Property Overview: 592 Kimberly Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 999 sqft bungalow, built in 1955, sits on a generous 5,576 sqft lot in Munroe West. Its primary appeal lies in its strong positioning within the immediate neighborhood. The assessed value of $331k ranks well above average for both Kimberly Avenue and the broader Munroe West area, suggesting it is a well-regarded property in its local context. While the living space is modest compared to the Winnipeg city average, it is typical for the area, offering a practical layout.
The property would suit first-time buyers or downsizers looking for a solid, established home in a neighborhood where it represents a comparative value. It’s also a candidate for buyers who prioritize lot size over interior square footage, seeing potential for outdoor space or future expansion. A thoughtful perspective is that this home appears to be a "big fish in a small pond"—its value metrics shine brightest when compared to its closest neighbors, indicating a premium location within the micro-market of Munroe West.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is in the top 24% on its own street and the top 8% within the Munroe West area, meaning it is valued higher than most comparable homes immediately surrounding it.
2. Is the living space smaller than average?
At 999 sqft, the living area is slightly below the city-wide average but is typical for Munroe West, where comparable homes average about 958 sqft. It is a standard size for the neighborhood.
3. What can the lot size accommodate?
The 5,576 sqft lot is larger than most in Munroe West (ranking in the top 24% for the area), offering more outdoor space than typical. This allows for a sizable yard, garden, or potential additions, subject to local zoning.
4. When was it last sold, and for how much?
Public records indicate a sale between June 2020, with a price in the range of $300,000 to $350,000. For verified, exact historical sale figures, a manual lookup can be requested.
5. How does its age compare to nearby homes?
Built in 1955, it is slightly newer than the average home in Munroe West, ranking in the top 11% for year built in the area. It is a mid-century home consistent with the area’s established character.