Property Summary: 523 Kimberly Avenue, Winnipeg
Key Characteristics & Appeal
This 1955-built home in the Rossmere-B neighborhood presents a classic Winnipeg property with a clear, practical value proposition. Its primary appeal lies in its generous 6,727 sqft lot, which is significantly larger than most on its street and in the wider neighborhood, ranking in the top 20% and 6% respectively. This offers substantial outdoor space for gardening, recreation, or future expansion—a notable asset in a mature area.
The 968 sqft living area and the ~$298k assessed value are consistently "around average" for both the immediate street and the Rossmere-B community, positioning it as a stable, mid-range option without surprises. Compared to the Winnipeg citywide averages, both the home's size and value are below average, which highlights its accessibility and potential as an entry point into the market. The home suits first-time buyers or practical downsizers seeking a manageable footprint on a desirable lot, or investors looking for a land-value play in a steady neighborhood. Its character is one of reliable consistency, with the lot size being its standout, less obvious advantage over many comparable properties.
Frequently Asked Questions
1. How does the lot size compare to nearby homes?
The lot is a key feature. At 6,727 sqft, it is larger than approximately 80% of lots on Kimberly Avenue and 94% of lots in the Rossmere-B neighborhood, offering more private outdoor space than most in the area.
2. Is the home's assessed value typical for the area?
Yes. The assessed value is very close to the averages for both the street ($303k) and the neighborhood ($311.9k), indicating it is priced in line with local norms and not an outlier.
3. Was the home recently sold, and for how much?
Public data indicates a sale occurred in March 2023, with a price range between CA$250,000 and $300,000. For the exact sale price, you can request the figures by email through the listing page.
4. How does the living space compare to a typical Winnipeg home?
The living area is below the Winnipeg citywide average of 1,342 sqft for comparable homes. This reflects its more compact, efficient layout, which is common for its era and location.
5. What is the home's ranking for year built?
Built in 1955, it is slightly older than the average home on its street (avg. 1958) but aligns with the neighborhood (avg. 1955) and citywide (avg. 1966) averages, placing it firmly within the city's stock of mid-century homes.