Property Summary: 330 Kensington Street, Winnipeg
Key Characteristics & Appeal
This one-storey home on Kensington Street presents a distinct profile. Its primary living space of 615 sq ft is notably compact, placing it well below average for the street, neighborhood, and city. This is balanced, however, by a generously sized lot of just over 5,000 sq ft, which ranks in the top 17% for the street. The home features a renovated basement and a detached garage. Built in 1925, its age is typical for the area. With an assessed value around $220,000, it sits near the average for Kensington Street but significantly below the Winnipeg city average.
The appeal here lies in a specific value proposition. It suits a buyer prioritizing land size over interior square footage—ideal for someone with expansion plans, gardening ambitions, or who simply values generous outdoor space in a city neighborhood. It’s a practical entry point into homeownership, particularly for a first-time buyer, downsizer, or investor comfortable with a smaller main-floor footprint. The renovated basement adds functional living space, making the overall package more workable. This isn't a move-in-ready dream home for a large family, but a property with foundational value where the real potential is in the land and the opportunity it presents.
Frequently Asked Questions
1. Is the house too small?
At 615 sq ft on the main floor, the living area is significantly smaller than most homes. The renovated basement provides additional space, but the layout will feel compact. It's best suited for individuals, couples, or those comfortable with efficient living.
2. Why is the lot size important?
The lot is a key feature. At over 5,000 sq ft, it's larger than most on the street. This offers rare potential for additions, a large garden, or outdoor living space that isn't typically available at this price point in the city.
3. What does the assessed value tell me?
The $220k assessment is close to the average for Kensington Street but well below the city average. This generally indicates you are looking in a more affordable area of Winnipeg. It's a starting point for market value, but the final sale price is determined by current market conditions.
4. How does the age of the home (1925) affect it?
The age is typical for Kensington. It means you should pay close attention to the condition of core systems (roof, wiring, plumbing, foundation) during an inspection. The recent basement renovation is a positive update.
5. Where can I find the exact historical sale price?
The listing indicates that exact sold price history is available by request. You can provide your email to the listing service to receive the precise figures directly, as the public data shows estimated ranges.