Property Summary: 198 Cheriton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Cheriton Avenue in the Kildonan Drive area presents a compelling opportunity, particularly for its space and established setting. Its key strength is its generous proportions: at 1,678 sqft, the living area is notably larger than most comparable homes in its immediate area and across Winnipeg. This is complemented by a substantial 7,067 sqft lot, offering ample outdoor space. The home, built in 1961, benefits from a renovated basement, a detached garage, and a rare feature for the area—a private pool.
The appeal lies in its above-average footprint and outdoor amenities within a mature neighbourhood. It suits buyers looking for room to grow, entertain, or simply enjoy more square footage indoors and out without moving to a newer, more distant suburb. It’s a practical choice for families, multi-generational households, or anyone who values a large yard and the potential for summer recreation right at home. A thoughtful perspective is that while the home’s assessed value is strong locally, it sits closer to the city-wide average, which could indicate a relative value proposition compared to newer builds with similar space.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
The living area is in the top 6% for Cheriton Avenue and the top 18% for the broader Kildonan Drive area, meaning it is significantly larger than most homes used for comparison in its locale.
2. What is the property’s recent sales history?
Public records indicate a sale occurred in July 2020, with a price range between $335,000 and $365,000. The exact sold price can be provided upon request.
3. Is the pool a common feature for this area?
No, a private pool is an uncommon amenity for this neighbourhood, offering a distinctive lifestyle benefit not found in most nearby properties.
4. How does the lot size compare?
The land area is in the top 12% for the street and the top 16% city-wide, confirming the lot is well above average in size, which is a key asset.
5. What might the assessed value indicate?
With an assessed value of $404,000, the property ranks above average for its street and local area. Its city-wide ranking (top 37%) suggests its value is more aligned with the broader Winnipeg market, which can be a point of stability.