Property Overview: 476 Kildarroch Street, Winnipeg
Key Characteristics & Appeal
This is a compact, early 20th-century home in Winnipeg's Robertson neighborhood, built in 1914. With 815 square feet of living space on a 3,167 sqft lot, its physical attributes are consistently below average in size compared to neighboring homes, the wider area, and the city. This is reflected in its assessed value of $194k, which is notably lower than averages on its street ($249k), in Robertson ($269k), and across Winnipeg ($390k).
The primary appeal lies in its position as an accessible entry point into the housing market. It represents a lower financial barrier to homeownership in a city where average prices are significantly higher. The home last sold in March 2022 for an estimated $250k-$300k, suggesting a history as a practical, lived-in property rather than a renovated showcase. It would suit first-time buyers, investors seeking a rental property with a manageable entry cost, or downsizers looking for a modest, low-maintenance footprint. A thoughtful perspective is that its older vintage (1914) offers a unique charm and character absent in many newer builds on the street, though it likely implies a greater need for attention to maintenance and updates.
Frequently Asked Questions
1. Is the low assessed value a good sign?
It indicates a lower property tax burden and a more affordable purchase price. However, it often correlates with the home's smaller size, older age, and potentially the need for modernization compared to higher-valued neighbors.
2. How does the 1914 build year affect the property?
It means the home has historic character but likely requires careful inspection for aging components like plumbing, electrical, and the foundation. It is notably older than most homes on the street (average year built: 1945).
3. The home seems small. Is the lot size a compensating factor?
The lot is also below average for the area (3,167 sqft vs. a 4,457 sqft neighborhood average), so outdoor space is modest. This emphasizes the property's efficient, no-frills nature rather than offering expansive yard potential.
4. What does the sold price history tell us?
The 2022 sale in the $250k-$300k range, above the current assessed value, suggests the market may value it higher than the city's assessment. For accurate pricing, requesting the exact sold price history via the provided service is recommended.
5. Who are the typical neighbors?
Nearby properties are a mix of similar-sized homes from the 1940s-1950s with slightly higher assessed values, indicating this street consists of established, modest homes. 476 Kildarroch is among the oldest and most value-accessible on the block.