Property Overview: 656 Kylemore Avenue, Lord Roberts, Winnipeg

Section 1: Key Characteristics & Appeal

This home, built in 1927, presents a classic Winnipeg character property with a standout feature: an exceptionally large lot. At 4,414 sqft, the land size ranks in the top 3% for Kylemore Avenue, offering rare potential for expansion, gardening, or outdoor living in the established Lord Roberts neighbourhood. The living space (756 sqft) is modest and below the area average, suggesting a cozy, efficient layout typical of its era. With an assessed value that is around average for the immediate area but below the city-wide average, this property positions itself as an opportunity. Its appeal lies in the value of the land itself and the chance to tailor a home to one's needs, whether through renovation, an addition, or simply enjoying the generous yard.

This home would best suit a practical buyer who sees potential beyond the current structure. It's ideal for a first-time homeowner comfortable with a project, an investor looking for a property with strong "value-add" possibilities through improvements, or anyone prioritizing private outdoor space over a large interior in a central, mature neighbourhood.

Section 2: Frequently Asked Questions

1. Is the house in need of major updates?
Given its 1927 construction and modest living area, buyers should budget for updates. The systems, insulation, and interior finishes likely reflect its age, so a thorough inspection is essential to understand the scope of any required modernization.

2. Why is the assessed value relatively low compared to the city average?
The assessed value is primarily a function of the existing structure's size, age, and condition. While the lot is large and valuable, the below-average living area and age of the home keep the official assessment lower than newer or larger homes city-wide.

3. Can the large lot be subdivided or used for an addition?
The oversized lot is this property's greatest asset. While specific feasibility depends on City of Winnipeg zoning bylaws and regulations, the lot size creates clear potential for a significant addition, a garage, or even future subdivision, subject to approval.

4. How does this home compare to others on the same street?
It has a significantly larger lot than most neighbours (top 3% on the street) but a smaller living area (top 76%). This unique combination means it offers more outdoor space than nearby homes but less indoor space.

5. What is the exact prior sale price?
Public records show a sale between $200,000 and $250,000 in 2016. For the precise sale price, you can request the exact figure via email from the listing source, as this information is verified manually from non-public data.