Property Overview: 15 Premier Place, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in Kildare-Redonda offers a practical, move-in-ready footprint with a recently renovated basement. Its primary appeal lies in its strong positioning within its immediate neighborhood. The living space (1,193 sq ft) is notably above average for both Premier Place street and the wider Kildare-Redonda area, offering more room than many comparable local homes. Similarly, its assessed value ranks above average locally, suggesting a solid perceived worth in the community context. The 1963 build date is actually among the newest on its street, a less obvious point that indicates a potentially more modern construction compared to its closest neighbors.

The home sits on a standard-sized lot (just over 5,000 sq ft) and features a detached garage. Its recent sale in early 2024 provides clear, current market context for value assessment.

This property would best suit buyers looking for a grounded, no-surprises home in a stable Winnipeg neighborhood. It’s ideal for those who value space efficiency and a renovated basement ready for use, and who appreciate a home that stands favorably in its local market rather than just in city-wide averages. It’s a practical choice for first-time buyers, downsizers seeking single-level living, or investors looking at a neighborhood with consistent demand.

Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows it outperforms most local benchmarks. It has more living space than about 84% of similar homes in Kildare-Redonda and is valued higher than about 81% of them. On its own street, it's one of the newer homes built.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finishes. This is a key detail to request from the selling agent, including information on permits, moisture control, and the intended use of the space.

3. Is the assessed value a good indicator of the likely selling price?
The home sold for between $335,000 and $365,000 in early 2024, which was close to its current assessed value of $344,000. This suggests the assessment is relatively aligned with recent market activity, but current conditions and buyer demand will determine the final price.

4. What are the implications of having a detached garage?
This offers flexibility for parking, storage, or potential workshop space separate from the house. Consider factors like its condition, the walk to the house in winter, and whether the driveway can accommodate additional vehicles.

5. You mention it's "one of the newer homes on the street." Why is that significant?
While a 1963 build isn't new overall, being newer than most on the block can imply updates to original construction standards, potentially fewer age-related issues than immediate neighbors, and a possible aesthetic distinction from older housing styles.