1. How does this home compare to others on the street?
The home is competitively positioned. Its living area and assessed value are around the neighborhood average, but its lot size is significantly larger, ranking in the top 6% on Cheriton Avenue.
2. What is the significance of the "renovated basement"?
While the listing confirms the basement is renovated, specifics on the finish quality, permits, or the nature of the renovation (e.g., legal suite, recreational room) are not provided. This would be a key point for buyer due diligence.
3. The sold price history shows a range for 2016. Why isn't the exact price listed?
Exact sold prices are not part of the public record in Manitoba. The provided range is an estimate based on public data. The listing service offers to provide the accurate figure via email upon request.
4. Is the detached garage original to the 1959 build?
The listing does not specify the garage's construction date. Given the home's age, an inspection would be advisable to confirm the garage's condition and whether it meets current needs.
5. The assessed value seems low compared to typical sale prices. Why?
Municipal assessed values in Manitoba are for taxation purposes and are often calculated using mass appraisal techniques. They are not intended to reflect current market value and can differ significantly from a home's actual selling price.