Property Overview: 412 Kingston Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1932, presents a solid opportunity in the Kingston Crescent neighbourhood. Its key characteristic is balance: it offers above-average space (1,726 sqft of living area) on a generous, citywide-above-average lot (7,464 sqft), paired with a detached garage. The recently renovated basement adds modern functionality to the classic layout.
The appeal lies in its strong positional value. The home’s assessed value consistently ranks in the top 25-30% for its immediate street and area, suggesting it is viewed favorably compared to its peers. While the structure itself is of average age for Kingston Crescent, it sits on a land parcel larger than most across Winnipeg, offering potential for outdoor enjoyment or future expansion. The recent sale history indicates steady, stable value growth.
This property would suit a practical buyer looking for a character home with established roots in the neighbourhood, without the premium of a new build. It’s ideal for someone who values interior space and lot size over a modern footprint, and who appreciates a home that has maintained competitive value within its local market. The renovated basement also makes it suitable for those needing flexible living space from day one.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others?
The assessed value ranks in the top 25% on its own street and top 30% in the wider Kingston Crescent area, indicating it is considered more valuable than many direct comparables. Citywide, it ranks in the top 10%.
2. Is the lot size typical for the area?
At 7,464 sqft, the lot is around the average for Kingston Crescent but ranks in the top 14% citywide, meaning it is significantly larger than most residential lots in Winnipeg.
3. What does the sale history show?
The home sold most recently in August 2024. Prior to that, it sold in September 2017. The data shows a pattern of value appreciation, with the home consistently selling above the average for its peer group.
4. How old is the home, and is that a concern?
Built in 1932, the home is older than the Winnipeg city average but is typical for the well-established Kingston Crescent neighbourhood. Its above-average assessments suggest its condition and updates have kept pace with market expectations.
5. Are there comparable homes nearby?
Yes. The listing references nearby properties on the same street with similar assessed values and sizes, such as 399 Kingston Crescent, providing a clear context for the local market.