2621 Knowles Avenue

Property Summary: 2621 Knowles Avenue, Kil-Cona Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-maintained, one-storey home in Kil-Cona Park stands out for its modern age and above-average living space. Built in 2007, it is notably newer than most homes in its immediate area and across Winnipeg, suggesting updated building systems and less immediate need for major repairs. With 1,626 sqft of living area, it offers more interior space than the typical city home and is efficiently laid out on a single level. A key feature is the renovated basement, adding functional living space. The property includes an attached garage.

Its primary appeal lies in its balance of modernity and space within a mature neighbourhood. The home ranks in the top tiers for its assessed value and year built both locally and city-wide, indicating a strong perceived value and a relatively contemporary structure. The lot, while smaller than the expansive average for Kil-Cona Park, is still a generous 11,436 sqft and is significantly larger than the standard city lot, offering good outdoor space without excessive maintenance.

This property would suit buyers looking for a move-in-ready, single-level living option who value a home that feels newer than its neighbourhood peers. It’s ideal for empty-nesters, small families, or professionals seeking low-maintenance living without sacrificing indoor and outdoor space. The strong assessment metrics may also appeal to value-conscious buyers looking for a property with solid fundamentals.

Section 2: Frequently Asked Questions

1. How does the lot size compare?
While the lot is over a quarter-acre and is larger than 96% of city lots, it is smaller than the very large, park-like lots typical of Kil-Cona Park. This means you still get substantial private outdoor space, but with potentially less yard upkeep than many neighbours.

2. What does the "Elite" ranking for Assessed Value mean?
This indicates the home’s municipal assessed value is in the top 2% on its street and top 7% in the neighbourhood. It reflects a higher official valuation than most comparable homes, which can be a sign of quality and updates, but is also a factor in calculating property taxes.

3. The home sold in 2020. What can the price range tell me?
The listed sold price range (45.50k ~ 48.50k) is a public data estimate. The current assessed value is notably higher, reflecting market changes and municipal valuation methods. For the exact historical sale price, you must request it directly from the source.

4. Is the renovated basement a legal suite?
The listing notes a "renovated" basement but does not specify it as a legal secondary suite. Buyers should verify the permits and compliance of the renovation to confirm its legal status and intended use.

5. Why is the Year Built a standout feature?
Built in 2007, this home is decades newer than the neighbourhood and city averages (often from the 1970s-80s). This typically translates to more modern construction standards, wiring, plumbing, windows, and insulation, potentially leading to lower maintenance costs and better energy efficiency.