Property Overview: 579 Kylemore Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 579 Kylemore Avenue is a practical, mid-century bungalow built in 1954, situated on a notably generous lot for its Lord Roberts neighbourhood. Its key appeal lies in its grounded positioning within the market. The living space (768 sq ft) is compact but efficiently sized for the area, ranking above many immediate neighbours. The significant lot size (nearly 4,000 sq ft) offers valuable outdoor space and future potential that is less common in this part of the city.
The home’s assessed value is consistently average for its street and neighbourhood, suggesting a stable, un-inflated entry point into a well-established community. Its 1954 build date is newer than many surrounding homes, which may imply updates to core systems or a different architectural style than the area's early 1900s stock.
This property would best suit a first-time buyer, a downsizer, or an investor looking for a manageable footprint in a central location without a premium price tag. It’s for someone who values a larger yard over expansive interior square footage and sees the practicality in a home that is competitively positioned within its immediate context rather than the city at large.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
While its 768 sq ft living area is below the city average, it ranks in the top 60% on its own street, meaning it is actually larger than many direct neighbours. The lot size, however, is a standout feature, being significantly larger than most on Kylemore Avenue.
2. Is the assessed value typical for the area?
Yes. The assessed value is almost exactly the average for both Kylemore Avenue and the wider Lord Roberts neighbourhood, indicating it is priced in line with local norms and isn’t an outlier.
3. What does the 1954 build year mean for a buyer?
Built in 1954, this home is newer than the median home in Lord Roberts. This could mean construction methods or wiring and plumbing that differ from the area's many pre-war homes, which may be a consideration for renovations or updates.
4. What can the 2017 sale price range tell me?
The historical sale price (between $200k-$250k in 2017) provides a benchmark. Comparing this to the current assessed value and any asking price can help gauge market trends and the property’s potential appreciation in the area over time.
5. Who are the most relevant comparable properties?
The most meaningful comparisons are on the same street (like 583 or 575 Kylemore Avenue) or similar homes in Lord Roberts, as city-wide averages include very different property types. The home’s value and features are best judged against this immediate local context.