Property Overview: 506 Kingsford Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 506 Kingsford Avenue in the Rossmere-A neighborhood is a classic Winnipeg bungalow, built in 1960. Its key characteristic is its position as a more compact and affordable entry point into the detached housing market. With 816 sqft of living space, it is notably smaller than the average home on its street, in the community, and across the city. This translates to a lower municipal assessed value ($307,000), which sits below area averages but is relatively close to the city-wide norm.
The appeal lies in its efficient footprint and its generous, above-average lot size of over 6,000 sqft. This combination offers a lower-maintenance interior paired with valuable outdoor space for gardening, play, or future expansion. The property suits first-time buyers or downsizers seeking the autonomy of a detached home without the upkeep of a larger structure. It’s also a practical candidate for investors or handy buyers looking for a solid foundation in a well-established neighborhood, where the land itself represents a significant portion of the asset's value. A less obvious perspective is that its smaller size and older vintage may lead to proportionally lower utility and heating costs compared to larger, modern counterparts.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 816 sqft, the home is compact. It's ideal for individuals, couples, or small families comfortable with efficient living. The layout and potential for future updates would be key considerations.
2. How does the assessed value affect property taxes?
With an assessed value below the local area average, the municipal tax burden is likely to be correspondingly lower than for larger homes nearby, which is a recurring annual savings.
3. What does the 1960 build year mean for maintenance?
As a home from 1960, it is of average age for the area. Buyers should budget for updates to major aging components like the roof, windows, and mechanical systems, which are typical for houses of this era.
4. Why is the lot size an advantage?
The lot is larger than most in Rossmere-A and above the city average. This provides more private outdoor space and potential for additions, a garage, or landscaping projects that smaller lots cannot accommodate.
5. Where can I find accurate historical sale prices?
The page indicates that precise sale history is not publicly displayed due to industry restrictions. You must contact the site operator via email to request that information, which they will provide manually.