Property Overview: 467 Kingston Crescent
Key Characteristics, Appeal & Ideal Buyer
This two-storey home, built in 1941, offers a practical and well-proportioned living space of 1,782 sqft, which is notably above the citywide average. Its appeal lies in its balance of established character and modern practicality, featuring a renovated basement that adds valuable finished space. While the lot size is more compact compared to others on Kingston Crescent, it translates to less yard maintenance and positions the home as a comfortable, efficient footprint in a mature neighbourhood.
The property suits buyers looking for a move-in-ready home with classic architecture but without the extensive upkeep of a larger property. It’s particularly well-matched for small families, couples, or downsizers who prioritize interior living space and a renovated lower level over expansive outdoor grounds. The assessed value is solidly mid-range for the area, suggesting a reasonable entry point into the neighbourhood. A thoughtful perspective is that this home represents a "right-sized" option: it delivers ample room for living without the excess that often comes with older, larger lots, aligning with a more efficient use of space and resources.
Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is smaller than many on the street, it is close to the citywide average. This typically means lower maintenance and potentially lower property taxes, but offers less private outdoor space than some neighbouring homes.
2. What does the "above average" citywide living area ranking mean?
With a living area ranking in the top 18% citywide, this home offers more interior square footage than the vast majority of Winnipeg homes. This is a key advantage for buyers seeking spacious rooms within a classic two-storey layout.
3. The home was built in 1941. What should I consider?
While the structure is from 1941, the renovated basement indicates updates have been made. Prospective buyers should focus on the condition of major aging components, such as the roof, plumbing, and electrical systems, which are typical for homes of this era.
4. Why is there a range for the last sold price?
The sold price is presented as a range based on publicly available data. For the precise sale figure, you can request it via email from the site; they provide this detail manually without using your email for marketing.
5. How does the assessed value compare to recent sale prices?
The current assessed value is approximately $47.9k. The home sold in April 2024 for between $64.5k and $67.5k, which was a top-tier price performance for the area at that time. This indicates the market value recently exceeded its assessed value significantly.