Property Overview: 422 Kingston Crescent
Key Characteristics & Appeal
This two-storey home, built in 1932, presents a compelling blend of established character and practical space. Its 1,504 sqft of living area is comfortably above the Winnipeg average, while the recently renovated basement adds valuable, modernized living space. The standout feature is the property's generous 11,950 sqft lot, which ranks within the top 4% citywide, offering exceptional outdoor potential rarely found in the city.
The home’s appeal lies in this balance. It offers a solid, well-sized house on a truly premium parcel of land. The detached garage adds convenience. While the assessed value is modest relative to the street and area, this suggests potential value for buyers who see opportunity. This property would suit a buyer looking for a project-ready home with a fantastic yard for gardening, recreation, or future expansion. It’s ideal for those who prioritize land size and outdoor privacy over a move-in-perfect interior, appealing to families, DIY enthusiasts, or anyone valuing long-term potential in a mature neighbourhood.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,504 sqft, the living space is above the citywide average. It’s competitively sized for the local area, offering more room than many Winnipeg homes without being overly large.
2. What does the lot size actually mean for me?
A nearly 12,000 sqft lot is a significant asset. It provides ample space for gardens, play areas, patios, or even future additions like a workshop or larger garage, offering a level of privacy and flexibility that is increasingly rare.
3. The home was built in 1932. What should I consider?
While the basement has been renovated, the core structure is from the 1930s. Prospective buyers should budget for potential updates to older mechanical systems, windows, or insulation to improve modern comfort and efficiency, alongside appreciating the character of an older home.
4. Why is the assessed value below the area average?
A lower assessment relative to neighbours can reflect the home’s older age and potential need for updates. It can also represent an opportunity, as property taxes may be comparatively lower, and any improvements you make could significantly increase the home’s market value.
5. What is the neighbourhood like?
Located on Kingston Crescent, the home is in a mature, established area. The consistent streetscape with homes from similar eras suggests a stable, quiet neighbourhood. It’s advisable to visit at different times of day to get a feel for the community and traffic patterns.