Property Overview
9 Kenneth Street is a well-maintained one-storey home in Winnipeg's Crescent Park neighbourhood. Built in 1954, it sits on a 5,588 sqft lot and features 1,036 sqft of living space, a renovated basement, and a detached garage. Its last recorded sale was in November 2020 for $330,000.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance of a solid, renovated foundation within a mature, established neighbourhood. The renovated basement adds valuable functional space, a key upgrade for a home of this era. While the living area is modest compared to some neighbours, it represents a manageable footprint for the right buyer.
The property stands out for its lot size relative to the city, offering a generous outdoor space that is increasingly rare. A thoughtful perspective is its position on the street: with an older year-built ranking on Kenneth Street itself, it may be one of the more original, character-retaining homes in the immediate area, appealing to those who value authenticity over being fully modernized.
It would suit first-time buyers or downsizers looking for a single-level layout in a quiet area, who prioritize a move-in-ready basement and garden potential over a large interior. The lower assessed value compared to the neighbourhood could also indicate a relative value opportunity for a long-term holder, assuming updates have been made beyond what the assessment reflects.
Frequently Asked Questions
1. Is the house small for the neighbourhood?
The living area is below the current average for Crescent Park, but around average for Winnipeg overall. It offers a comfortable size for individuals, couples, or small families seeking a manageable home without excessive upkeep.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent, as it could range from updated finishes to added legal bedrooms or a separate suite.
3. How does the 2020 sale price relate to today’s value?
The $330,000 sale price from late 2020 reflects the market conditions of that time. Current value would be determined by recent comparable sales, the state of the market, and any further improvements made since then.
4. What are the implications of the detached garage?
A detached garage provides flexible storage or workshop space but means accessing your vehicle involves going outdoors—a consideration during Winnipeg winters. It also potentially frees up more backyard space compared to an attached structure.
5. The assessed value seems low. Does that mean property taxes are lower?
While the assessed value is a factor, property taxes are calculated using a mill rate applied by the city. A lower assessment can contribute to lower taxes, but it’s not the sole determinant. The final tax amount should be verified.