Property Overview: 416 Kilbride Avenue
Key Characteristics & Appeal
This 1955 one-storey home in Jefferson sits on a generous 4,265 sqft lot, placing it in the top third for size on its street. Its primary appeal lies in a balance of established character and practical updates, most notably a renovated basement that adds valuable finished space to the 1,092 sqft main floor. The detached garage offers flexible storage or workshop potential.
The home’s data reveals thoughtful strengths: it ranks newer than 90% of houses on Kilbride Avenue and is in the top 30% of Winnipeg for lot size, suggesting a premium position within its locale. Its assessed value is consistently higher than most immediate neighbors, indicating a perceived stability or advantage. This property would suit first-time buyers or downsizers looking for a manageable single-level layout with room to grow, and value-focused buyers who appreciate a larger, well-positioned lot in an established neighborhood over a brand-new build. It offers a pragmatic opportunity to own a home with above-average fundamentals for the area, where the value is anchored more in land and location than in sheer square footage.
Frequently Asked Questions
1. What does the "renovated basement" typically include?
While specifics should be verified by a viewing and inspection, a renovated basement in a home of this era often means it has been finished into a livable space, potentially including a recreation room, additional bedroom, or laundry area, adding functional square footage to the home.
2. How does the age of the home (1955) affect maintenance?
A home from this period may have older components like the roof, windows, or plumbing that could require attention or updating. However, its ranking as newer than most on the street suggests it could be comparatively younger than many neighboring houses, potentially implying some infrastructure may have been addressed over time.
3. The assessed value is $31.70k, but what is the likely selling price?
The assessed value is for municipal tax purposes and is typically significantly lower than market value. The selling price will be determined by current market conditions, buyer demand, and the home's specific features. Comparable recent sales in Jefferson are the best guide.
4. Who is responsible for maintaining the lanes/driveway access for the detached garage?
Access for a detached garage typically runs via a rear lane. Maintenance of this laneway is usually the responsibility of the city, but it's wise to confirm this and observe the condition of the lane during a visit.
5. The lot is larger than most on the street. What are the advantages?
A larger lot provides more private outdoor space, greater potential for gardening, additions like a shed or deck, and generally feels less crowded. It can also contribute to better natural light and airflow around the home.