Property Overview: 107 Kildare Avenue W, Winnipeg
Key Characteristics & Appeal
This home presents a clear value proposition in Winnipeg’s Radisson neighborhood. Its most defining characteristic is its significantly below-average assessed value of $214k, which ranks in the top 1-2% lowest for both its street and immediate area. This positions it as a notable entry-point opportunity in the market. The 920 sqft living space is modest but practical, and its 1920 build date indicates a character home with potential heritage charm, though it will likely require more upkeep than newer builds. The lot size is also smaller than area averages.
The appeal lies in affordability and opportunity. It suits first-time buyers, investors, or downsizers seeking a lower barrier to entry into homeownership. The price point allows room for a renovation budget or simply offers manageable monthly costs. A thoughtful perspective is that its older age and smaller size, while less modern, can translate to lower utility bills and a cozier, more efficient footprint compared to larger, draftier character homes. It’s a property for a pragmatic buyer who sees potential rather than perfection, possibly as a long-term hold in an area where newer, larger homes command much higher values.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighboring homes?
The assessed value is based on factors like the home's age (1920), smaller living area, and modest lot size compared to the neighborhood, which consists mostly of homes built decades later. This reflects its current market position as a more affordable option.
2. What should I consider due to the home's age?
As a 106-year-old home, potential buyers should budget for and investigate the condition of major aging components like the foundation, roof, plumbing, and electrical systems. An inspection is essential, but the vintage also offers unique character often absent in newer builds.
3. How does the smaller lot size impact the property?
The 3,399 sqft lot is smaller than average, meaning less outdoor maintenance and yard space. This could be a positive for those seeking low-maintenance living, but may limit options for large additions, pools, or extensive gardening.
4. The sold price history shows a range. How can I get the exact figure?
The site provides sold price ranges for non-members. To receive the exact historical sold price for this property, you can request it via email from the site administrators, who will perform a manual lookup.
5. Is the living space sufficient for a family?
At 920 sqft, the living area is below the neighborhood average. It would likely suit a small family, a couple, or an individual comfortably. Its efficiency encourages a simpler lifestyle without excessive unused space.