Property Overview: 119 Kingsclear Drive, Winnipeg
Key Characteristics & Appeal
This 1,288 sqft home on a 6,887 sqft lot in River Park South presents a compelling mix of modern build and relative value. Its primary appeal lies in its age; built in 2018, it is among the newest homes on its street and in the wider neighborhood, suggesting lower immediate maintenance and modern building standards. While its living space is below average for Kingsclear Drive, it is competitively sized for both the neighborhood and Winnipeg overall.
The property’s assessed value of $471k tells an interesting story: it sits below the street average but above the city average. This positions it as a potentially more accessible entry point into a well-established street where many homes are larger and more expensive. The lot size is a notable strength, being above average for the area, offering good outdoor space for a home of this size.
This home would suit first-time buyers or downsizers seeking a modern, low-maintenance property in a mature suburban neighborhood without paying a premium for maximum square footage. It’s also a practical choice for value-conscious buyers who prioritize a newer build and a generous lot over having the largest house on the block.
Frequently Asked Questions
1. Is this home a good value compared to its neighbors?
The data suggests it may offer relative value. While its assessed value is below the street average, the home is significantly newer than most on the block. You’re effectively trading some living space for a much more recent construction year.
2. What does the sold price history indicate?
Records show it last sold between $400k-$450k in August 2019. The current assessed value of $471k is higher, but a professional appraisal and market conditions will determine its present market value. Exact sold prices require a manual lookup.
3. How does the lot size compare?
The lot is a strong feature. At nearly 6,900 sqft, it is larger than most in River Park South, offering more private outdoor space than many comparable properties.
4. Is the living area a drawback?
It depends on your needs. At 1,288 sqft, it is smaller than most homes on Kingsclear Drive but is around the average for Winnipeg. It represents an efficient, modern floor plan rather than an expansive one.
5. Why is the assessed value ranking so different at each level (street, area, city)?
This highlights the property’s unique position. On a street of larger, older homes, its value is below average. Zooming out to the city, its value is above average, reflecting the premium for a newer home in a desirable area compared to Winnipeg’s older housing stock.