Property Overview: 541 Mcmeans Avenue E

Section 1: Key Characteristics & Appeal

This one-storey home in Winnipeg's Kildare-Redonda neighbourhood presents a practical and value-oriented opportunity. Its key characteristics include a renovated basement, a detached garage, and a notably generous lot size of over 5,000 sq ft—a standout feature that ranks in the top 9% for the street. With 988 sq ft of living space, the house itself is modest and typical for the immediate area, but it sits on a parcel of land larger than many of its neighbours.

The primary appeal lies in its solid positioning within a well-established community. The home’s assessed value is strong for both the street and the neighbourhood, suggesting good relative value. The renovated basement adds functional living space, and the large lot offers tangible potential for gardening, outdoor living, or future expansion, which is a significant advantage in a mature area. This property would suit first-time buyers seeking an entry point into homeownership with room to grow, or practical-minded investors looking for a land-strong asset in a stable area. It’s a home that prioritizes lot size and location over square footage, offering a grounded alternative to newer, more densely packed subdivisions.

Section 2: Frequently Asked Questions

1. How does the lot size compare to typical properties?
The 5,097 sq ft lot is a key feature. It's significantly larger than the average lot on Mcmeans Avenue E (approx. 4,070 sq ft) and is comparable to the typical city-wide lot size, offering more outdoor space than most in the immediate vicinity.

2. What does the "above average" assessed value mean for this home?
The assessed value of $33.9k ranks above average for both the street and the Kildare-Redonda neighbourhood. This generally indicates that the property is viewed as having higher value relative to its local peers, often based on factors like its lot size, condition, and improvements like the renovated basement.

3. Is the living space considered small?
At 988 sq ft, the living area is around the average for the street and neighbourhood. However, it is below the city-wide average. The renovated basement effectively adds usable space, making the total functional area more competitive.

4. When was the home last sold, and for approximately how much?
The home was last sold in February 2022. Based on available public data, the sold price range was approximately $35.50k to $38.50k.

5. How can I find out the exact historical sold price?
The exact sold price is not published in the public listing. You can request this information by email via the provided form on the property page. The service aims to provide the accurate figure manually by the end of the same day, without using your email for unsolicited marketing.