Property Overview: 24 Mossdale Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Kildonan Drive presents a practical and solid opportunity. Built in 1955, its 1,134 sqft living area and renovated basement offer comfortable, efficient living space. A standout feature is the generous 5,675 sqft lot, which ranks in the top 30% for size on Mossdale Avenue, providing ample outdoor space—a relative rarity. The property also includes both an attached and a detached garage, offering exceptional flexibility for parking, storage, or a workshop.
The appeal lies in its balanced, "above-average-within-its-context" profile. While its size and age are typical for the area, it holds its own with a larger-than-standard lot and the value-add of a finished basement. It suits buyers looking for a grounded, no-fuss home in an established neighborhood—perfect for a first-time homeowner, a downsizer seeking single-level living, or an investor attracted by the solid fundamentals and double-garage setup. It’s a property that doesn’t promise luxury but offers tangible, usable assets.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The current assessed value is $37,100. The last recorded sale was in May 2017 for an estimated $25,500-$28,500. This significant gap highlights strong market appreciation over the past eight years and suggests the assessment is much closer to current market expectations.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the extent. Buyers should inquire about the finish quality, ceiling height, permits, and whether it includes a separate entrance or bathroom to fully understand its value and functionality.
3. Is the lot size a major advantage?
Yes. The lot is notably larger than many on the same street (top 30%), offering more private outdoor space and potential for gardening, expansion, or additions than is typical for the immediate area, which adds a less obvious layer of value.
4. What are the benefits of having two garages?
The combination of an attached and detached garage is a significant utility feature. It provides ample space for multiple vehicles, secure storage, or a dedicated workshop area without sacrificing the convenience of attached parking. This is a major plus for hobbyists, families with several drivers, or those needing extra storage.
5. How does this home rank for its age and condition?
Built in 1955, it is average for its neighborhood. Prospective buyers should focus on the specific updates made to major systems (roof, wiring, plumbing, windows) rather than the build year alone, as a well-maintained or updated home from this era can be very sound.