Property Overview
This single-storey home at 25 Cox Boulevard in Winnipeg's Kil-Cona Park neighborhood presents a unique blend of space, location, and value. Its appeal is rooted in substantial, above-average land size paired with a renovated basement, offering a solid foundation for a variety of lifestyles.
Key Characteristics & Ideal Buyer
The home's most defining feature is its exceptional lot size of over 73,000 sqft, placing it in the top 1% of properties city-wide for land area. This offers rare potential for privacy, expansion, or outdoor activities. The living space (1,798 sqft) is comfortably above average for both the neighborhood and the city, and the home benefits from a renovated basement and an attached garage. Built in 1973, it is typical for the area in age. The assessed value positions it well above the city median, suggesting a solid level of municipal valuation relative to the market.
Its appeal lies in offering a substantial footprint—both on the land and in the home—within a established community. It suits buyers who prioritize space over a modern build date, including families looking for room to grow, hobbyists or gardeners who would value the extensive lot, and value-conscious purchasers seeking a home with a renovated basement ready for living, not a project. It's a property for those who see the long-term value in land and functional space.
Frequently Asked Questions
1. What does the "Top 1%" ranking for land area actually mean?
This means the property's lot size is larger than approximately 99% of all residential properties in Winnipeg, making it a notably rare find for a city lot.
2. The home was last sold in early 2022. Is the sold price range provided the exact price?
No, the listed range is an estimate based on public data. The exact sale price can be requested directly from the site via email, as noted in the details.
3. How does the 1973 build year affect this home?
While the structure is over 50 years old, it is average for the immediate street and area. Buyers should focus on the condition of major systems (roof, wiring, plumbing) and the quality of the basement renovation, as these will be more impactful than the build date itself.
4. The assessed value seems low compared to typical market prices. Why?
Municipal assessed values in Manitoba are often significantly lower than current market sale prices and are used for property tax calculation, not market valuation. Its "above average" ranking is what's most relevant, indicating the city views it as a higher-value property within its comparison groups.
5. What is the neighborhood, Kil-Cona Park, like?
The data shows homes here have larger-than-city-average living areas and lot sizes. This suggests a neighborhood character of more spacious, suburban-style properties, likely with good access to green space given its name and the property's own substantial lot.