Property Overview: 548 Kimberly Avenue, Winnipeg
Key Characteristics & Appeal
This 986 sqft bungalow, built in 1955 on a 5,575 sqft lot, presents a solid, mid-century home in the Munroe West neighbourhood. Its assessed value of $313k sits notably above the area average, suggesting it is a well-regarded property within its immediate community. The appeal lies in its established setting—offering more living space and a larger lot than many area comparables—combined with the stability of a mature neighbourhood. Recent sale activity indicates strong demand, with the last sale price ranking in the top 10% for the street.
This home would suit practical buyers looking for character and space in an established area, without the premium of a new build. It’s a fit for first-time homeowners seeking a manageable footprint with room to grow, or downsizers wanting a single-level layout and a generous yard. A thoughtful perspective is that this property represents a "neighbourhood anchor"—its value metrics are stronger within Munroe West than on its own street or city-wide, highlighting the specific desirability of this local area.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 986 sqft, it offers more living space than the average Munroe West home (~958 sqft), but is moderately sized compared to the city-wide average.
2. What does the assessed value tell us about the property?
The $313k assessment is above the Munroe West average, indicating it is likely viewed as a higher-quality home within the neighbourhood, possibly due to condition, upgrades, or lot appeal.
3. How old is the home, and what should I consider?
Built in 1955, it is older than most in Munroe West. Buyers should budget for potential updates to major aging components like the roof, windows, or plumbing, common for homes of this era.
4. Is the lot size a significant feature?
Yes. The lot is over 5,500 sqft, which is larger than most in the area. This provides valuable outdoor space, potential for gardening, or room for additions, subject to zoning.
5. How can I verify the exact past sale prices?
The site provides sold price ranges. For fully verified, exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS.