Property Overview: 2255 Knowles Avenue, Kil-Cona Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kil-Cona Park is defined by a compelling contrast: a modest, renovated 1,043 sqft house on an exceptionally large, 72,360 sqft lot. Built in 1968, the living space is below average for the immediate area and neighbourhood, suggesting a home focused on essentials, but it benefits from a renovated basement. The detached garage adds practical storage or workshop space.
The primary appeal lies squarely in the land. The property size is in the top 1% city-wide, offering a rare level of privacy and space uncommon in a city setting. This isn't just a backyard; it's a canvas for gardening, recreation, or future expansion. The assessed value is strong city-wide, indicating the lot is a significant driver of worth.
This property would best suit a buyer who values space and potential over sheer square footage. It’s ideal for someone with a vision—whether for extensive landscaping, hobby farming, or eventually building a larger home. It also appeals to those seeking a quieter, more private setting without leaving the city, who are comfortable with a home that may require updates to the main living areas. It represents a strategic entry into the market where the land is the long-term asset.
Section 2: Frequently Asked Questions
1. Is the large lot usable, or is it mostly wild?
While the listing doesn’t specify, a lot of this size (over 1.6 acres) typically has a mix of cleared and treed areas. The potential is significant, but buyers should budget for ongoing maintenance or clearing if they wish to fully utilize the space.
2. How does the home’s smaller size compare to neighbours?
The data shows the living area is below average for both Knowles Avenue and Kil-Cona Park. This means the house itself is likely more modest than many nearby, placing the focus and value on the private, expansive land it sits on.
3. What does the “renovated basement” include?
The listing confirms a renovated basement but does not detail the finishes or layout. This would be a key point for inspection to understand the quality of the renovation and how it adds functional living space.
4. Why is the last sold price (2017) so much lower than the current assessed value?
The 2017 sale price range ($28.5k-$31.5k) is notably low, potentially indicating a prior distressed sale, a non-arms-length transaction, or a sale of the land only. The current assessed value reflects a substantial increase, aligning more closely with the property’s market value, driven significantly by the land.
5. What is the neighbourhood character of Kil-Cona Park?
With large lots being a feature (the area average is about 1.3 acres), Kil-Cona Park offers a semi-rural feel within city limits. Buyers can expect more space and privacy but should anticipate corresponding property maintenance and a location that relies on vehicle travel.