Property Summary: 657 Kildonan Drive
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1949, presents a practical opportunity in Winnipeg. Its key appeal lies in its balance of a generous, above-average citywide lot size (7,913 sqft) with a modest, renovated basement and a detached garage. The living space (1,222 sqft) is comfortable and sits around the city average, making it a manageable size for many households.
The property’s value proposition is nuanced. Its assessed value is notably below average for its immediate street, which can signal an entry point into the area. However, when viewed in the broader neighbourhood and city context, the assessment aligns more closely with norms. This suggests a home that may offer relative affordability on its block while still providing the benefits of a larger-than-typical urban lot. It would suit first-time buyers, downsizers, or practical investors looking for a solid foundation with outdoor space, without the premium often attached to larger or fully modernized homes. The 2019 sale history indicates a stable, established presence in the area.
Frequently Asked Questions
1. Is the below-average assessed value for the street a concern?
Not necessarily. It often reflects the home’s specific characteristics, like its living area which is also below the street average. This can be an advantage, potentially leading to a slightly lower property tax burden compared to immediate neighbours.
2. What does the lot size mean for potential use?
At nearly 8,000 sqft, the lot is significantly larger than the Winnipeg average. This offers ample room for gardening, recreational space, or future additions like a shed or deck, which is a notable perk for a city property.
3. How updated is the home?
The listing confirms a renovated basement, which is a positive. For the condition of major systems (roof, wiring, plumbing) and the main living areas, a professional inspection is recommended, given the home’s age.
4. What is the neighbourhood context?
The home sits on a street with properties of generally higher assessed values and larger living areas, suggesting a well-established area. Its value ranks more competitively when compared to the wider neighbourhood and city.
5. How can I find out the exact past sale price?
The exact sold price from June 2019 is not publicly displayed in the listing data. You can request this information directly via the provided email option on the listing page to receive a manual reply with the precise figure.