Property Overview: 412 Kilbride Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home on Kilbride Avenue stands out for its substantial size and modern updates within a well-established neighbourhood. With 2,240 square feet of living space, it is notably larger than most homes on its street and in the wider Jefferson area, placing it in the top tier locally. A key feature is the renovated basement, which adds significant functional space. Built in 1956, it is a relatively newer home for the area, potentially implying fewer concerns with aging infrastructure common in much older builds.
The appeal lies in its combination of space, updates, and location. It offers the roominess often sought in newer suburbs but within a mature community. The recently sold price range suggests it represents considerable value, especially given its above-average assessed value for the immediate area. This property would suit buyers looking for a "move-in ready" home with ample space for a family, without the premium price tag of a brand-new build. It’s also a compelling option for those who appreciate a neighbourhood with character and established amenities, but desire a home that feels updated and spacious.
Frequently Asked Questions
1. How does the home’s size compare to others?
Exceptionally well for the immediate area. Its living area is in the top 1% on Kilbride Avenue and in the Jefferson neighbourhood, meaning it offers significantly more interior space than most comparable homes nearby.
2. What does the assessed value indicate?
The assessed value is in the top 2-5% for the street and neighbourhood, which often correlates with a well-maintained or updated property relative to its peers. It’s important to note this is a municipal assessment for tax purposes and not a market valuation.
3. Is the lot size typical?
Yes. The land area is around the average for the local area. The property’s standout feature is the interior living space, not an unusually large yard.
4. The home sold recently. What can that price tell me?
The sold price range from late 2024 provides a concrete, recent benchmark for its market value. It serves as a strong starting point for understanding current value in the area, especially when compared to its assessed value and size metrics.
5. What’s less obvious about this property’s data?
Two points: First, being built in 1956 makes it a "younger" home in a neighbourhood with many homes from the 1930s and 40s, which can be an advantage. Second, while its size is elite locally, it is above average but not exceptional city-wide, highlighting that its prime appeal is specifically within the context of its established community.