Property Overview

44 Paulley Drive is a two-storey home in Winnipeg's Kildare-Redonda neighbourhood, built in 1971. With 960 sqft of living space and a renovated basement, it sits on a 3,540 sqft lot. The home lacks a garage or pool. Its most recent recorded sale was in April 2023, and its current assessed value is $23,500.

Key Characteristics & Appeal

This home's primary appeal lies in its efficient size and established location. At 960 sqft, it offers above-average space for its immediate street and is very close to the average for the Kildare-Redonda area, making it a practical, manageable footprint. The renovated basement adds functional living space. The 1971 build date is newer than many homes on the street and in the neighbourhood, which can suggest updates to major systems or a layout that feels more contemporary than older wartime builds.

Its assessed value is notably below average for all comparison levels—street, area, and city-wide. This positions the property as an accessible entry point into homeownership. The lot size is modest, especially compared to the city average, which translates to less yard maintenance.

This property would suit first-time buyers or downsizers seeking a no-fuss home in a long-established neighbourhood without a premium price tag. It’s for a buyer who values practicality over prestige, and who may see the below-average assessment as an opportunity for potential future equity growth as improvements are made. The lack of a garage is a trade-off for the price point.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
Assessed value is for taxation purposes and is influenced by the home's size, age, and specific location. This home's modest square footage and lot size, combined with its neighbourhood's overall property values, result in an assessment significantly below the Winnipeg average for a single-family home.

2. What does "renovated basement" typically mean here?
While specifics would require an inspection, in a home of this age and profile, this usually indicates the basement has been finished into livable space, such as a rec room or additional bedrooms, and likely includes updated flooring, walls, and lighting.

3. How does the lack of a garage affect daily life and value?
It means relying on street parking and having no dedicated storage or workshop space. This is a common feature in many older neighbourhoods and is reflected in the home's accessible price point. Buyers should budget for alternative storage solutions or the potential cost of adding a shed.

4. The home sold recently in 2023. What does that indicate?
The relatively recent sale suggests a motivated seller, potentially due to life circumstances, investment strategy, or a desire to upgrade. It's worthwhile to investigate (through a realtor) the reason for the short ownership period to rule out any undisclosed issues with the property.

5. Is the living space adequate for a small family?
At 960 sqft across two floors plus a basement, the home can work for a small family, though space will be cozy. Bedrooms are likely compact. The renovated basement is a key factor, as it can provide crucial space for a family room, play area, or home office.