Property Overview
58 Kinsley Crescent presents a compelling opportunity in Winnipeg's Meadows neighbourhood. Its standout feature is the exceptionally large lot, which is among the largest on its street and within the wider area. Built in 1981, the home itself offers a functional 1,040 sqft of living space, typical for the area, and carries an assessed value that is notably strong for its immediate street.
The primary appeal lies in its land value and potential. The nearly 9,550 sqft lot offers rare space for expansion, gardening, or outdoor recreation in a city setting. It suits buyers who prioritize land size over a large existing footprint, such as those looking for a starter home with room to grow, someone interested in adding a suite or extension, or a buyer who simply values generous private outdoor space. The property’s above-average assessed value for the street suggests it may already have features or conditions that are well-regarded relative to its direct neighbours.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is a key asset. At 9,549 sqft, it is in the top 3-4% of lots in both the Meadows area and on Kinsley Crescent itself, offering significantly more space than the local averages.
2. Is the house smaller than average?
The living area is slightly below the average for the street and area. This is a trade-off for the larger lot, positioning the property as one where the value is more in the land than in the size of the current structure.
3. What does the assessed value indicate?
With an assessed value ranking in the top 9% on its street but around the middle third for the city, it suggests the property is considered a higher-value home within its immediate micro-market, which can be a positive indicator for the specific block.
4. How old is the property, and what might that mean?
Built in 1981, the home is of an age where major components like the roof, windows, or mechanical systems may be due for inspection or updating, which is a typical consideration for buyers in this market segment.
5. Where can I find more detailed neighbourhood data?
A dedicated neighbourhood analysis page is available, providing an interactive map to compare this property with nearby homes based on year built, living area, assessed value, and lot size.