Property Overview: 258 Kilbride Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home in Winnipeg's Jefferson neighbourhood, built in 1930. With 968 sqft of living space and a 3,282 sqft lot, its size is fairly typical for the immediate street but is considered more compact when compared to the wider city. The home features a detached garage and an unrenovated basement, presenting a straightforward, no-frills layout.
The primary appeal lies in its position as an accessible entry point into the market. Its assessed value is notably below averages for the street, neighbourhood, and city, suggesting a potentially lower property tax burden and an opportunity for buyers focused on fundamentals over premium finishes. It suits pragmatic, value-conscious buyers such as first-time homeowners comfortable with a property that may require updates, or investors looking for a rental property with a lower initial cost basis. A thoughtful perspective is that this home represents the "bones" of a neighbourhood—its value is tightly linked to the land and location rather than the structure itself, offering a clear canvas for someone who sees potential in incremental improvement over time.
Section 2: Frequently Asked Questions
1. Is the sold price history accurate?
The figures shown are estimated ranges based on public data. To obtain the exact historical sold price, you can request it via email from the listing service.
2. What does the "below average" assessed value mean for me?
A below-average assessed value generally correlates with lower municipal property taxes. However, it can also indicate that the home has not been recently reassessed following major renovations, or that its features are modest compared to area norms.
3. Who is this home most suitable for?
It is best suited for first-time buyers or investors with a practical mindset. The unrenovated basement and average-aged structure mean it appeals to those ready to handle maintenance or gradual updates, rather than someone seeking a move-in-ready, modern property.
4. How does the living space compare to the area?
At 968 sqft, the living area is around the average for Kilbride Avenue itself but falls below the averages for the larger Jefferson neighbourhood and Winnipeg overall. This indicates a cozy, efficient footprint typical of its specific street.
5. What are the implications of the 1930 build year?
Built in 1930, the home is older than most in the city. This can mean charming character but also necessitates a thorough inspection for aging components like wiring, plumbing, and the foundation. Its age is typical for its immediate street, so local contractors may be familiar with homes of this vintage.