Property Overview: 71 Kilmarnock Bay, Winnipeg
Key Characteristics & Appeal
This 1,882 sqft home, built in 1978, presents a compelling value proposition within Winnipeg’s Pulberry neighborhood. Its primary appeal lies in its strong performance relative to broader area averages, despite being more modest compared to its immediate street. The living area is notably above average for both the neighborhood and the city, offering generous space. With an assessed value of $490k, it sits above the Pulberry and Winnipeg averages, yet it is the most affordable home on Kilmarnock Bay, where average values are over $556k. This creates a unique opportunity: ownership on a desirable street without the typical street premium. The lot size is solid by city standards and the home is one of the newer builds on its block.
This property would suit value-conscious buyers looking for a spacious home in an established neighborhood. It’s ideal for someone who prioritizes interior space and a favorable assessment relative to the wider market over having the largest lot or most expensive home on the street. It represents a pragmatic choice for gaining entry into a well-ranked area.
Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
Yes, from a data perspective. The home has the lowest assessed value on Kilmarnock Bay, significantly below the street average, while offering a living area that is close to the street norm. This suggests a potential value advantage on this specific block.
2. How does the property rank in the broader neighborhood?
It ranks very well in Pulberry. It’s in the top 12% for living area and the top 16% for assessed value, indicating it is considered a larger and more valuable property within the neighborhood context.
3. What does the sold price history indicate?
Records show it sold between $500k-$550k in June 2023. This placed it in the top 7% of sales for the Pulberry area at that time, confirming its strong market position within the neighborhood.
4. Why is the lot size ranking different at each level?
The lot is above average city-wide and in the neighborhood, but slightly below the average for Kilmarnock Bay itself. This is common and indicates the street may have particularly large lots, while this property’s lot is still generous compared to most of Winnipeg.
5. How can I verify the exact historical sold prices?
The site notes that exact sold prices are not displayed publicly due to data source rules. You can request the exact figures via email, and their team will provide a manual lookup from verified records at no cost.