Property Overview: 359 Kimberly Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 359 Kimberly Avenue in the Rossmere-B neighborhood presents a solid, value-oriented opportunity. Built in 1950, it is a classic post-war property with a living area of 1,182 sqft that ranks within the top 18% for size both on its street and in the wider community, offering more space than many comparable local homes. Its lot size of 5,767 sqft is also notably above average for the area, providing generous outdoor space.
The primary appeal lies in its positioning as a practical and relatively spacious home in an established neighborhood, with a municipal assessed value of $295,000 that sits below the Winnipeg city average. This suggests potential for manageable property taxes. The home would suit first-time buyers seeking a foothold in the market with room to grow, or value-focused investors looking for a rental property with strong fundamentals. A thoughtful perspective is that while the home is older, its above-average room sizes and lot for the immediate area offer a classic layout that can be modernized over time, potentially allowing a buyer to add value in a community where newer builds are scarce.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The 1,182 sqft living area is larger than the average home on Kimberly Avenue (1,042 sqft) and in the Rossmere-B community (1,047 sqft), placing it in the top 18% for size in both those categories.
2. What is the likely property tax based on the assessment?
The municipal assessed value for tax purposes is $295,000. You can estimate your annual property tax by multiplying this figure by the current City of Winnipeg mill rate.
3. Is the lot size typical for the area?
Yes, the 5,767 sqft lot is slightly above the average for both the street and the Rossmere-B community, offering more outdoor space than many neighboring properties.
4. There’s a past sale noted in 2017. How can I get accurate historical price data?
The page indicates a sale occurred between $200,000-$250,000 in late 2017. For precise, verified historical sale prices, the site advises registered users to request the data directly via email, as they provide it manually due to MLS data restrictions.
5. How does the age of this home compare to others?
Built in 1950, it is older than the average home on its street, in Rossmere-B, and across Winnipeg. This is typical for the core of the neighborhood and suggests buyers should consider the condition of major aging components like the roof, windows, and mechanical systems.