Property Overview
352 Kilbride Avenue is a compact, one-storey home in Winnipeg's Jefferson neighbourhood. Built in 1952, it sits on a standard city lot and features a detached garage. The home's key characteristic is its modest scale, with a living area of 668 sq ft and an unrenovated basement. Its assessed value is notably low, both for the street and the wider city, indicating a property with fundamental utility rather than premium finishes. Recent sale data shows it traded hands in August 2023.
Section 1: Key Details & Appeal
The primary appeal of this property lies in its affordability and simplicity. It represents a straightforward entry point into homeownership or a low-maintenance holding property. The home is smaller than most in the area, which translates to lower utility costs and less upkeep. Its assessed value is significantly below local averages, suggesting a correspondingly accessible price point.
This home would suit a specific type of buyer: a first-time purchaser or investor looking for a functional, no-frills asset. It’s a practical choice for someone who values location and land ownership over square footage, and who is prepared for a basement in its original condition. A thoughtful perspective is that its smaller size and lower taxes could offer financial flexibility, allowing a buyer to invest in gradual updates or simply enjoy a lower cost of living. It’s not a turn-key or spacious family home, but a solid foundation.
Section 2: Frequently Asked Questions
1. What does "below average" for living area and value actually mean?
The data shows this home is smaller and has a lower assessed value than most comparable properties on its street, in Jefferson, and across Winnipeg. This isn't inherently negative; it directly correlates with its likely lower purchase price and ongoing property taxes.
2. Is the basement finished or usable?
The listing specifies the basement is "not renovated." Buyers should anticipate an original, unfinished space that would require work to become a living area, but it still provides essential utility and storage.
3. How recent was the last sale, and why does it matter?
The property sold in August 2023. A recent sale indicates an active market for homes at this price point and can help establish current value trends for the immediate area.
4. What are the implications of having a detached garage?
A detached garage offers valuable storage or workshop space separate from the house. It is a positive utility feature, though it may mean a short walk during winter months.
5. The assessed value seems very low compared to city-wide averages. Why?
The city-wide average includes all property types and sizes across Winnipeg. This home's assessed value is consistent with its smaller size, age, and specific neighbourhood metrics. The low assessment is a key factor in its affordability.