Property Overview

This one-storey home at 129 Brelade Street in Winnipeg's Kildare-Redonda neighbourhood presents a practical and well-situated opportunity. Built in 1966, it features 1,036 sqft of living space, a renovated basement, a detached garage, and sits on a standard 5,098 sqft lot. The data suggests a home that stands out positively within its immediate area, particularly for its above-average assessed value and living area compared to its direct neighbours.

Key Characteristics & Appeal

The primary appeal of this property lies in its strong positioning within a well-established, mature neighbourhood. It's not the newest or largest home citywide, but it ranks highly on its own street and within Kildare-Redonda for key metrics like living space and value. This indicates a home that has been maintained well relative to its peers. The renovated basement adds functional living space, a significant advantage for a one-storey layout. The detached garage offers flexibility for parking, storage, or workshop space.

This home would suit a first-time buyer or a downsizer looking for a manageable, single-level layout in a settled community without the premium price of a newer area. It’s also a sensible fit for an investor or handy homeowner who values a solid foundation in a neighbourhood where this property already compares favourably, offering a clear value proposition rather than a fixer-upper gamble. A less obvious perspective is that its consistent, above-average rankings on the street and in the area suggest a certain stability and desirability in this specific micro-location, which can be as important as citywide trends.

Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows it ranks in the top 11% on its street for both living area and assessed value, meaning it is larger and valued higher than most direct neighbours. Within the broader Kildare-Redonda area, it remains above average (top 15-33%) for these factors.

2. What does the sold price history indicate?
The home sold previously in July 2021 and July 2016. The 2021 sale price range shows a significant increase over the 2016 sale, aligning with broader market trends of that period. The exact prices are available upon request.

3. Is the basement renovation reflected in the assessment?
Likely yes. The home's assessed value is notably above average for its street and neighbourhood. A professionally permitted basement renovation typically increases livable square footage and can be a key factor in a higher assessment.

4. What are the implications of a home built in 1966?
While the core systems and structure are now 60 years old, the home ranks as the newest on its street (top 4%), meaning all immediate neighbours are in a similar age bracket. This suggests an established streetscape where major updates like roofs, windows, and furnaces may have been addressed around similar times.

5. Why is the citywide average living area higher?
The citywide average of 1,342 sqft includes many newer suburban homes with different layouts. This property's size is very typical and competitive for its mature neighbourhood and era, offering a more efficient footprint that can mean lower utility costs and less maintenance.