Property Overview: 226 Kilbride Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Jefferson presents a unique profile. Built in 1912, it is a character property with a renovated basement and a detached garage. Its primary appeal lies in its above-average living space (1,316 sq ft), which ranks in the top 7% for its immediate street and the top 13% for the Jefferson area, offering more room than many neighbouring homes. This is balanced by a below-average assessed value for the wider area, suggesting a potential value opportunity for the right buyer.
The home would suit a practical buyer who appreciates character and space over modern construction. It’s ideal for someone looking for a larger footprint in a mature neighbourhood without a premium price tag, possibly a first-time buyer or an investor comfortable with the upkeep of an older home. A less obvious perspective is that its "below average" rankings in year built and assessed value for the city might actually insulate it from the most volatile market swings, representing a stable, grounded purchase. The renovated basement adds functional living space, which is a significant asset in a home of this era.
Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. The assessed value is used for calculating property taxes and doesn't always equal market value. In this case, it's around average for the street but below average for the wider area, which could indicate a relatively lower tax burden for the amount of living space provided.
2. What are the implications of the home’s age (1912)?
While it offers classic charm and established neighbourhood character, it requires a buyer to be mindful of potential maintenance associated with older construction, such as updating electrical or plumbing systems. The renovated basement is a positive modern update.
3. How does the living area compare meaningfully?
The data shows you get significantly more interior space than most homes on Kilbride Avenue and in Jefferson. For a buyer needing room, this is a standout feature that offsets the home’s age when compared to smaller, potentially newer houses in the area.
4. What is the lot size like?
At 3,747 sq ft, the land area is around average for the street but below average for the city. This means a manageable yard for maintenance, but not an expansive private outdoor space. The presence of a detached garage is a valuable asset on a standard city lot.
5. Can I find out the exact historical sale prices?
Yes, but not directly on the public listing. The exact sold price history is available by request via email from the listing service, which manually provides the accurate figures from their records.