Property Overview: 511 Kylemore Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home at 511 Kylemore Avenue is a practical, mid-century bungalow built in 1953, situated on a standard city lot in the established Lord Roberts neighbourhood. Its primary appeal lies in its value proposition and location. With a living area of 728 sq ft, it is a compact home, ranking below the average size for the city, which positions it as a more affordable entry point into the market. Notably, its assessed value is strong for the immediate neighbourhood, ranking above average in Lord Roberts. This suggests the property is viewed favorably within its local context compared to peers.
The home would best suit first-time buyers, downsizers, or investors seeking a manageable property with lower maintenance. Its modest size and lot offer simplicity, while its above-average standing for assessed value in the area indicates a solid foundation for the price. A thoughtful perspective is that this property represents a "value-over-space" trade-off—you’re purchasing location and land value in a mature neighbourhood rather than square footage. It’s a home for those who prioritize community and lot potential over interior size.
Frequently Asked Questions
1. Is the house smaller than average?
Yes. At 728 sq ft, the living space is below the average for similar homes in Lord Roberts (911 sq ft) and significantly below the Winnipeg city-wide average (1,342 sq ft).
2. How does its value compare to nearby homes?
Its assessed value is above average for the Lord Roberts neighbourhood, ranking in the top 30%. This means it is assessed higher than most comparable properties in the immediate area, which can be a positive indicator of its relative worth.
3. What is the history of sale prices?
Based on public data, it sold in the $250k-$300k range in 2021 and in the $200k-$250k range in 2016. Exact sale prices are available upon request.
4. How does the lot size compare?
The lot is 3,299 sq ft, which is fairly typical for the street and neighbourhood but below the much larger average lot size city-wide.
5. What are the likely maintenance considerations?
Built in 1953, key systems like the roof, plumbing, and electrical may be due for updates or diligent inspection, which is common for homes of this era.