Property Summary: 68 Kingswood Avenue, Winnipeg
Key Characteristics & Appeal
This 1951-built home in Varennes presents a solid, value-oriented opportunity. Its primary appeal lies in its strong standing within its immediate community. With a 988 sqft living area and a $327k assessed value, it ranks above average for both metrics on its street and in the neighborhood. This suggests a well-maintained property that compares favorably to its closest peers. The lot size (4,494 sqft) is smaller than others on Kingswood Avenue, which may appeal to buyers seeking lower outdoor maintenance without sacrificing a decent yard space.
The property suits practical buyers looking for a move-in-ready home in an established area without a premium citywide price tag. It’s particularly well-matched for first-time homeowners or downsizers who prioritize neighborhood value over maximum square footage. A thoughtful perspective is that while the home is below the city average in size and lot, its above-average assessment on its street indicates it is likely seen as a quality asset in its specific micro-market—offering a sense of relative security and pride of place without the burden of being the most expensive house on the block.
Frequently Asked Questions
1. Is the house smaller than most in Winnipeg?
Yes. With 988 sqft of living area, it is below the Winnipeg average. However, it is actually above the average size for both its street and the broader Varennes neighborhood, meaning it feels more spacious in its local context.
2. What does the assessed value tell us?
The $327k assessment is above average for Kingswood Avenue and the Varennes area, but around average citywide. This typically indicates a well-regarded property in its immediate setting that isn’t overvalued compared to the entire city.
3. Is the lot size a drawback?
The lot is smaller than most on the street. This could mean less yard for gardening or play, but also translates to less maintenance, which many buyers see as a benefit.
4. How does the 1951 build year compare?
The home is older than the Winnipeg average but is actually newer than many on its street and average for the neighborhood. This suggests an established, mature streetscape with homes of a similar vintage.
5. Who would this property suit best?
It’s an excellent fit for buyers seeking a established community feel where the property itself is a strong performer relative to its direct neighbors. It’s for those who value practical living space and lot maintenance over maximizing sheer size.