Property Summary: 19 Kilburn Place, Winnipeg
Key Characteristics & Appeal
This 1,120 sqft bungalow, built in 1983, presents a solid, middle-of-the-road offering in the established River Park South neighborhood. Its primary appeal lies in its balance and practicality. The home sits on a 5,971 sqft lot that is notably larger than the neighborhood average, offering valuable outdoor space and potential. While the living area is modest compared to others on its street, it aligns closely with city-wide averages, suggesting a manageable and efficient layout.
The property’s assessed value of $395k is slightly above the Winnipeg average but sits below the averages for its immediate street and neighborhood. This positioning could indicate an opportunity for a buyer seeking a stable, established area at a relative value compared to its direct surroundings. The home last sold in 2016 for between $300k-$350k, providing a reference point for its appreciation.
This property would best suit pragmatic buyers—perhaps first-time homeowners, downsizers, or investors—who prioritize a generous lot in a mature community over a large interior footprint. It’s for someone who sees value in a home that is statistically average in many city-wide metrics but offers the less obvious advantage of a more substantial piece of land within its local context.
Frequently Asked Questions
1. Is this house a good value for the area?
The assessed value is below the current average for both Kilburn Place and the wider River Park South neighborhood, while being slightly above the Winnipeg average. This suggests it may represent a relative value within its more immediate, desirable context.
2. How does the lot size compare?
The lot is a key feature. At nearly 6,000 sqft, it is larger than the typical lot in River Park South, offering more private outdoor space than many neighboring properties.
3. The living area seems smaller than others on the street. Is that a concern?
The living area is indeed below the street average. This points to a more compact or efficiently designed home. Buyers should consider if the layout and room sizes meet their needs, weighing this against the benefit of the larger lot.
4. What can the 2016 sale price tell me?
The home sold for an estimated $300k-$350k in mid-2016. This historical data helps illustrate the property’s appreciation trend over nearly a decade, providing a benchmark for market changes.
5. How can I get the exact historical sale prices?
The exact sold prices are not publicly displayed due to industry regulations. You can request the full transaction history and exact figures via email from the site, which they will provide manually without using your email for marketing.