Property Overview: 381 Kimberly Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 381 Kimberly Avenue is a classic 1950s bungalow in the Rossmere-B neighborhood, presenting a straightforward and practical homeownership opportunity. Its key characteristic is a clear value proposition: you are purchasing a larger-than-average lot in a stable area for a price point that sits below city and neighborhood averages for assessed value.
The appeal lies in its balance and potential. The 6,035 sqft lot is notably larger than most in Rossmere-B, offering valuable outdoor space for gardening, play, or future expansion—a significant asset not reflected in the home's modest 832 sqft living area. While the house itself is smaller and older than many comparables, this is precisely what positions it as a more accessible entry point into the market. It suits first-time buyers, downsizers seeking a manageable property with a generous yard, or value-focused investors looking for a land-strong asset. The property offers a chance to own in an established community without the premium price tag of a renovated or larger home, making it a canvas for personalization over time.
Section 2: Frequently Asked Questions
1. Is this a "fixer-upper"?
While the home is from 1950 and has below-average living space, the data doesn't specify its condition. Its assessed value is below neighborhood and city averages, which often correlates with a property in original or dated condition. Buyers should budget for updates typical of a home of this age.
2. How does the lot size add value?
The lot is a standout feature, ranking in the top 25% within Rossmere-B. This provides immediate utility and long-term optionality, whether for outdoor living, adding a garage or workshop, or simply enjoying more privacy than is typical for the area.
3. What does the sold price history indicate?
Records show it last sold between $250k-$300k in 2017. While past performance isn't a guarantee, this suggests a history of being priced accessibly. The current assessed value of $287k is consistent with this range, indicating stable municipal valuation.
4. How does it compare to the neighbors?
The nearby comparable properties show similar vintage homes but with a wide range of sizes and values. This home sits at the lower end of the assessed value spectrum for the immediate area, often trading interior square footage for its larger parcel of land.
5. Where can I get verified sale price data for this home?
The provided data is based on public records. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.