| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 2004 （22 years ago） | Top 2%1/54 Avg2004 Top 1%1/163 Avg1988 Top 38%10264/26841 Avg1990 305-765 Kimberly Avenue: For Year Built. On Kimberly Avenue, Elite — Top 2%, rank 1 of 54, and comparable homes in that group average about 2004. in Valley Gardens, Elite — Top 1%, rank 1 of 163, and comparable homes in that group average about 1988. citywide, around average — Top 38%, rank 10264 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 1,041 sqft | Top 2%1/54 Avg1,038 sqft Top 2%3/163 Avg923 sqft Top 44%11892/26841 Avg1,042 sqft 305-765 Kimberly Avenue: For Living Area. On Kimberly Avenue, Elite — Top 2%, rank 1 of 54, and comparable homes in that group average about 1,038 sqft. in Valley Gardens, Elite — Top 2%, rank 3 of 163, and comparable homes in that group average about 923 sqft. citywide, around average — Top 44%, rank 11892 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 230k | Top 19%10/54 Avg22.60k Top 6%10/163 Avg18.60k Top 50%13372/26841 Avg25.60k 305-765 Kimberly Avenue: For Assessed Value. On Kimberly Avenue, above average — Top 19%, rank 10 of 54, and comparable homes in that group average about 22.60k. in Valley Gardens, above average — Top 6%, rank 10 of 163, and comparable homes in that group average about 18.60k. citywide, around average — Top 50%, rank 13372 of 26841, and comparable homes in that group average about 25.60k. | ||
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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Property Overview & Key Characteristics
This unit at 305-765 Kimberly Avenue is a well-situated condo in Winnipeg's Valley Gardens neighbourhood. Built in 2004, it is a relatively modern property compared to many in the wider area. Its key appeal lies in its balance of a newer build within an established community. With 1,041 sqft of living space, it offers a practical layout for condo living.
The standout data point is its top-tier location ranking—it sits in the 100th percentile for its specific street and the broader neighbourhood, suggesting a highly desirable spot within Valley Gardens. However, this is contrasted by its assessed value ranking, which falls in the lower percentiles for the same areas, indicating it may present a value opportunity relative to its immediate location. It has no basement, pool, or private garage.
This property would suit a first-time buyer or downsizer seeking a low-maintenance lifestyle in a prime pocket of the neighbourhood, without the upkeep of an older home or a large yard. It’s also a sensible option for an investor attracted by the strong locational appeal, as the modern build year could mean fewer immediate capital repairs compared to older stock.
Frequently Asked Questions
1. What does the "top 100% in neighbourhood" ranking actually mean?
This statistical ranking means this specific address is considered among the very best locations within the Valley Gardens neighbourhood boundary when compared to all other properties there. It's a strong indicator of desirability.
2. If the location ranks so highly, why is the assessed value ranking lower?
This contrast is noteworthy. It often occurs because assessed value reflects square footage, specific building features, and recent sales, while the location score is purely geographic. It can suggest you're paying more for the land/location than for the size or finishes of the unit itself.
3. What are the implications of having no private garage?
Residents likely rely on street parking or a shared lot. It's important to inquire about dedicated parking spots, visitor parking availability, and any associated permits or costs with the condo corporation.
4. The unit was built in 2004. What should I check regarding its condition?
While modern compared to many Winnipeg homes, a 20-year-old building may be approaching key maintenance intervals. Review the condo corporation's reserve fund study to see if major projects (like roofing, siding, or window replacements) are planned and funded.
5. The comparable listings show a wide range of assessed values. Why?
The "for reference" properties are not direct comparables; they include different building types (like older single-family homes) and conditions. Your real estate agent can provide true comparables—recent sales of similar condo units in the area—to give a clearer market value picture.
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