Property Overview: 648 Kylemore Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This 960 sqft home, built in 1914, presents a classic character property in the established Lord Roberts neighbourhood. Its key appeal lies in its relative affordability and position within a mature, central community. The home sits on a modest 2,207 sqft lot, which is smaller than the city average but typical for the area, offering lower maintenance. The assessed value of $260k is notably below the Winnipeg citywide average, suggesting a potentially accessible entry point into the market.
This property would suit a first-time buyer or an investor looking for a character home in a central location without a premium price tag. Its appeal is grounded in practicality: it’s a manageable size, in a neighbourhood where its value and living space are competitive among immediate peers. A thoughtful perspective is that while the home ranks below average citywide on many metrics, it performs around or above average within its own street and neighbourhood context. This indicates it’s a solid, representative property for Lord Roberts, not an outlier, offering the character and location of the area at a scale that matches its value.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
With an assessed value of $260k, this home ranks in the top 81% citywide, meaning its value is below the Winnipeg average. This typically indicates a more affordable price point compared to the broader market.
2. Is the lot size a limitation?
At 2,207 sqft, the lot is smaller than the city average but is fairly standard for the Lord Roberts neighbourhood. It offers lower yard maintenance, which can be a benefit for some buyers, but may limit extensive outdoor additions or landscaping.
3. What does the 1914 build date mean for a buyer?
The home has significant character but will likely require attention to aging components like wiring, plumbing, and insulation. A thorough inspection is essential. Notably, for its street and area, its age is quite typical.
4. The last sold price range shows $200k–$250k (2016). What does that indicate?
This historical data suggests the home has been held for nearly a decade. The current assessed value of $260k reflects market changes since that last sale. For an exact sale price, you must request it directly from the listing source.
5. Who would this home not suit?
Buyers seeking a large lot, modern construction, or above-average square footage for the city price would likely find this property a mismatch. It’s best suited for those who prioritize location and neighbourhood character over size or new builds.