Property Overview

This bi-level home at 18 St Martin Boulevard in Winnipeg's Kildare-Redonda neighbourhood presents a practical and value-oriented opportunity. Built in 1966, its key appeal lies in its strong positioning within its immediate area. The home features 1,047 sqft of living space, a renovated basement, and a detached garage on a 5,720 sqft lot. The data indicates it consistently ranks above average for its street and neighbourhood in terms of living area, assessed value, and land size, suggesting a well-placed property relative to its local peers. Its last recorded sale was in October 2020.

Key Characteristics & Appeal

The primary appeal of this property is its solid standing in a established community. It offers more living space and a larger lot than many comparable homes on its street and in Kildare-Redonda, providing a sense of relative value. The renovated basement adds functional, modernized space. A less obvious point of appeal is the home's assessed value, which is in the top 13% on its street; this can indicate a favourable municipal valuation relative to neighbours, which is a nuanced factor for market positioning.

This home would suit first-time buyers or practical downsizers looking for a move-in ready foundation in a mature neighbourhood without paying a premium for a fully modernized showhome. It’s also a sensible fit for value-focused investors attracted by its above-average metrics for the area and the potential of the renovated basement.

Frequently Asked Questions

1. What does the "above average" ranking actually mean for a buyer?
It means that compared to similar homes on its street and in the Kildare-Redonda neighbourhood, this property has more living space, a larger lot, and a higher assessed value than most. It suggests you're getting a relatively strong property for that specific area.

2. The home sold in late 2020. How relevant is that price today?
While it provides a historical benchmark, the market has shifted since then. The assessed value of $35.30k offers a more current point of reference for municipal valuation, but a current market appraisal or comparative market analysis would be needed to determine today's value.

3. Are there any obvious concerns with a home built in 1966?
While the basement has been renovated, the core structure and major systems (like plumbing, electrical, and the roof) are approximately 60 years old. A thorough inspection is crucial to understand the condition and remaining lifespan of these original components.

4. What are the pros and cons of a detached garage?
A pro is reduced noise and fire risk from the main house, and often easier access for projects. A potential con is the inconvenience of accessing your vehicle in Winnipeg winters compared to an attached garage.

5. How can I find out the exact past sale price?
The listing service states the exact sold price history is available upon request via email. They note this is done manually and they aim to reply by the end of the same day, without using your email for unsolicited marketing.