Property Overview: 368 Kimberly Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 368 Kimberly Avenue in the Munroe West neighbourhood presents a practical and value-conscious opportunity. Built in 1951, it’s a classic post-war property offering 1,080 sqft of living space on a 4,795 sqft lot. The data reveals its primary appeal lies in its efficient use of space and its position within a specific market segment. Its living area is notably above average for both its immediate street and the Munroe West area, suggesting a comfortable footprint compared to many nearby homes. With an assessed value of $293,000, it sits at a more accessible entry point compared to the Winnipeg city-wide average, while being typical for its local area.
This property would suit first-time buyers or practical investors seeking a home with solid fundamentals in an established neighbourhood, without a premium price tag. Its appeal is grounded in offering more interior space than many local comparables for a value-conscious price. A thoughtful perspective is that this home represents the "median" experience in its immediate vicinity—it’s not the newest or largest on a city-wide scale, but it holds its own and offers relative space advantages in its local context, which can be a smart compromise.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to nearby properties?
The assessed value of $293,000 is very typical for Munroe West, ranking near the middle of homes in the area. It is, however, notably below the current city-wide average assessed value, which may indicate a relative value opportunity within Winnipeg.
2. Is the living space large for the area?
Yes. With 1,080 sqft, this home offers above-average living space for both Kimberly Avenue and the broader Munroe West neighbourhood, ranking in the top 23-26% locally. This is one of its standout features.
3. When was it last sold, and for how much?
Public records indicate a sale between June 2016, in the price range of CA$200,000–$250,000. To obtain the exact historical sale price, you must request a manual lookup from the site via email.
4. What should I consider about the home’s age?
Built in 1951, the home is older than the average house in Winnipeg. While typical for its street and area, a buyer should factor in the potential for updates to major aging components like roofing, plumbing, or windows.
5. How does the lot size compare?
The 4,795 sqft lot is around average for the city, the Munroe West area, and Kimberly Avenue itself. It provides a standard outdoor space consistent with the neighbourhood character, neither particularly large nor small in its direct context.