Property Overview: 133 Kimberly Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Kimberly Avenue in Kildonan Drive presents a compelling mix of modest living space and valuable land. Built in 1950, the 928 sqft house is smaller than most comparables in the area, but it sits on a notably large lot of over 7,000 sqft, ranking in the top 10% for land size on its street. The basement has been renovated, adding functional space, and the property includes a detached garage.
The primary appeal lies in its land value and potential. The lot size is a significant asset, offering ample outdoor space for gardening, recreation, or future expansion in a well-established neighborhood. Recent sales data suggests strong value retention and growth. This property would suit a practical buyer—perhaps a first-time homeowner, a downsizer, or an investor—who sees value in the land itself and is comfortable with a cozy, efficiently laid-out main living area. It’s a property where the real estate adage "land appreciates, buildings depreciate" feels particularly relevant, making it a grounded long-term holding.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 928 sqft, the living area is below the average for the local area. It would best suit individuals, couples, or small families who prioritize efficient use of space and the benefits of a large yard over a large interior floor plan.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or rooms. A viewing is essential to determine if it’s a finished living space, a modern utility/laundry area, or has been updated for storage and mechanical systems.
3. Why is the assessed value relatively high for a smaller home?
The assessed value of $34.80k ranks highly for the street, likely reflecting the premium value of the substantial lot size, the renovated basement, and recent sold prices in the area, which have been strong.
4. What are the implications of a detached garage?
A detached garage offers flexibility and can be ideal for a workshop or project space without affecting the main house. However, it requires going outdoors to access, which can be a consideration during Winnipeg winters.
5. How recent are the sales price estimates provided?
The data shows two recent sales: one in June 2024 and one in August 2020. The estimates are ranges based on public data. For the exact historical sold prices, you can request the information directly via the provided email link on the listing page.