Property Overview & Appeal
This one-and-a-half storey home on Kingston Crescent is defined by its generous, established lot and thoughtfully updated living space. Its key characteristic is the balance it strikes: it offers a renovated basement and an above-average living area of 1,851 sqft, all situated on a large, 7,797 sqft property that provides ample outdoor potential. Built in 1949, the home is older but ranks well for its size and value within its immediate street and neighbourhood.
The appeal lies in this combination of interior updates and significant outdoor space—a relative rarity. It suits buyers looking for a home with room to grow, garden, or entertain outdoors without sacrificing modernized living areas inside. It would particularly fit a family or long-term buyer who values the character and mature setting of a well-kept Crescent lot, and who sees the value in a property that already has key renovations done, allowing them to enjoy it immediately while planning future outdoor projects.
Frequently Asked Questions
1. How does the assessed value compare to the likely selling price?
The assessed value is a municipal figure for tax purposes and is often significantly lower than current market value. The nearby comparable listings suggest a much higher market activity and price range, so consulting a local agent for a comparative market analysis is essential.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, permits, and whether it includes added bedrooms, a legal suite, or simply updated living and utility spaces.
3. Is the large lot a benefit for future expansion?
The nearly 7,800 sqft lot is a major asset. It offers potential for additions, a large garden, or extensive outdoor living spaces. However, any significant structural expansion would be subject to local zoning bylaws and may require a variance, so due diligence is recommended.
4. How does this home rank for its age?
While 77 years old, the home ranks in the top 24% by age across Winnipeg, meaning it is newer than most city homes. On its own street, it ranks in the top 14%, indicating it is one of the newer properties in that specific location, which can be a positive for its structural condition relative to neighbours.
5. What is the neighbourhood feel like?
Kingston Crescent is a established area with a mix of older homes. The listing shows properties on the same street have a wide range of sizes, ages, and values, suggesting a diverse, non-uniform streetscape without a cookie-cutter feel.