Property Summary: 976 Kimberly Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home at 976 Kimberly Avenue presents a solid, above-average offering within its immediate locale. Built in 1974, it is notably newer than most houses on its street, suggesting potentially fewer concerns with aging infrastructure. With 1,011 sqft of living space and a 5,500 sqft lot, its size is very much in line with the Valley Gardens neighborhood standard, offering comfortable space without excessive upkeep.
The primary appeal lies in its strong positioning on Kimberly Avenue itself. Its assessed value ranks in the top quarter for the street, indicating it is perceived as a higher-quality asset compared to its direct neighbors. This creates an interesting dynamic: while the home is average-sized for the area, it holds above-average value and modernity on its specific block. This suits buyers looking for a established, character neighborhood home that stands out positively on its street, without being the largest or most expensive property in the wider city. It’s an ideal match for first-time buyers, downsizers, or pragmatic investors seeking a property with a strong foundational value in a mature community.
Section 2: Frequently Asked Questions
1. Is the living space sufficient for a growing family?
At 1,011 sqft, the living area is typical for the Valley Gardens neighborhood but below the Winnipeg city average. It is well-suited for individuals, couples, or a small family. Those needing significant room for expansion or multiple dedicated spaces should consider their long-term needs.
2. What does the above-average assessed value on the street indicate?
A higher assessed value compared to street neighbors often reflects a combination of the home’s newer construction (1974 vs. a 1958 street average), better condition, and/or desirable improvements. It suggests the property has been maintained or updated to a standard that the municipal assessor views favorably relative to nearby homes.
3. How does the lot size compare, and what are the implications?
The 5,500 sqft lot is very close to the neighborhood average. It provides a generous outdoor space for gardening, recreation, or additions like a shed or deck, while still being a manageable size for regular maintenance.
4. Is this considered an older home, and what should I be aware of?
While newer than most on its street, a 1974 build is now 50 years old. Prospective buyers should prioritize inspections for era-specific components like original plumbing, electrical systems, windows, and insulation, which may be due for updates even if the home is in good relative condition.
5. How does this property’s value hold up in the broader Winnipeg market?
Citywide, its assessed value is around the average mark. This indicates the property is priced accessibly within the greater Winnipeg context, while its stronger standing on its own street could offer a degree of insulation and stability relative to immediate comparables.