Property Summary: 496 Kylemore Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 496 Kylemore Avenue in Lord Roberts is a practical, character property built in 1921. With 960 square feet of living space, it offers a comfortable size for the neighbourhood, ranking above average locally. Its assessed value is modest and in line with area norms, suggesting a manageable property tax burden. The lot, at just over 2,200 square feet, is notably compact, even for this established area.
The primary appeal lies in its efficiency and location. It represents an opportunity to enter the Lord Roberts neighbourhood in a home that requires less upkeep and maintenance than a larger property, both in terms of the structure and the yard. This suits first-time buyers, downsizers, or investors looking for a character home without the extensive land responsibility. A thoughtful perspective is that a smaller lot in a mature neighbourhood like this often translates to less time spent on yard work and lower exterior maintenance costs, allowing owners to enjoy the community amenities more readily. While the home's size and lot are below Winnipeg's city-wide averages, this is typical for central, established neighbourhoods and contributes to its affordability and lock-and-leave potential.
Section 2: Frequently Asked Questions
1. Is the lot size a disadvantage?
While smaller than many city lots, it is a common feature in central neighbourhoods. It means less outdoor maintenance and can be a perk for those seeking a low-maintenance yard. The property still provides private outdoor space.
2. How does the assessed value relate to the likely selling price?
The assessed value ($24,300) is for municipal tax purposes. The historical sale price from 2021 ($200k-$250k) is a more relevant, though outdated, market indicator. The final selling price will be determined by current market conditions.
3. What does the "below average" city-wide ranking mean?
Most metrics (like living area and lot size) rank below the Winnipeg average because this is a compact, older home in the central part of the city. Compared to newer suburban developments with larger homes on bigger lots, it naturally ranks lower. The key comparison is against the Lord Roberts neighbourhood itself, where it is much more average.
4. What are the implications of the home's age (105 years)?
It offers classic character but warrants a thorough inspection. Potential buyers should budget for updates to older systems (like plumbing or wiring) and consider the charm of original features against the practicality of modern renovations.
5. Can I get the exact historical sale prices?
The public data shows a price range. The exact sale price from previous transactions is available by request from the listing service, which they provide manually via email.