Property Overview: 520 Kimberly Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,229 sqft bungalow, built in 1955 on a 5,575 sqft lot, presents a solid, above-average offering within its immediate Munroe West neighbourhood. Its primary appeal lies in its strong local standing rather than city-wide comparisons. The living space is notably generous for the area, ranking in the top 11%, offering more room than most nearby homes. Similarly, its assessed value of $313k sits comfortably above the neighbourhood average, suggesting good value retention in this specific market.
The property suits practical buyers looking for a well-sized family home in an established community. It’s ideal for someone who values space and neighbourhood consistency over a newer build or a premium city-wide location. A thoughtful perspective is that this home represents a "neighbourhood anchor"—it’s not the newest or the largest in Winnipeg, but within its own streetscape, it is a substantial and valuable property. Its last known sale was between 2017-2022, indicating a potential owner who has maintained it for several years, which can often point to a stable history.
Section 2: Frequently Asked Questions
1. How does this home really compare to others nearby?
The data shows it stands out locally. It has significantly more living space than the average Munroe West home and sits on a larger-than-average lot for the area, while its assessed value is also above the neighbourhood norm.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($313k) is for municipal tax purposes and is a starting point. Notably, it is above the average for both the street and the Munroe West area, but below the Winnipeg city-wide average. Market conditions, the home’s condition, and recent upgrades will ultimately determine the sale price.
3. What does the year built (1955) mean for a buyer?
Built in the mid-1950s, this home is older than the average in Munroe West but typical for Winnipeg. Buyers should budget for age-related maintenance and consider the potential for outdated mechanical systems (like plumbing or wiring), but also appreciate the character and established lot size that often come with homes of this era.
4. How can I find out the exact past sale price?
The site provides sold price ranges for transparency. To receive the exact historical sale figures, you must request them via email from the site administrators, as they manually look up and provide this data due to industry regulations.
5. What is the immediate neighbourhood like based on this data?
The listed "nearby properties" are all on the same block or adjacent streets, indicating a tight-knit, consistent streetscape. The similar assessed value of homes in other neighbourhoods, like Varsity View or Eric Coy, can offer perspective on what your budget might afford in different parts of the city.