Property Overview & Key Characteristics
This 2021-built bi-level home at 718 Kylemore Avenue offers a modern, low-maintenance living option in Winnipeg's established Lord Roberts neighbourhood. Its primary appeal lies in its combination of new construction and a generous lot size. As a nearly new build, it comes with the benefits of contemporary building standards, energy efficiency, and a renovated basement, avoiding the immediate major repairs often associated with older homes in the area.
The home suits first-time buyers or downsizers seeking a modern, move-in-ready property without a long commute, as well as investors looking for a newer asset with lower upkeep costs. A thoughtful perspective is its positioning within the streetscape: while the living area is comfortable, the lot size is notably larger than many nearby properties, offering valuable outdoor space and future potential in a neighbourhood where many homes are a century old. The high percentile rankings for its assessed value on the street and in the neighbourhood suggest it is perceived as a premium property in its immediate context, which may appeal to buyers valuing equity and stability.
Frequently Asked Questions
1. How does a 2021 home fit into an older neighbourhood like Lord Roberts?
It offers a unique blend of modern convenience within a mature, tree-lined community. You benefit from established amenities and character without the aging infrastructure of a century-old home.
2. The living area is listed at 982 sqft. Is that typical for a bi-level?
Yes, this is a standard size for the style. The bi-level design often creates a feeling of more space through separation of living and sleeping areas across two main levels, with the renovated basement adding further functional space.
3. There's no garage. Is parking an issue?
The property does not include a garage, which is common for many homes in the area. However, the large lot provides ample space for driveway parking and potential future structures, subject to city bylaws.
4. The assessed value is ranked highly on the street but lower city-wide. What does this mean?
This indicates the home is considered a higher-value property within its immediate Lord Roberts context, reflecting the desirability of new construction there. The city-wide ranking is influenced by a wide variety of property types and locations across Winnipeg.
5. What are the immediate benefits of a 5-year-old home?
Major components like the roof, windows, furnace, and appliances are likely still under or just beyond their original warranties, providing significant peace of mind and predictable housing costs for the next several years.