Property Overview: 57 Kingston Row, Elm Park, Winnipeg
Key Characteristics & Appeal
This 3-level split home in Elm Park presents a compelling blend of space, location, and value. With 1,218 sqft of living space, it is a more manageable size compared to many on its street, offering efficiency without feeling cramped. Its true standout feature is the generous 8,500 sqft lot, which is significantly larger than typical lots in both Elm Park and city-wide, providing ample outdoor privacy and potential. The home benefits from a renovated basement and an attached garage.
Its appeal lies in a strong value proposition within a desirable neighborhood. While the house itself is modest in size for the street, the property’s assessed value ranks well above average for Elm Park, suggesting the lot and location are highly valued. Built in 1958, it is notably newer than most homes in the immediate area, which may mean fewer concerns with aging core components. This property would suit first-time buyers or downsizers seeking a established, quiet neighborhood with room to garden or expand outdoors. It’s for a buyer who prioritizes land size and neighborhood prestige over having the largest interior on the block.
Frequently Asked Questions
1. How does the home’s size compare to the neighborhood?
The living area is below average for Kingston Row but is around the city-wide average. This indicates a street of generally larger homes, but the property itself offers a comfortable, efficient footprint.
2. Why is the assessed value relatively high for the home’s size?
The above-average assessment for Elm Park is likely driven by the combined factors of the very large lot size, the desirable location, and the home’s renovated basement. Value here is tied to land and location as much as square footage.
3. What does the lot size mean for me?
At 8,500 sqft, the lot is in the top 10% city-wide. This offers superior outdoor space for gardening, recreation, or future additions like a deck or shed, setting it apart from properties with standard-sized yards.
4. Is a 1958-built home a concern?
In the context of Elm Park and Kingston Row, a 1958 build date is actually a relative advantage. It is newer than the neighborhood average, potentially indicating updated infrastructure like plumbing or electrical compared to much older homes.
5. What can the 2021 sale price tell us?
The sale price from July 2021 ranked well above area averages at the time, demonstrating the property’s history of commanding a premium due to its lot and location, even before any recent market changes.