Property Overview

This 1988 bi-level home at 1364 Kildare Avenue E in Canterbury Park presents a specific and practical value proposition. Its key characteristic is a renovated basement, complementing the home’s detached garage. The lot size of 3,720 sqft is modest for the street and area, but notably, the home itself is compact with 770 sqft of living space, placing it well below average for the neighbourhood. This creates a distinct dynamic: a relatively newer home (built in 1988, which is above average for its street) on a manageable lot with updated interior space.

Its appeal lies in its efficiency and lower maintenance footprint. The renovated basement adds functional living area, making the overall package more versatile than the main floor square footage suggests. It suits first-time buyers seeking an entry point into homeownership with some modern updates already complete, or investors looking for a manageable rental property. It may also appeal to downsizers who want a single-level living potential (main floor plus basement) without a large yard or home to upkeep. A less obvious perspective is that its below-average size and value for Canterbury Park could mean lower property taxes relative to neighbours, while still providing the location benefits.

Frequently Asked Questions

1. Is the living area only 770 sqft?
Yes, the above-ground living area is 770 sqft, which is compact. However, this does not include the renovated basement, which adds significant functional space to the home’s total usable area.

2. How does the lot size compare to others?
At 3,720 sqft, the lot is smaller than the average for Kildare Avenue E and the wider Canterbury Park area. This translates to less exterior maintenance, which can be a benefit for the right buyer.

3. The home was built in 1988. Is that considered old?
Actually, for this specific street, a 1988 build date is newer than average. This can be an advantage, potentially meaning newer building materials, wiring, and plumbing compared to many surrounding homes.

4. Why is the assessed value notably lower than the citywide average?
The assessed value reflects the home’s compact size and modest lot relative to the entire Winnipeg market. It is more in line with averages for the immediate street, indicating the valuation is consistent with its local context.

5. What is the history of sale prices?
The home sold for $24,400 in late 2017 and $24,300 in mid-2016. This stable price history over that period suggests a well-established value point for the property.