Property Overview: 524 Kimberly Avenue, Winnipeg
Key Characteristics & Appeal
This home at 524 Kimberly Avenue in Munroe West is a practical and well-situated property. Built in 1955, it offers 1,144 sqft of living space on a generous 5,575 sqft lot. The data reveals its primary appeal is in its strong local standing. Its living area is notably above average for both its immediate street and the wider Munroe West area, suggesting a home that offers more interior space than many of its neighbours. The lot size is also comfortably above the area average, providing good outdoor potential.
With an assessed value of $290,000, it sits around the average for its neighbourhood but below the Winnipeg city-wide average. This positioning could represent a relative value opportunity for a buyer focused on the Munroe West community specifically, rather than city-wide comparisons. The home last sold in early 2019, and its current assessed value is moderately higher than the sale price at that time.
This property would suit a buyer looking for a established neighbourhood character with space to stretch out, both inside and out. It’s a match for someone who values being in a home larger than most on the block and who sees potential in a solid, mid-century structure on a good-sized lot. It may be less suited for buyers prioritizing a newer build or those comparing values strictly against city-wide averages.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
Its living area of 1,144 sqft ranks in the top 20% on Kimberly Avenue and the top 17% in the Munroe West area, meaning it is significantly larger than many nearby homes.
2. Is the assessed value high for the neighbourhood?
The $290,000 assessment is around the average for Munroe West. It is lower than the average on its specific street but higher than the area average, placing it in a middle range locally.
3. What is the significance of the lot size?
At 5,575 sqft, the lot is above average for the Munroe West area, offering more yard space than many comparable properties. This is a key feature for privacy, gardening, or future outdoor projects.
4. When was it last sold, and how has value changed?
The property last sold in February 2019. The current assessed value of $290,000 is higher than its sold price range of CA$200k–250k at that time, indicating appreciation.
5. How can I get the exact historical sale price?
The website provides sold price ranges for general browsing. To obtain the exact sale figures and full transaction history, you must request a manual lookup via email through the site’s provided form.