Property Overview: 194 Kimberly Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This one-and-a-half storey home on Kimberly Avenue in Kildonan Drive presents a practical opportunity with a renovated basement. Built in 1949, it offers 1,300 sqft of living space on a 5,287 sqft lot, with a detached garage. The data reveals a nuanced profile: its living space is notably above average for its immediate street, ranking in the top 13%, while its assessed value also sits above the local street average. This suggests a home that offers more interior space than many of its direct neighbors. However, it is an older property relative to others on the street and in the wider city.
Its appeal lies in this above-average space for the area, combined with the updated basement, offering functional room to grow. It suits a buyer looking for a character home in an established neighborhood who values interior square footage over a newer build. It would also be a match for a pragmatic buyer who sees potential in the land size and detached garage, prioritizing the fundamentals of space and location over modern construction. The recent sale in mid-2024 indicates a refreshed market valuation, providing a clear, contemporary benchmark.
Frequently Asked Questions
1. How does this home’s size truly compare to the area?
While its 1,300 sqft is around the citywide average, it ranks in the top 13% for living area specifically on Kimberly Avenue, meaning it offers more interior space than most homes on its own street.
2. The home was built in 1949. What should I consider?
As an older home, it’s essential to investigate the condition of major aging components, such as the roof, plumbing, and electrical systems, even with a renovated basement. Its build date is older than most on its street.
3. What does the assessed value tell me?
The assessed value of $33.9k is above the average for Kimberly Avenue (top 19%), but around the average for the broader Kildonan Drive area. It’s a municipal valuation for tax purposes and differs from market price, but indicates the home is considered a higher-value property on its specific block.
4. Is the lot size a pro or a con?
At just over 5,200 sqft, the lot is average for the street but smaller than the average lot in both the Kildonan Drive area and citywide. It provides standard outdoor space for the immediate locale but may not offer as much yard as some other neighborhoods.
5. Where can I find the exact recent sale price?
The listed sale range is from public data. The exact sold price from June 2024 is available by request from the listing service, which they provide manually via email without using your address for unsolicited marketing.