Property Overview: 428 Kildarroch Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,056 sqft home, built in 1948, presents a compelling value proposition within Winnipeg's Robertson neighborhood. Its primary appeal lies in its strong positional value within its immediate context. While the home is around average in size for the city overall, it stands out significantly on its own street and in its neighborhood, ranking in the top 18% and 30% for living area, respectively. The most striking feature is its assessed value of $318k, which ranks in the elite top 3% on Kildarroch Street and the top 11% in Robertson, suggesting it is perceived as a higher-quality asset compared to its closest peers.
The property suits practical buyers looking for a well-sized home in an established area without a premium citywide price tag. It’s ideal for someone who values being above average in their immediate surroundings—enjoying more space and a higher assessment than most neighbors—rather than competing in broader, more expensive markets. The 4,002 sqft lot is standard for the street but smaller than many in the city, indicating a lower-maintenance yard. Recent sale history shows consistent value growth, with each transaction climbing into a higher price percentile.
A thoughtful perspective is that this home represents a "big fish in a small pond" scenario. It offers the psychological and financial benefits of owning one of the better properties on the block, which can contribute to stability and pride of ownership, all while keeping the purchase within a moderate budget compared to Winnipeg's citywide average.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much higher than the street average?
At $318k, the assessment is notably higher than the street average of ~$249k. This typically reflects the city's judgment that this specific property has superior attributes—such as its above-average living area, condition, improvements, or site specifics—compared to other homes on the block.
2. How does the lot size impact potential for expansion or renovation?
At 4,002 sqft, the lot is average for Kildarroch Street but below the neighborhood and city averages. This is a key consideration for buyers dreaming of large additions, a detached garage, or extensive outdoor amenities, as space may be more limited compared to other areas.
3. What does the sale history indicate about the property's market performance?
The home has sold three times since 2017, with each sale price reaching a higher percentile bracket among peers. This trend suggests the property has consistently appreciated in value relative to comparable homes in the area over recent years.
4. Is the living area suitable for a growing family?
At 1,056 sqft, the home is larger than most on its street and in Robertson. It provides above-average space for the immediate area, but buyers should compare this size directly to their needs, as it is below the Winnipeg citywide average for homes.
5. How can I verify the exact past sale prices?
The provided data shows price ranges. Due to industry regulations, exact sale prices are not published publicly here. You can request the full transaction history and exact figures by emailing the site directly for a manual lookup, which they provide without obligation.