Property Overview: 319 Kilbride Avenue, Winnipeg
Key Characteristics & Appeal
This 912 sqft one-and-a-half storey home, built in 1932, presents a practical and affordable entry point into Winnipeg’s Jefferson neighborhood. Its key characteristics include a detached garage and an unfinished basement, offering functional space and future potential. The assessed value of $190k is notably below average for the area, indicating a relatively low property tax burden and a price point that stands out in the current market.
The primary appeal lies in its value proposition and location. It suits first-time homebuyers, investors, or downsizers seeking a straightforward, no-frills property without a premium price tag. The lot size, while modest city-wide, is fairly typical for Kilbride Avenue, offering manageable outdoor space. A thoughtful perspective for buyers is the home’s "blank canvas" potential; the unrenovated basement and classic layout allow for customization according to one’s own taste and budget, rather than paying for someone else’s possibly dated renovations. It’s a property for those who see utility and opportunity in a solid, older home, prioritizing financial accessibility and location over modern finishes or above-average square footage.
Frequently Asked Questions
1. What is the exact recent sold price?
The available public data shows a sale in April 2023 in the range of $175k to $205k. For the precise sale price, you can request the information via email from the listing source.
2. How does the assessed value affect property taxes?
With an assessed value significantly below the averages for Jefferson and the city, the municipal property taxes for this home are likely to be proportionally lower, which is a key ongoing cost advantage.
3. What does "one-and-a-half storey" mean for the layout?
This style typically features main living areas on the ground floor with smaller, often cozier bedrooms or additional space under sloped ceilings on the upper level. It’s a classic Winnipeg design that maximizes space efficiently.
4. Is the unfinished basement a drawback or an opportunity?
It depends on the buyer’s goals. It requires work to finish, but it also provides valuable, flexible space that can be customized as a rec room, home office, or additional storage without the upfront cost being factored into the purchase price.
5. How does the living space compare to the neighborhood?
At 912 sqft, the home is actually slightly above the average size for similar homes on Kilbride Avenue itself. This suggests it offers competitive interior space within its immediate, most relevant market context.