Property Summary: 356 Kilbride Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1946, situated on a standard-sized lot in the Jefferson neighbourhood. Its key characteristic is its modest scale, with 720 sqft of living space, which is smaller than most homes in the wider area and city. The home has a detached garage and no basement.
The primary appeal lies in its affordability and simplicity, as reflected by its well-below-average assessed value. This is a property for a specific buyer: someone seeking a minimal footprint, lower property taxes, and a straightforward, no-frills home. It would suit a first-time buyer on a tight budget, an investor looking for a rental property with lower carrying costs, or someone seeking to downsize dramatically. A less obvious perspective is that its smaller size and older vintage could represent a lower-risk renovation or customization project for a handy buyer, given the more manageable scope compared to a larger house.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific attributes—its smaller square footage, age, and lack of a basement—which place it in a lower value category compared to the average Winnipeg home.
2. What does the "Top 90%" ranking for value on its street mean?
This means the home's assessed value is in the bottom 10% on Kilbride Avenue; approximately 90% of comparable homes on the street have a higher assessed value.
3. Is there a basement?
No, the listing specifies the home has no basement.
4. How recent is the sold price data shown?
The most recent sale shown occurred in September 2023. The exact sold price is available upon request via email.
5. How does the lot size compare?
At 3,282 sqft, the lot is fairly typical for its immediate street but is below the average lot size for both the Jefferson neighbourhood and Winnipeg as a whole.