Property Overview: 359 Kingston Crescent, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This two-storey home, built in 1947, is defined by its generous scale and prime lot. Its primary appeal lies in offering substantial space both inside and out. With 2,651 sqft of living area, it ranks in the top 6% on its street and the top 2% city-wide, providing significantly more interior room than most Winnipeg homes. This is matched by an exceptionally large, private lot of over 16,600 sqft, placing it in the top 2-3% of properties for land area locally. The home features an attached garage and a renovated basement, adding functional living space.
The property suits buyers looking for established character, room to grow, and outdoor privacy within the city. It’s ideal for a family seeking space for recreation or gardens, or for someone who values the potential of a large lot as much as the finished home itself. While the assessed value is high relative to local averages, it reflects the premium for these substantial attributes. A thoughtful perspective is that this home offers a rare combination of elite-level interior and exterior space for Winnipeg, but its 1947 vintage means future buyers should appreciate classic construction and be prepared for the maintenance or updates that come with an older home.
Frequently Asked Questions
1. How does the home’s age affect its value and condition?
Built in 1947, the home is older than the city-wide average. This often means solid construction and established neighbourhood charm, but prospective buyers should factor in potential updates to major systems like plumbing, electrical, or the roof during their inspection process.
2. Is the large lot a benefit for future expansion?
Absolutely. A lot of this size (over 16,600 sqft) is a rare find in the city and is a major asset. It provides ample space for additions, a large garden, recreational areas, or even future subdivision, subject to municipal zoning approvals.
3. The assessed value seems high for the street. Why?
The assessed value is in the top 9% for Kingston Crescent because it accounts for the home’s above-average living area and its elite-sized lot. Value is driven by the scarcity of properties offering this much combined indoor and outdoor space.
4. What does the renovated basement include?
The listing confirms a renovated basement, which adds valuable finished living space to the home’s total square footage. Specifics on the renovation’s quality, permits, and features (like a legal suite or additional bedrooms) should be verified with the seller or during a viewing.
5. How does this property compare to nearby sales?
A nearby reference property at 415 Kingston Crescent, with a similar assessed value but built later (1955) and with less living area, suggests that buyers in this area are paying a premium for lot size and location. The exact sold price history for 359 Kingston Crescent itself is available by request from the listing source.