Property Summary: 46 Crossgate Road, Winnipeg

Key Characteristics & Appeal

This one-storey home in Kildare-Redonda is a property defined by its land and location. Built in 1966, the 1,120 sqft house sits on a notably large 6,323 sqft lot, which ranks in the top 5% on its street and the top 9% in the neighborhood. This generous outdoor space is the home's standout feature, offering significant potential for gardening, expansion, or simply enjoying a spacious yard—a rarity compared to many nearby properties.

The home's appeal lies in its above-average positioning within its immediate community. Its living area and assessed value consistently rank above the local averages for both Crossgate Road and the wider Kildare-Redonda area. The detached garage adds practical utility. While the interior is a manageable size, the renovated basement adds valuable finished living space.

This property would best suit a buyer who prioritizes land over sheer interior square footage. It's ideal for a first-time homeowner or downsizer looking for a solid, single-level layout in an established neighborhood, with the lot size offering a long-term advantage. It also appeals to a value-conscious buyer who sees potential in the existing structure and the opportunity that a larger lot presents, whether for personal use or future value.

Frequently Asked Questions

1. How does the lot size compare to a typical city lot?
The lot is 6,323 sqft, which is above average both for the city and significantly for the neighborhood. It's roughly 20-25% larger than many standard lots in the area, providing more private outdoor space.

2. The assessed value seems low. What does this indicate?
The assessed value of $35,300 is for municipal tax purposes and is not the market price. Its "above average" ranking locally suggests the property is viewed favorably compared to its immediate peers by the assessor, but a market valuation would be needed to determine the current selling price.

3. What does the sold price history from 2017 tell us?
The previous sale in the $27,500-$30,500 range seven years ago provides a historical benchmark. It indicates the property has been owned for a medium-term period, and any current price would reflect market changes and updates since that time.

4. Is the "above average" living area spacious by today's standards?
At 1,120 sqft (plus a renovated basement), the living area is efficient rather than expansive. It ranks well on its street because many homes are of a similar vintage and scale. It suits comfortable living for a smaller household but may feel compact for those accustomed to newer, larger open-concept designs.

5. What are the less obvious considerations with a 1960s bungalow on a large lot?
While the large lot is a major asset, it also means more yard maintenance. The home's age suggests that while some updates like the basement have been done, attention should be paid to the condition of core components like the roof, windows, and major systems. The lot's size could also be a future advantage if local zoning allows for additions or redevelopment.