Property Overview
6 Kenneth Street is a one-storey home in Winnipeg's Crescent Park neighbourhood. Built in 1954, it features 1,036 sqft of living space, a renovated basement, and a detached garage on a 6,274 sqft lot. Its most recent recorded sale was in July 2021 for $34,500, with a current assessed value of $40,200.
Key Features & Buyer Appeal
This home’s primary appeal lies in its solid foundation within a mature neighbourhood and its relative value. Key characteristics include a recently renovated basement, adding functional living space, and a lot size that is above average citywide, offering good outdoor potential. The detached garage provides flexible storage or workshop space.
The property suits practical, value-oriented buyers. It would be a fit for a first-time homeowner comfortable with a home of this vintage, or an investor looking for a straightforward rental property in a stable area. Its assessed value sits notably below both area and city averages for comparable homes, which may present an entry point. A thoughtful perspective is that while the living space is modest, the above-average lot size for Winnipeg provides a tangible asset for future expansion or landscaping, something not always available in this price segment. It’s a home that leans more on utility and lot potential than on immediate modern finishes or size.
Frequently Asked Questions
1. Is the $34,500 sale price from 2021 relevant today?
No, that price is a historical data point and not indicative of current market value. It’s essential to get a current market evaluation or appraisal.
2. How does the assessed value compare to likely selling price?
The assessed value of $40,200 is for tax purposes. In many markets, actual selling prices can be significantly higher than the assessed value, so it should not be used alone to determine an offer price.
3. What does "renovated basement" include?
The listing notes it is renovated but does not specify the scope. A buyer should inquire about the permits, quality of finishes, and whether it includes added bedrooms, a legal suite, or simply updated living space.
4. The home is older—what should I check?
Given its age (1954), special attention should be paid to the condition of major systems: roof, plumbing, electrical, and the foundation. A thorough home inspection is strongly advised.
5. How does the lot size benefit me?
At over 6,200 sqft, the lot is larger than the typical Winnipeg property. This offers more privacy, yard space, and potential for additions, a garden, or outdoor living areas that smaller lots cannot accommodate.