Property Overview: 564 Kylemore Avenue, Winnipeg
Key Characteristics & Appeal
This home at 564 Kylemore Avenue in Lord Roberts stands out for its modern foundation and efficient use of space. Built in 2016, it is a notably newer construction compared to most homes in its immediate area and across Winnipeg, offering contemporary building standards and minimal immediate maintenance concerns. With 1,308 square feet of living space, it provides above-average roominess for both its street and neighbourhood, ranking in the top 20%. The assessed value is strong for the local context, suggesting a solid investment in a desirable pocket of Lord Roberts.
The appeal lies in securing a modern, low-maintenance home within an established neighbourhood. It suits buyers looking to avoid the surprises and renovation projects often associated with older character homes, but who still want the mature trees and settled community feel of a central area. A thoughtful perspective is the trade-off: while the house itself is newer and spacious, the lot size is more compact than the neighbourhood and city averages. This makes it ideal for those who prioritize interior space and modern amenities over extensive outdoor yard work or expansion potential.
This property would best suit first-time buyers, downsizers, or investors seeking a turnkey, modern property with strong value retention in a prime inner-city location.
Frequently Asked Questions
1. How does the modern build date (2016) affect potential costs?
While likely requiring less immediate repair budget than a century-old home, it’s important to note that newer builds may still have components approaching their warranty end or standard lifespans for items like appliances, HVAC systems, or roofing materials. A pre-purchase inspection is still highly recommended.
2. The assessed value seems high for the area. Is that good?
The assessment ranks in the top 8% for both the street and Lord Roberts, which generally indicates the property is viewed favourably by the assessor relative to its peers. This can be a positive sign of value, but remember that municipal assessments are for tax purposes and don't always equal market value. It’s a useful benchmark, not a sale price guarantee.
3. What does the "below average" land area ranking mean practically?
With a 2,207 sqft lot ranking in the bottom 25% for the city, the outdoor space is more limited. This means smaller gardens, less room for additions like a large deck or garage, and potentially closer proximity to neighbours. For some, this means less upkeep; for others, it may feel constrained.
4. Are the sold price ranges shown for this specific house?
No. The sold price history provided (CA$300k-350k in 2016) is for reference properties in the area, not for 564 Kylemore Avenue itself. To obtain the exact sale history for this specific address, you must request it via the provided email service.
5. The home is described as "above average" for living area. Is it spacious?
At 1,308 sqft, it is indeed more spacious than most homes on Kylemore Avenue and in Lord Roberts. However, it is just below the city-wide average for living area. This highlights that it offers generous space for its specific, centrally-located neighbourhood, which typically features older, smaller homes.