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Key Characteristics & Buyer Profile

This is a mid-century home (built around 1955) that prioritizes land over interior square footage. The living area is roughly 968 sq. ft., which is slightly below the average for its street, neighbourhood, and the city as a whole. The appeal here is not the size of the house itself, but the generous lot. At 6,737 sq. ft., the land is a standout feature—ranking in the top 5% within Rossmere-B and the top 19% citywide. The assessed value of around $322,000 is competitive, sitting slightly above the local median but below the citywide average, suggesting the price is largely carried by the land and location rather than the structure.

This property would suit buyers who are willing to invest in a renovation or expansion. It’s a strong fit for someone looking to get into a stable, established Winnipeg neighbourhood (Rossmere-B) without paying a premium for a fully updated home. It is less suitable for someone seeking a move-in-ready, spacious interior.

Frequently Asked Questions

1. Is this a fixer-upper or can I move in as-is?
That depends on your standards. The home is not listed as a teardown, but the living area is compact and the construction is from 1955. Expect original or at least older infrastructure. You can likely move in, but you should budget for updates to mechanicals, insulation, or layout changes.

2. Why is the land value so much stronger than the house value?
The rankings make this clear: the land (6,737 sq. ft.) is in the top 5% locally, while the home’s living area is in the bottom 37%. In established neighbourhoods like Rossmere-B, larger lots are increasingly scarce. You are effectively paying for the yard and the potential to expand, not the existing square footage.

3. How does this compare to the average Winnipeg home?
Citywide, the average home has around 1,342 sq. ft. of living space on a roughly median-sized lot. This property is roughly 28% smaller inside, but sits on a lot 30-40% larger than typical. If you value outdoor space and are willing to compromise on indoor room count, this is an outlier in a good way.

4. What’s the street like (Kimberly Avenue)?
Kimberly Avenue ranks fairly average within Rossmere-B for property size and age, but this specific home’s lot size puts it well above most of its immediate neighbours (top 15% on the street). It suggests a quieter, more established block with mature trees and room between houses.

5. Would this make a good investment property?
Potentially, but with a specific strategy. The assessed value is around average for the area, so it isn’t undervalued. However, a buyer could add significant value by expanding the home’s footprint to better match the lot size. As-is, it might appeal to renters who prioritize a big yard over a modern interior, but the return would likely come from a renovation or long-term land appreciation.