Property Overview: 363 Kimberly Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 363 Kimberly Avenue in Rossmere-B is a practical, no-frills property that presents a clear value proposition. Its key characteristic is its modest 832 sqft living area, which is notably smaller than averages for the street, neighborhood, and city. Built in 1950, it is slightly older than surrounding homes. However, this is balanced by a lot size that is on par with the area average at 5,784 sqft, offering good outdoor space relative to the home's footprint.

The primary appeal lies in its affordability and efficiency. With an assessed value significantly below local averages ($240k vs. a street average of $303k), it represents a lower barrier to entry into the Winnipeg market. This is a home for those who prioritize land over square footage, or who see potential in a manageable, cozy layout that is less expensive to heat, maintain, and furnish. It would suit first-time buyers, downsizers, or investors seeking a straightforward rental property. A thoughtful perspective is that its below-average metrics in size and assessment could mean lower property taxes compared to neighbors, and its established, older neighborhood often comes with mature landscaping and settled community feel that isn't reflected in the data.

Section 2: Frequently Asked Questions

1. What exactly was the last sale price?
Public data shows it sold between CA$200k–250k in November 2021. The exact final sale price is not publicly displayed in detail, but can be requested directly from the site with a provided email address.

2. How does the smaller living area impact daily life?
The home is efficient and likely easier to maintain, but requires thoughtful space planning. It may suit individuals, couples, or small families comfortable with a cozier layout, where the generous lot provides crucial "breathing room."

3. Is the lower assessed value a concern?
Not necessarily. It primarily reflects the home's smaller size and age compared to neighbors. It often translates to a more affordable purchase price and potentially lower property taxes, which is a key advantage for budget-conscious buyers.

4. What are the comparable homes nearby?
Nearby properties on Kimberly and Helmsdale Avenues, like 337 Helmsdale (761 sqft, $243k assessment) and 333 Helmsdale (1,149 sqft, $254k assessment), show a mix of sizes and values, indicating a varied streetscape where this home fits as a more compact option.

5. What might the "below average" rankings mean for future value?
While the home ranks below average in size and assessed value, it ranks high in its percentile for value on its street (Top 91%). This suggests it is already priced appropriately for its specs, potentially offering stable, predictable value rather than explosive appreciation, which can be appealing for long-term stability.