Property Overview: 376 Kimberly Avenue, Winnipeg
Key Characteristics & Appeal
This 1,080 sqft bungalow on a 4,795 sqft lot in Munroe West presents a solid, above-average offering within its immediate context. Built in 1951, its primary appeal lies in its strong positioning relative to the local market. The home's assessed value of $330k ranks in the top 9% for the Munroe West area, suggesting it is perceived as a higher-value property in a neighbourhood of more modestly assessed homes. Similarly, its living space is comfortably above the area average.
This creates an interesting dynamic: you get a home that stands out in its own community for space and assessed value, yet remains around the city-wide average for price. It suits practical buyers looking for a well-sized home in an established neighbourhood without a premium city-wide price tag. The recent sale in the $300k-$350k range indicates a market-tested value. A thoughtful perspective is that this property may represent a "big fish in a small pond" scenario—offering relative prominence and space within its specific locale, which can be a smart strategy for long-term value in a mature neighbourhood.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it ranks highly within Munroe West, particularly for value and living area. It's above average for the neighbourhood but generally average when compared across all of Winnipeg, suggesting you get more for your money locally.
2. What does the assessed value tell me about the property?
An assessment of $330k, placing it in the top 9% for Munroe West, typically indicates the municipality views it as a higher-quality or better-maintained home compared to many neighbours. It's a useful gauge for property taxes and perceived value.
3. The home was built in 1951. Should I be concerned?
The year of build is typical for the street and area. While updates and system checks (roof, wiring, plumbing) are always advised for a home this age, its vintage is consistent with the neighbourhood's character.
4. How precise is the sold price range shown?
The listed range of CA$300k–350k is based on public data. To obtain the exact sale price, you must request a manual lookup via email, as the site does not have access to official MLS sales records.
5. Is the lot size a pro or a con?
At 4,795 sqft, the lot is very typical for both Munroe West and the city overall. It provides standard outdoor space for a home of this era—adequate for gardening and recreation, but not an unusually large or small parcel.