Property Overview: 560 Kimberly Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 560 Kimberly Avenue presents a balanced, mid-century property in Winnipeg's Munroe West neighbourhood. Built in 1955, its key characteristics are defined by solid, average dimensions—a 1,006 sqft living area on a 5,575 sqft lot—with an assessed value of $303,000.
The appeal lies in its strong positioning within the immediate area. While the home is average for its specific street, it stands above average within the broader Munroe West area for its assessed value, lot size, and newer build year compared to local peers. This suggests a well-regarded spot within a established community. The lot size is notably generous for the area, offering more outdoor space than many neighbouring properties.
This property would suit a practical buyer looking for a home in a mature neighbourhood without extreme outliers in size or price. It’s a sensible choice for first-time homeowners or downsizers who value community stability over a brand-new build. The data indicates you’re paying for a premium position within Munroe West itself, rather than for a large or modern home by city-wide standards.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The last recorded sale was between $250k-$300k in May 2020. The current assessed value of $303k is around the average for Kimberly Avenue, suggesting its official valuation is in line with the street's market.
2. Is the living space considered small?
At 1,006 sqft, it is slightly below the city-wide average but is actually slightly above the average for the Munroe West area. It represents a typical footprint for a home of its era in this community.
3. What does the "above average" ranking for Munroe West actually mean?
For key metrics like Assessed Value and Year Built, this home ranks in the top 25% and 11% respectively within Munroe West. This means it is considered a newer and higher-valued property compared to most homes in the immediate neighbourhood, which can be a positive indicator for local equity.
4. How reliable is the sold price data shown?
The sold price is based on publicly available data, not the MLS. For fully verified figures and a complete transaction history, you must request a manual lookup from the site via email.
5. The home was built in 1955. What should I consider?
A 71-year-old home will likely require attention to major aging components. While it ranks as newer than many in Munroe West, a thorough inspection of the roof, foundation, plumbing, and electrical systems is essential to understand any needed updates or investments.