Property Overview
399 Kilbride Avenue is a compact, one-storey home built in 1917, situated on a modest lot in Winnipeg's Jefferson neighbourhood. Its key defining characteristic is its scale: with 566 sqft of living space, it is notably smaller than most homes on its street, in the area, and across the city. The home features a detached garage and an unrenovated basement. Recent sale prices and its current assessed value (approximately $17,700) position it firmly as an entry-level property.
Key Characteristics & Appeal
This home’s primary appeal lies in its affordability and simplicity. It represents a rare, low-barrier entry point into homeownership. The very compact size means lower utility costs and minimal maintenance, which could suit a minimalist, a first-time buyer on a tight budget, or an investor looking for a straightforward rental property. Its age (over 100 years) suggests classic construction but also implies that systems like plumbing and electrical may need attention. A thoughtful perspective for the right buyer is viewing its small size and unrenovated state not as drawbacks, but as a blank canvas with manageable scope; any updates or personalizations are contained to a very small footprint, keeping renovation projects and costs potentially more controllable than in a larger home. It would not suit those needing space for a family or who desire modern, move-in-ready finishes.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's very small size (566 sqft), its age, and its unrenovated condition compared to the typical Winnipeg home, which is significantly larger and newer.
2. What does "Top 95%" for Living Area mean?
This statistic means that 95% of homes in Winnipeg have a larger living area. For this property, it ranks 193,681st out of 194,458 city-wide, confirming it is among the very smallest homes available.
3. Is the basement usable?
The listing notes the basement is "not renovated." It is present but should be considered unfinished utility space, not livable area, and may require inspection for moisture issues common in homes of this era.
4. Who might this property be best for?
It is best suited for a very budget-conscious first-time buyer, a minimalist, or an investor. Its low cost and small scale make it a manageable, if no-frills, ownership proposition.
5. How does the lot size compare?
The lot is 2,481 sqft, which is smaller than average for the area. This means smaller outdoor maintenance but also limited potential for expansions or additions, which is an important consideration given the home's small interior size.