Property Overview: 435 Redonda Street, Winnipeg

Key Characteristics & Appeal

This one-storey home at 435 Redonda Street in Kildare-Redonda presents a compelling blend of space, location, and value. Its key strength is an exceptionally large, private lot—over 6,200 square feet—which ranks in the top 3% for size on the street itself. This offers significant outdoor potential for gardening, recreation, or future expansion that is rare for the area. The 1,120 sqft living area is above average for both the immediate neighbourhood and the wider Kildare-Redonda area, providing comfortable interior space. A recently renovated basement adds functional living area. The home is a 1975 build, which is notably newer than many in the broader neighbourhood, potentially suggesting fewer immediate major updates compared to older stock.

The appeal lies in this balance: it’s a home with a mature neighbourhood feel that offers more land and interior space than many of its direct peers, at a value that sits comfortably within the mid-range for the city. It suits practical buyers looking for a solid bungalow with a generous yard, whether it’s a young family wanting room for kids and pets, a downsizer seeking single-level living with outdoor space, or an investor/renovator who sees long-term potential in the sizable lot.

A less obvious perspective is its relative modernity within its context; being built in 1975 makes it a newer home in Kildare-Redonda, which could translate to different construction standards or layout preferences than much older homes. Additionally, while the assessed value is average on its street, it ranks highly within the larger neighbourhood, indicating it is perceived as a above-average property in its specific community.

Frequently Asked Questions

1. How does the lot size compare to typical properties?
The 6,268 sqft lot is a standout feature. It is significantly larger than the average lot on Redonda Street (top 3%) and in the Kildare-Redonda area (top 10%), offering a level of outdoor privacy and space that is uncommon.

2. What is the home’s condition relative to its age?
Built in 1975, the home is newer than many in the wider neighbourhood. The listing specifically notes a renovated basement, suggesting some updates have been made. A professional inspection would determine the condition of major systems like roof, wiring, and plumbing for a home of this era.

3. Is the assessed value a good indicator of the likely selling price?
The assessed value is $36,400. Historical data shows a sale in late 2016 between $28.5k and $31.5k. Market conditions have changed since then, so the current assessed value is a municipal benchmark for taxes, not a guaranteed sale price. Consulting recent comparable sales is essential.

4. What are the space and layout like?
With 1,120 sqft of living space above grade, plus a renovated basement, the home offers more interior space than many in the immediate area. As a one-storey bungalow, it provides accessible, single-level living.

5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed in detail. The listing provider offers to send the accurate sale price history manually via email upon request, at no cost and without using the address for unsolicited marketing.