Property Overview: 592 Kylemore Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic, early-1900s residence in the established Lord Roberts neighbourhood. With 865 square feet of living space, it offers a compact and manageable footprint that is typical for its street but smaller than the citywide average. Its assessed value is modest and aligns closely with the local area, presenting an accessible entry point into the market.
The appeal lies in its location and practicality. It sits on a standard city lot, offering outdoor space without the burden of excessive maintenance. As a century-old home, it carries character and history, but buyers should be prepared for the updates and maintenance that come with an older structure. This property would best suit first-time buyers, downsizers, or practical investors looking for a straightforward home in a central, no-fuss neighbourhood. It’s for those who value location and lot potential over modern square footage, and who see a property where value is derived more from the land and community than from the size or newness of the structure.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 865 sqft, the living area is very close to the average for Kylemore Avenue itself. However, it is notably smaller than the average home in both the wider Lord Roberts area and across Winnipeg, indicating a more compact, efficient layout.
2. What does the assessed value tell me?
The assessed value of $28,200 is around the middle of the pack for the immediate street and neighbourhood. Citywide, it falls in the lower 75%, reflecting its older age and smaller size compared to newer or larger homes elsewhere in Winnipeg.
3. The home was built in 1911. What should I consider?
A 115-year-old home offers charm and established streetscapes but requires a diligent inspection. Prospective buyers should budget for potential updates to systems like wiring, plumbing, and insulation, and consider the efficiency of original windows. Its age is older than most on its street.
4. How has the property’s value changed recently?
Public records indicate it sold in the $250k-$300k range in 2023 and the $200k-$250k range in 2019. For the exact sale prices, you can request the information directly via the provided email service.
5. What are the lots like on this street?
The land area of 2,207 sqft is fairly standard for Kylemore Avenue but is smaller than the typical lot in Lord Roberts and significantly smaller than the citywide average. This suggests a more urban, close-knit street pattern with manageable yard space.