Property Overview
This two-storey home at 436 Kingston Crescent offers a blend of established character and practical space. Built in 1939, its key appeal lies in its generous, above-average lot size of over 10,500 sq ft, which places it in the top 5% of properties city-wide for land area. This provides significant outdoor potential, from gardening to expansion. The 1,911 sq ft living area is spacious compared to most Winnipeg homes, and the property features both an attached and a detached garage, adding considerable utility and storage options. A renovated basement adds modern, functional living space.
The home suits buyers looking for a established property in a mature neighbourhood who value private outdoor space over a brand-new build. It’s ideal for those needing multiple garages for vehicles, hobbies, or a workshop, or for families seeking room to grow and play. The assessed value is positioned as around average for the immediate area, which could represent a value opportunity given the lot size and living space. It's a property for a buyer who sees potential in land and layout, and is prepared for the upkeep that comes with an older home.
Frequently Asked Questions
What does the "renovated basement" entail?
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 a separate entrance or bathroom to understand its full value and function.
How does the assessed value relate to the expected selling price?
The assessed value for taxation purposes is one factor, but market conditions, the home's interior condition, and the desirable lot size will ultimately determine the selling price. The last known sale was in 2019, so a current market evaluation is essential.
Are there any concerns with a home built in 1939?
While offering classic charm, a home of this age may have older electrical, plumbing, or insulation. A thorough home inspection is crucial to identify any needed updates, such as knob-and-tube wiring or original windows, and to plan for future maintenance.
What are the advantages of having two garages?
Beyond parking for multiple vehicles, this setup is highly flexible. It can serve as a dedicated workshop, secure storage for recreational equipment, a separate studio or home office space, or help keep garage clutter organized.
How does the lot size compare to newer subdivisions?
At 10,514 sq ft, this lot is substantially larger than the city-wide average of about 6,570 sq ft. This offers more privacy, space for additions like a deck or shed, and a sense of openness that is increasingly rare in newer developments.