Property Overview: 163 Slater Avenue

Key Characteristics & Appeal

This is a solid, well-maintained one-storey home built in 1959, offering a practical and comfortable living space in Winnipeg's Kildonan Drive area. Its primary appeal lies in its established neighbourhood setting and its recent, move-in-ready updates, most notably a renovated basement that adds valuable finished space to the 1,146 sqft layout. The property sits on a 5,777 sqft lot with a detached garage, providing good outdoor space and parking flexibility.

Statistically, the home presents as consistently "around average" or better across key metrics when compared to its immediate street, local area, and the wider city. This isn't a standout in sheer size or assessed value, but rather a stable, predictable property without extreme outliers. A thoughtful perspective is that its above-average ranking for year built on its street suggests it is among the newer homes in that specific block, which can be an advantage for systems and structure. It suits first-time homebuyers looking for a manageable, updated property without high-maintenance features, or downsizers seeking a single-level layout with a modernized basement for family visits or hobbies. It’s a home for those who value neighbourhood character and practical updates over flashy square footage.

Frequently Asked Questions

1. What does "around average" in the rankings really mean for a buyer?
It indicates stability. The home isn't over-improved for the area nor is it lagging significantly behind. This can be reassuring for resale value, as the property aligns with neighbourhood norms, reducing the risk of overpaying or facing appraisal challenges.

2. The sold price history shows a range for April 2020. What is the exact price and how can I see more history?
The exact sold price is not publicly displayed in the listing data. You can request the precise figure by emailing via the "Get exact sold price history" button. The service is manual but provided without marketing spam.

3. How updated is the home, and what does "renovated basement" include?
The listing specifically confirms a renovated basement, which is a key upgrade. For details on the scope, quality, and permits for this renovation—as well as the condition of other major systems (roof, HVAC, plumbing)—a buyer should review the property disclosure or inquire directly with the listing agent.

4. The lot is ranked in the top 37% citywide for size, but only "around average" on the street. Is that good?
Yes. It means that while the lot is very competitive in the broader Winnipeg context, it's typical for Slater Avenue. This suggests the street has a consistent, desirable character with generous lot sizes overall.

5. Who would this property NOT be suited for?
It may not suit buyers who prioritize brand-new construction, require a large primary living area above 1,200 sqft, or need an attached garage. The one-storey layout with a basement also means all main living spaces are on one level, which could be less ideal for those seeking distinct separation between living and sleeping areas.