Property Overview: 710 Kylemore Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, century-old home (built 1914) on a standard city lot in the established Lord Roberts neighbourhood. Its key appeal lies in its position as a relatively affordable entry point into a central Winnipeg community. With 840 sqft of living space, the house is compact and efficient, ranking around the average for its immediate street but below the average for the wider city. This suggests a home well-suited for a first-time buyer, a downsizer, or an investor seeking a character property without a premium price tag.
The data reveals a thoughtful perspective: while the home’s assessed value is modest compared to the city, it is actually quite typical for the Lord Roberts area itself. This indicates you are paying for location and lot rather than extensive modern square footage. The lot size, while smaller than many in Winnipeg, is average for Kylemore Avenue, offering manageable outdoor space. The most recent sale (2023) fell in the $250k-$300k range, which performed well compared to broader averages, hinting at steady demand for well-priced homes in this locale.
Section 2: Frequently Asked Questions
1. What is the typical buyer for this home?
Given its size, age, and price history, this property primarily suits first-time homebuyers, investors looking for a rental property, or those seeking a lower-maintenance, character home in a central neighbourhood.
2. How does the assessed value compare to the sale price?
The home’s assessed value is significantly lower than its last sale price. This is common, as municipal assessments for tax purposes often lag behind market values, especially in active markets. The sale price is a more current indicator of its market worth.
3. Is the living space smaller than average?
Yes. At 840 sqft, it is below the average for both the Lord Roberts neighbourhood and Winnipeg city-wide. However, it is closer to the average for Kylemore Avenue itself, indicating the street consists of similar, efficient homes.
4. What are the implications of the home’s age (1914)?
A 110-year-old home offers charm and established streetscapes but requires a buyer to be mindful of potential maintenance needs associated with older construction, such as updating electrical, plumbing, or insulation. A thorough inspection is essential.
5. How can I get the exact historical sale price?
The exact sold prices are not publicly displayed in detail. You can request the precise figure by emailing the listing service through the provided button. They provide this data manually without obligation for marketing.