Property Overview: 940 Kildare Avenue E, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home in Canterbury Park presents a practical and updated living space. Its key feature is a renovated basement, adding valuable finished square footage to the 874 sqft main living area. The property sits on a 3,720 sqft lot, which is modest for the street and area but offers manageable outdoor maintenance. A detached garage provides secure parking or storage.

The appeal lies in its move-in readiness due to the renovation, its efficient layout, and its position as a relatively newer build (1989) compared to many homes on its street and across Winnipeg. The sale price from 2023 suggests it offers value within the segment, positioned above average for its immediate street but below the neighbourhood average.

This home would suit first-time buyers seeking an updated property without a massive yard to manage, or downsizers looking for a single-level living footprint (with the basement providing extra space for guests or hobbies). It’s a pragmatic choice for those prioritizing modernized interiors over expansive square footage.

Section 2: Frequently Asked Questions

1. Is the lot size a drawback?
While the land area is below average for the street, city, and neighbourhood, it translates to less yard work and lower maintenance costs—a potential benefit for buyers seeking simplicity.

2. How does the 1989 build year compare?
It’s a notable positive. The home is significantly newer than the average house on Kildare Avenue E and is above the citywide average, suggesting newer building materials, systems, and potentially fewer major upkeep demands in the near term.

3. The living area seems small. How livable is it?
At 874 sqft above grade, the space is compact. However, the renovated basement effectively doubles the usable living area, making the overall footprint more comfortable for a small household.

4. What does the assessed value versus sale price indicate?
The 2023 sale price was substantially higher than the assessed value, which is common. It primarily indicates the market’s willingness to pay a premium for the renovated condition, which isn’t fully captured in the assessment.

5. How does this price fit in the area?
The last sale price was above average for the specific street but below the average for the broader Canterbury Park neighbourhood. This positions the home as a more accessible entry point into the area, possibly offering a balance of location and affordability.