Property Overview
This 1960-built home at 220 Kildare Avenue W in Victoria West presents a practical opportunity in Winnipeg’s housing market. With 870 sqft of living space on a 3,818 sqft lot, its key metrics generally sit below the citywide averages, which is reflected in its assessed value of $300k. The data suggests a home that is more modest in scale compared to both the immediate street and the wider city, but one that fits comfortably within the historical fabric of its established neighborhood.
Key Characteristics & Appeal
The primary appeal of this property is its position as an attainable entry point into a mature neighborhood. It suits first-time buyers, downsizers, or investors looking for a lower-priced footprint in Winnipeg. The home was built earlier than most on its street, offering a sense of established character, and its lot size, while smaller than the street average, is close to the typical size for Victoria West. This creates a manageable outdoor space without excessive maintenance.
A thoughtful perspective is that its "below average" size and value on its own street could be an advantage. It may represent a relative value play on a block where other homes command higher prices, offering potential for incremental improvement. The appeal lies in its functionality and location rather than luxury, catering to someone who prioritizes neighborhood over square footage.
Frequently Asked Questions
Q: How does the assessed value compare to likely market value?
A: The assessed value of $300k is a municipal figure for tax purposes. Market value can be higher or lower based on condition, updates, and market demand. It’s notably below both the street and city averages, setting a lower starting point.
Q: Is the smaller living area a concern?
A: At 870 sqft, it is compact. It will suit those comfortable with efficient living spaces. The data shows it's smaller than most homes on the street and in the city, so buyers should prioritize a functional layout over abundant space.
Q: The home is older than most on the street. Does that mean more issues?
A: Being built in 1960, it is older than the street average (1969). This doesn’t automatically mean problems, but it underscores the importance of a thorough inspection to understand the condition of major systems like roof, wiring, and plumbing.
Q: What does the lot size mean for me?
A: At 3,818 sqft, the lot is smaller than others on Kildare Avenue W but near the neighborhood average. It provides a decent backyard for a city home without being overwhelming to maintain.
Q: How does this property rank in its neighborhood?
A: Its rankings are mixed. It’s notably above average for its age in Victoria West (top 10%), but around or below average for value and size within the neighborhood. This indicates a well-established street with a variety of home sizes and values.