992 Kimberly Avenue

Valley Gardens, ਵਿਨੀਪਿਗ

Property score

56.3

Fair

Overall 56.3 · Smaller than most nearby homes

980 sqft (bottom 29%) · Built in 1975 (1 yr older than avg)

Located in a above-average income area with median household income of ~72.5k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 1 healthcare facility, 3 parks, and 1 sports facility nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

12% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 69%Punjabi · 6%

Past 10 years Valley Gardens sales snapshot (~80% of all data)

Sold Count

652

Median price

325k

$/sqft

$343/sqft

Avg build year

1976

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Property score

56.3 is composed by the two sections below.

Property Score

50.0Fair
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ980 sqft42Low
ਤਰੀਕ ਤੋਂ ਬਣਿਆ197558Fair
ਜ਼ਮੀਨ5,700 sqft74Good
Neighbourhood Sales Activity42Low

Community Score

65.8Good
Household Income74Good
Education Level44Low
Housing Stress74Good
Core Housing Need50Fair
Employment Health76Good

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Valley Gardens

How to read: Share of sales in each ~$50k price band for “valley gardens” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110881

Community deep dive

$73K

Median household income

$78K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

26%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)536
Labour force participation rate66%
Median age36.8
Avg household size2.6
Unemployment rate6%
Population density1675 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households26%
Couple families with children23%
Median household income (2020)$73K

Housing

Renter households58%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority38%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 68%
Mother tongue (2nd)Punjabi · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
980 sqft
0255075100
Same streetਹੇਠਲੇ 44%Same areaਹੇਠਲੇ 29%Citywideਹੇਠਲੇ 24%
Same street · Kimberly Avenue
#135 / 239
ਹੇਠਲੇ 44% · ਔਸਤ 1,042 sqft
Same area · Valley Gardens
#1,425 / 2,004
ਹੇਠਲੇ 29% · ਔਸਤ 1,117 sqft
Citywide · ਵਿਨੀਪਿਗ
#147,753 / 194,458
ਹੇਠਲੇ 24% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
361k
0255075100
Same streetਟਾਪ 9%Same areaਟਾਪ 29%Citywideਟਾਪ 50%
Same street · Kimberly Avenue
#21 / 239
ਟਾਪ 9% · ਔਸਤ 303k
Same area · Valley Gardens
#580 / 2,004
ਟਾਪ 29% · ਔਸਤ 325.5k
Citywide · ਵਿਨੀਪਿਗ
#97,103 / 194,458
ਟਾਪ 50% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1975
0255075100
Same streetਟਾਪ 10%Same areaਟਾਪ 39%Citywideਟਾਪ 40%

ਜ਼ਮੀਨ

ਔਸਤ
5,700 sqft
0255075100
Same streetਟਾਪ 43%Same areaਟਾਪ 36%Citywideਟਾਪ 39%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

992 Kimberly Avenue — 7 amenities found within 500 m, across 4 categories, including 2 education (nearest 462 m), 1 healthcare (nearest 363 m), 3 parks (nearest 104 m).

Search radius
🏫Education2
🏥Healthcare1
🌳Parks3
💪Sports1

Crime & Safety

Valley Gardens · WPS public data · 2026

Annual incidents

28

2026

vs. city avg

-5%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

71%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

8/2023 ਵਿਚ ਵਿਕਿਆCA$350k–400k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 7%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 21%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 39%

Related homes

ਵਿਨੀਪਿਗ 992 Kimberly Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Summary: 992 Kimberly Avenue, Valley Gardens, Winnipeg

Key Characteristics & Appeal

This 1975-built home on Kimberly Avenue presents a compelling mix of value and established character. With 980 sqft of living space and a 5,700 sqft lot, its size is typical for its immediate street but sits below the wider neighborhood and city averages. The true standout is its assessed value of $361k, which ranks significantly above average for both the street (Top 9%) and the Valley Gardens neighborhood (Top 29%). This suggests the property is perceived to offer strong value relative to its local market, potentially due to factors like its condition, updates, or specific lot advantages not captured in raw square footage.

The appeal lies in its position as a solid, value-oriented home in an established area. It suits practical buyers looking for a foothold in a mature neighborhood without a premium price tag, and who may prioritize lot size or location over sheer interior space. It’s a property that outperforms its direct peers in financial appraisal, indicating a wise investment for the area. A thoughtful perspective is that while the living area is modest, its above-average valuation on a street of similar homes hints at underlying qualities—perhaps excellent upkeep, desirable layout, or a prime spot on the block—that a viewing would reveal.

Frequently Asked Questions

1. Is the house smaller than average?
Yes. At 980 sqft, the living area is below the averages for both the broader Valley Gardens neighborhood (1,117 sqft) and the city of Winnipeg (1,342 sqft). However, it is much closer to the average for homes specifically on Kimberly Avenue (1,042 sqft).

2. Why is the assessed value so high compared to the street average?
The home’s assessed value of $361k ranks in the top 9% on Kimberly Avenue, where the average is $303k. This suggests assessors have attributed higher value based on specific factors, which could include recent improvements, superior condition, or favorable lot characteristics compared to its immediate neighbors.

3. What does the "Year Built" ranking mean?
Built in 1975, this home is newer than most on its street (ranking Top 10%, where the street average is 1958). This is a relative advantage, indicating potentially fewer age-related concerns than many neighboring houses.

4. How does the lot size compare?
At 5,700 sqft, the lot is slightly larger than the averages for both Kimberly Avenue and the Valley Gardens neighborhood. It offers a typical outdoor space for the area.

5. Who is this home best suited for?
This property is ideal for value-conscious buyers seeking an established neighborhood. It suits those comfortable with a cozier interior footprint who appreciate a larger lot and the financial advantage of owning a home assessed well above its local peer average. It may also appeal to investors or buyers looking for a property with strong foundational value in a mature community.

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