Property Overview
This is a compact, one-storey home built in 1925 on a standard-sized lot along Henderson Highway in Winnipeg's Kildonan Drive area. Its key feature is a renovated basement, adding valuable finished space to the 813 sqft main floor. The home includes a detached garage. Market data shows it is a smaller and older property compared to most in the city, but its assessed value is relatively moderate for the area. Its most recent recorded sale was in early 2016.
Key Characteristics & Appeal
The primary appeal of this property lies in its simplicity and potential as an affordable entry point into the Winnipeg market. The renovated basement is a significant functional upgrade, effectively doubling the usable living space and offering flexibility for a family room, home office, or additional bedrooms. The detached garage provides storage or workshop space. Its location on a major artery like Henderson Highway offers direct access to amenities and transit.
This home would best suit a first-time buyer, an investor, or a downsizer looking for a manageable, low-maintenance footprint without a major renovation project. The buyer should be comfortable with the character and potential upkeep of a century-old home and the busier nature of a highway-adjacent location. A thoughtful perspective is that while the house itself is below average in size and age for the area, the lot is fairly standard, and the assessed value is not exceptionally low, suggesting the renovations and location provide a balancing value that isn't immediately obvious from the raw square footage or year-built figures.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer should inquire about the quality of the renovation, ceiling height, moisture control, and whether it includes a bathroom or kitchenette.
2. How does traffic noise on Henderson Highway impact the property?
Being situated directly on this major road means some level of traffic noise is constant. Prospective buyers should visit at different times of day to assess the impact for themselves, especially in the yard and with windows open.
3. Why is there such a large gap between the historical sold price and the current assessed value?
The home last sold in early 2016 for a price typical of that period. The current assessed value reflects market changes, city assessment formulas, and the value added by the basement renovation since that last sale.
4. Are the property rankings a cause for concern?
The rankings show this home is smaller and older than many in Winnipeg. This isn't inherently a problem—it simply defines the property's niche. It results in a more affordable price point, and the rankings for land area and assessed value are more average, indicating the lot and perceived market value align more closely with city norms.
5. How can I get the exact sold price history?
The exact sale prices are not publicly displayed. As noted on the detail page, you can request the precise historical data by emailing the listing service directly; they provide this information manually without using your email for marketing.