Property Overview: 719 Kildonan Drive
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1950, offers 1,504 square feet of living space with a renovated basement and a detached garage. Its primary appeal lies in its balance of established character and practical updates, situated in a mature Winnipeg neighbourhood.
The home’s living space is above average for the city, providing comfortable room for a small family or couple. While the lot size is more compact compared to others on Kildonan Drive, it translates to lower maintenance—a significant plus for those seeking a established area without extensive yard work. The notably low assessed value suggests a potentially accessible entry point into the market, which is a key draw.
This property would suit first-time buyers or downsizers looking for a manageable, updated home in a settled community. It’s a practical choice for those who prioritize interior space and modernized features over a large yard. A less obvious perspective is its potential for buyers who value financial predictability; the below-average assessment could mean relatively lower property taxes compared to neighbouring homes with similar living space.
Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. It often reflects the property’s historical valuation path and can result in lower property taxes. It’s important to distinguish between the municipal assessment for taxation and the current market value, which is determined by recent sales of comparable homes.
2. What does “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and whether it includes added features like a bathroom or legal secondary suite.
3. How does the smaller lot size impact the property?
While the land area is below average for the street, it is around average city-wide. This typically means less outdoor maintenance and can be a benefit for those not wanting extensive gardening or yard upkeep.
4. What is the significance of the home’s “one-and-a-half storey” design?
This classic style often features a main floor with principal rooms and a second floor with sloped ceilings, typically housing bedrooms. It offers a distinct layout compared to a bungalow or two-storey, which may appeal to those wanting a separation of sleeping quarters.
5. Where can I find the exact historical sold price?
The exact sold price is not publicly displayed in the data. The listing service offers to provide the precise figure via email upon request, as the numbers shown are estimated ranges based on public data.