Property Overview
This 764 sqft one-storey home at 335 Kilbride Avenue in Winnipeg's Jefferson neighbourhood presents a practical, no-frills opportunity. Built in 1948, it sits on a 3,276 sqft lot and features a renovated basement and a detached garage. The home’s key appeal lies in its straightforward, manageable scale and its position as a value-conscious entry point into the market. It is not a large or modern property, but rather a functionally updated post-war home that ranks as average or slightly below average in size and value for its immediate street, while being more modest compared to wider area and city benchmarks.
This property would suit first-time buyers, downsizers, or practical investors seeking a lower-maintenance footprint without a major renovation project. Its renovated basement adds functional living space, making the smaller main floor area more viable. A thoughtful perspective is that this home represents the "bones" of a neighbourhood—a solid, unpretentious property in a mature area where value is derived more from utility and location than from luxury or size.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 764 sqft of living area, this home is around average for Kilbride Avenue itself but is below the average size for both the broader Jefferson area and Winnipeg overall. It’s a compact, efficient layout.
2. What does the assessed value indicate?
The assessed value of $23.50k is average for the street but below average for Jefferson and the city. This typically suggests a lower property tax base, which can be an advantage for cost-conscious owners.
3. Is the basement a legal suite?
The listing notes a renovated basement, but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
4. What is the significance of the sold price history?
The home sold in June 2024 for an estimated $23.50k–$26.50k. This recent sale provides a clear, current benchmark for its market value, showing it transacts in a very affordable range.
5. Who would this property not suit?
It would likely not meet the needs of buyers seeking a large, modern home, substantial yard space, or an in-suite garage. The rankings show it offers less space and land than most city-wide averages.