Property Overview: 364 Kimberly Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 364 Kimberly Avenue in the Munroe West neighbourhood is a practical, mid-century bungalow built in 1951. With 894 sqft of living space, it is a compact and manageable property, sitting on a roughly 4,800 sqft lot. Its assessed value of $262k positions it as a more accessible entry point within its immediate area and significantly below the Winnipeg city-wide average for homes.
The primary appeal lies in its value proposition and potential. It represents an opportunity for a first-time homebuyer or an investor to enter the market at a lower price point than many comparable properties. The lot size is solid for the area, offering good outdoor space relative to the home's footprint. A thoughtful perspective is that while the living area is below average for its street, this can translate to lower utility costs and less maintenance—appealing for those seeking simplicity. The home would suit buyers looking for a straightforward, no-frills property to build equity in, whether as a starter home, a long-term hold for rental income, or a candidate for a thoughtful renovation over time.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is below the average for Kimberly Avenue ($303k average) and slightly below the Munroe West neighbourhood average ($273.5k). This suggests it may be priced more accessibly than many nearby homes.
2. Is the living space unusually small?
At 894 sqft, it is indeed smaller than the average home on its street (1,042 sqft average). However, it is much closer to the average size for the wider Munroe West area (958 sqft average), indicating it’s a fairly typical, compact bungalow for this specific community.
3. What can the sold price history tell me?
Public records show it last sold between $200k-$250k in early 2016. To obtain the exact historical sale price and a verified transaction history, you must request a manual lookup via email, as this site does not display MLS data.
4. How does the lot size compare?
The lot of 4,796 sqft is fairly typical, being close to the averages for both the street and the Munroe West neighbourhood. It is not considered particularly large or small in its local context.
5. Given its age, what should I consider?
Built in 1951, the home is older than the Winnipeg city average. While its age is around the norm for its immediate area, a prospective buyer should budget for potential updates to major aging components like the roof, plumbing, or electrical systems, which is common for homes of this vintage.