Property Overview: 215 Kilbride Avenue
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1917, presents a practical opportunity in Winnipeg's Jefferson neighbourhood. Its key appeal lies in its relative spaciousness within a very specific context. While its 1,227 sqft living area is around the citywide average, it ranks in the top 8% for size on its own street and the top 21% within Jefferson, meaning it offers more interior space than many immediate neighbours. This creates a value proposition for the area.
The home sits on a modest 2,480 sqft lot, which is smaller than most in the city and neighbourhood. This translates to lower maintenance and could suit buyers seeking a manageable outdoor space. The property features a detached garage and an unrenovated basement, indicating potential for future customization. Its assessed value is notably below area and city averages, which often reflects the home's age, condition, and lot size, but can signal an accessible entry point.
This property would best suit a value-conscious buyer who prioritizes interior square footage over land size, and who is comfortable with a home from the early 20th century. It’s a pragmatic choice for someone looking for a foothold in a neighbourhood where this home offers more space than many others nearby, possibly appealing to first-time homeowners or investors eyeing the rental market. A thoughtful perspective is recognizing that a smaller, efficiently used lot in an established area can mean less weekend work and more time enjoying the community.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
Assessed value is for municipal tax purposes and is influenced by specific factors like the home's age, the unrenovated basement, and the smaller-than-average lot size for Winnipeg. It doesn't necessarily reflect market sale price but indicates a lower tax base relative to many city homes.
2. What does "top 8% for living area on its street" really mean?
This statistical ranking shows that this home has more living space than 92% of the other homes on Kilbride Avenue. In practical terms, if you like the street, this specific house likely offers more room than most others you would see there.
3. Is the smaller lot a major drawback?
It depends on your lifestyle. A smaller lot means less yard maintenance and gardening, which can be a positive for those seeking low upkeep. However, it offers less private outdoor space and limited potential for expansions like a large addition or pool.
4. What should I consider about a home built in 1917?
Homes of this age possess character but require diligent attention to aging components. A thorough inspection is essential to understand the condition of the foundation, plumbing, electrical systems, and insulation. The unrenovated basement also presents both a project and a blank slate.
5. How reliable are the past sold price ranges shown?
The ranges are based on available public data. For precise historical sale figures to inform your offer, you should request the exact sold price history directly via the provided email service, as this ensures accuracy for your financial planning.