Property Overview: 650 Kylemore Avenue, Winnipeg
Key Characteristics & Appeal
This home at 650 Kylemore Avenue in Lord Roberts is a classic, compact property built in 1916. With 740 square feet of living space on a 2,207 sqft lot, it is modest in size compared to both local and city-wide averages. Its standout feature is its assessed value of $190k, which ranks in the top tier for the street and neighbourhood, suggesting it is a financially efficient entry into the area. The last known sale was between $150k–$200k in 2019.
The appeal lies in its position as a potential starter home or a straightforward investment in a well-established central neighbourhood. It suits buyers seeking affordability and simplicity—perhaps a first-time buyer, an investor looking for a manageable rental property, or someone wishing to downsize without leaving a connected community. A thoughtful perspective is that its smaller scale and lower taxes could offer financial flexibility, while its age presents an opportunity for someone interested in gradually restoring a character home without the burden of a massive footprint.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s $190k assessed value is notably higher than many neighbours (ranking 107 out of 114 on the street), but this typically reflects its condition or improvements relative to other, often smaller or lower-valued, homes in the immediate vicinity.
2. What should I consider about a home built in 1916?
While the systems and structure may have been updated over time, a home of this age will likely require ongoing maintenance and potentially significant updates (like wiring or plumbing). A thorough inspection is essential to understand the current condition and future needs.
3. Is the living space sufficient for a small family?
At 740 sqft, the living area is below average for the area. It would likely suit a single person, a couple, or a very small family comfortable with a cozy layout, but may feel cramped for those needing multiple bedrooms or dedicated workspaces.
4. Why is the lot size considered below average city-wide?
The lot is just over 2,200 sqft. While average for Kylemore Avenue, it is smaller than the Winnipeg city-wide average of over 6,500 sqft. This is typical for older, central neighbourhoods and means less yard space but also less maintenance.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. You can obtain the exact historical sale price by contacting the site via email, as they manually provide this detail upon request.