251 Kilbride Avenue

Property Overview: 251 Kilbride Avenue, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home in Winnipeg's Jefferson neighbourhood, built in 1922. Its primary appeal lies in being an accessible, lower-cost entry point into homeownership. With a living area of 705 sqft and a renovated basement, it offers functional space for a small household. The home sits on a modest 2,218 sqft lot, which is smaller than most in the area but translates to minimal exterior maintenance. A detached garage provides storage or parking.

The data reveals a nuanced position: while the house itself is below average in size and assessed value compared to its immediate street, neighbourhood, and the wider city, its lot size is notably smaller. This suggests the value proposition is centered on the dwelling itself and its location, not land potential. The renovated basement adds modern livability to the historic structure.

This property would best suit first-time buyers, downsizers, or pragmatic investors seeking a straightforward, low-maintenance home without frills. It’s for those who prioritize financial accessibility and a renovated interior over square footage or yard space. A thoughtful perspective is that its smaller scale and vintage charm could be a perfect fit for someone seeking a "right-sized" home, avoiding the upkeep and cost of larger, more typical properties.

Frequently Asked Questions

1. How does the home’s size compare practically?
At 705 sqft above grade, it is a compact bungalow. The renovated basement effectively doubles the usable living space, making it functional for a couple or small family.

2. What does the assessed value indicate?
The $200k assessment is below average for the area. This typically correlates with a lower purchase price and property taxes, aligning with the home’s position as a more affordable option.

3. Is the small lot size a major drawback?
It depends on your lifestyle. It severely limits expansion, gardening, or outdoor recreation space. However, it significantly reduces yard work and upkeep responsibilities, which can be a benefit for some buyers.

4. What is the neighbourhood context?
Jefferson is an established, mature neighbourhood. The home ranks in the middle of the pack for its age on the street, meaning it fits the area's character, but its lot size is the smallest on Kilbride Avenue.

5. Where can I find exact historical sale prices?
The listing service provides estimated sale price ranges from public data. For precise historical sale figures, you must request them directly via the email option provided on the listing page.