Property Overview: 28 Kingston Row, Elm Park, Winnipeg
Key Characteristics & Appeal
This one-storey home in the established Elm Park neighborhood presents a practical opportunity. Its key characteristic is its compact, 961 sqft living area, which is notably smaller than most homes on its street but closer to the average for the wider area. The home sits on a standard city lot and benefits from a renovated basement and a detached garage. Built in 1940, it shares the classic character of its surroundings.
The appeal lies in its efficiency and location. It’s a manageable size for maintenance and heating, potentially offering lower ongoing costs. The renovated basement adds functional living space. For the right buyer, its below-average assessed value for the street could represent a more accessible entry point into a desirable neighborhood like Elm Park, which often commands a premium.
This property would best suit a first-time homebuyer, a downsizer, or an investor looking for a straightforward, character-home rental. It’s for someone who values location and a simpler footprint over expansive square footage, and who is prepared for the upkeep typical of a home of this era.
Frequently Asked Questions
1. Is the house unusually small?
Yes, compared to other homes on Kingston Row, its living area is in the bottom 10%. However, it is much closer to the average size for both the Elm Park neighborhood and the city of Winnipeg as a whole.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. A viewing or inquiry with the listing agent is necessary to understand the finish, layout, and whether it includes a separate entrance or legal suite potential.
3. How does the assessed value affect the likely selling price?
The assessed value is a municipal figure for tax purposes. The home last sold for $32.9k in 2020, and its current assessed value is $34.7k. In today’s market, the selling price will be determined by buyer demand and recent sales of comparable properties, not the assessment.
4. What are the pros and cons of a 1940s build?
Pros often include solid construction, mature landscaping, and established neighborhood charm. Cons can involve older mechanical systems (like plumbing and wiring), less open floor plans, and the need for updates to meet modern efficiency standards. A thorough inspection is crucial.
5. How does the lot size compare?
At just under 5,500 sqft, the lot is smaller than most on Kingston Row but is typical for Elm Park and Winnipeg overall. It provides standard outdoor space for a city home—sufficient for a garden and patio, but not for extensive additions.