Property Overview: 514 Kingsford Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 514 Kingsford Avenue in the Rossmere-A neighborhood presents a classic Winnipeg post-war bungalow profile. Built in 1960, its 948 sqft living area is modest and slightly below the neighborhood average, positioning it as a manageable, entry-level size. The property’s standout feature is its 6,047 sqft lot, which is notably larger than most in Rossmere-A and ranks within the top 30% citywide, offering valuable outdoor space and potential. With a municipal assessed value of $330,000, it sits very close to the average for both its street and community, suggesting a stable, mid-range valuation in line with the area.
The appeal here lies in its established, no-frills practicality. It suits first-time homebuyers or downsizers seeking a lower-maintenance footprint with the bonus of a generous yard for gardening, pets, or future expansion. Investors or renovators may also see value in the solid lot size and the home’s vintage, viewing it as a canvas for updates. It’s a property that offers more in land than in living space, appealing to those who prioritize outdoor potential over immediate interior square footage. The 2019 sale price (estimated between $250,000-$300,000) provides a historical benchmark that, compared to the current assessment, indicates the area’s market movement.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 948 sqft, the living area is slightly below the Rossmere-A average (1,116 sqft) but is very close to the average for Kingsford Avenue itself. It represents a compact, efficient layout typical of its era.
2. Is the tax assessment a reliable indicator of market value?
The assessed value of $330,000 is a municipal calculation for tax purposes and is consistently "close to average" across street, community, and city comparisons. It’s a useful baseline, but market value is determined by current sale conditions, buyer demand, and the property's specific state.
3. What does the lot size ranking mean for me?
The lot is 6,047 sqft, ranking in the top 33% within Rossmere-A and the top 30% citywide. This means you're getting more land than is typical, which can be a long-term asset for privacy, outdoor use, or redevelopment.
4. Can I get the exact historical sale prices?
The site provides an estimated sale price range from 2019. Due to industry data restrictions, precise MLS sale records are not publicly displayed. The page offers to provide exact historical data via a manual email request process.
5. What are comparable homes in the area like?
Listed nearby comparables (e.g., 522 Kingsford Ave, 191 Macaulay Crescent) are typically from the same early-1960s period, with living areas ranging from 816 to 1,258 sqft and assessed values between $308,000 and $362,000. This shows 514 Kingsford Avenue sits squarely within the community’s norm for vintage, moderately sized bungalows.