Property Summary: 336 Kingston Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1930, presents a classic character property on a mature, 6,205 sqft lot in the Kingston Crescent area. Its key features include a renovated basement and a detached garage. With 1,219 sqft of living space, it is a more compact home compared to many others on its street and in the immediate area, but its footprint is actually above average when compared to the wider Winnipeg market.
The primary appeal lies in its value proposition and lot potential. The home's assessed value is notably below the averages for Kingston Crescent, suggesting a potentially more accessible entry point into the neighbourhood. This could suit a first-time buyer, an investor, or a downsizer seeking character and location over sheer square footage. The lot size, while smaller than others on the street, is generous by city standards, offering valuable outdoor space and future potential. It’s a property that balances historic charm with practical updates, best suited for a buyer comfortable with a home of its era who sees value in the land and location, and is possibly willing to invest in further modernization over time.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
While its living area is below the average for Kingston Crescent, it is very close to the average size of a home across the entire city. It offers a more manageable layout, which can mean lower utility costs and less maintenance.
2. Why is the assessed value lower than many neighbours?
The assessed value is below the street and area averages, which is influenced by the home's smaller size, older age, and potentially the need for further updates. This can represent a value opportunity, but it's wise to understand the specific reasons through a professional inspection.
3. What does the sold price history indicate?
Records show it last sold in late 2022 for an estimated range of $39.5k to $42.5k, which was above the average rate for the city at that time. This suggests the Kingston Crescent location carries a significant premium.
4. Is the lot a good size?
Yes. At over 6,200 sqft, the lot is larger than the typical Winnipeg residential lot. While it's not the largest on the street, it provides ample private outdoor space, which is a valuable and permanent asset.
5. What should I consider about a home from 1930?
Homes of this age possess charm but require a mindful approach. Ensure the renovation to the basement was permitted and meets current standards. Be prepared for potential updates to major systems like plumbing, electrical, or windows, and consider the energy efficiency of the original structure. The character comes with a responsibility for ongoing stewardship.