Property Summary: 432 Kilbride Avenue, Winnipeg
Key Characteristics & Appeal
This 1,060 sqft one-storey home on a 4,672 sqft lot presents a solid, no-fuss opportunity in the Jefferson neighbourhood. Built in 1954, it stands out on its street for being newer than most, and its assessed value ranks consistently above average for both the immediate area and the wider neighbourhood. The home features a detached garage and a basement that is noted as being unrenovated.
The primary appeal lies in its strong positional value within a established community. You're acquiring a property that metrics show is a higher-tier performer on its own street, particularly in terms of value and living space, suggesting a well-placed investment in the local context. It suits practical buyers looking for a straightforward, single-level layout with room to grow or customize over time, especially the basement. It would also appeal to those who prioritize lot size and the potential of a property over immediate move-in finish, seeing the unrenovated spaces as a blank canvas rather than a drawback.
Frequently Asked Questions
1. Is the sold price history accurate?
The listed sale range from July 2021 is based on available public data. For the exact historical sold price, you can request it via email from the site; they provide this detail manually.
2. How does this home really compare to others in Winnipeg?
The data shows a clear trend: this property is more competitive within Jefferson and especially on Kilbride Avenue itself than it is citywide. Its living space and assessed value are strong locally but align closer to the Winnipeg average when compared to all city homes.
3. What does "above average" for the Year Built mean?
In this context, it means the home (built in 1954) is newer than many of its direct peers. The average build year for comparable homes on Kilbride Avenue is 1939, and in Jefferson it's 1948, making this house roughly 15 years newer than its immediate neighbourhood average.
4. What are the implications of an unrenovated basement?
This indicates the basement is in original or functional condition, not updated. It presents both a cost-saving opportunity (avoiding the premium of a finished basement) and future potential for customization, but should be factored into inspection and renovation budgeting.
5. Why is the citywide average assessed value comparison so different?
The average assessed value for "comparable homes" citywide is listed as $390k, which is significantly higher than this home's $31.80k assessment. This stark difference likely reflects the broad range of property types and values across Winnipeg, and confirms that this home is positioned in a more affordable market segment. The key comparison is the local one.