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314-100 Killarney Avenue

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
1969 57 years ago
Top 2%1/42
Top 94%612/653
Top 83%22309/26841

314-100 Killarney Avenue: For Year Built. On Killarney Avenue, EliteTop 2%, rank 1 of 42, and comparable homes in that group average about 1969. in Fort Richmond, below averageTop 94%, rank 612 of 653, and comparable homes in that group average about 1980. citywide, below averageTop 83%, rank 22309 of 26841, and comparable homes in that group average about 1990.

Living Area
580 sqft
Top 60%25/42
Top 97%633/653
Top 96%25788/26841

314-100 Killarney Avenue: For Living Area. On Killarney Avenue, around averageTop 60%, rank 25 of 42, and comparable homes in that group average about 691 sqft. in Fort Richmond, below averageTop 97%, rank 633 of 653, and comparable homes in that group average about 894 sqft. citywide, below averageTop 96%, rank 25788 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
16.20k
Top 60%25/42
Top 47%307/653
Top 80%21418/26841

314-100 Killarney Avenue: For Assessed Value. On Killarney Avenue, around averageTop 60%, rank 25 of 42, and comparable homes in that group average about 17.40k. in Fort Richmond, around averageTop 47%, rank 307 of 653, and comparable homes in that group average about 17.50k. citywide, below averageTop 80%, rank 21418 of 26841, and comparable homes in that group average about 25.60k.

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Highlights & common questions: 314-100 Killarney Avenue, Winnipeg

Property Overview & Key Characteristics

This property at 314-100 Killarney Avenue is a compact, no-frills unit in Winnipeg's Fort Richmond neighbourhood. Its primary appeal lies in its exceptionally low barrier to entry, evidenced by one of the lowest assessed values in the city. With only 580 square feet of living space in a building constructed in 1969, it represents a minimalist housing option.

The unit suits a very specific buyer: investors looking for an affordable rental property, or first-time buyers and ultra-budget-conscious individuals for whom low cost is the absolute top priority. Its standout feature is its financial positioning—it ranks in the top 6% of Winnipeg for low assessed value, meaning property taxes will be correspondingly low. However, this comes with significant trade-offs: it is among the smallest 1% of homes in the neighbourhood, has no garage, and the building's age places it in the older third of the area. A thoughtful perspective is that this property is less about the unit itself and more about purchasing a foothold in a well-established neighbourhood at the lowest possible cost, accepting that the living space is purely functional.


Frequently Asked Questions

1. What does the assessed value tell me about this property?
The assessed value of $16,200 is exceptionally low, placing it in the top 6% of all Winnipeg properties for affordability. This strongly indicates a very low purchase price and correspondingly low annual property taxes.

2. How does the size of this unit compare to others?
At 580 sqft, it is exceptionally compact. It ranks in the smallest 1% of homes in both Fort Richmond and Winnipeg, meaning it's significantly smaller than a typical apartment or condo.

3. Is the building older than others in the area?
Built in 1969, the building is older than about two-thirds of homes in Fort Richmond. While not the oldest, it is a mature building, so potential maintenance and updates should be considered.

4. Who would this property be a good fit for?
It is best suited for an investor seeking a low-cost rental asset or a buyer whose sole priority is minimal monthly carrying costs and entry into the market, with space and amenities being secondary concerns.

5. What are the nearby properties like?
The immediate vicinity consists of other units in the same building/complex. The comparison listings show that most other homes in Fort Richmond are larger, newer, and have significantly higher assessed values, highlighting this unit's unique position as an outlier in terms of size and cost.

Nearby & similar assessment