Property Overview: 11 Kingston Row, Elm Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Elm Park is defined by its practicality and potential. Built in 1922, it offers 1,268 sqft of living space with a renovated basement, sitting on a 5,641 sqft lot. Its key appeal lies in its position as a relatively affordable entry point into a mature neighbourhood. The assessed value is notably below average for its immediate street, suggesting a value proposition compared to neighbours, while being in line with broader area and city averages.
The home suits first-time buyers, downsizers, or value-focused investors seeking a solid foundation. Its smaller-than-average footprint for the street and older vintage mean lower property taxes and a manageable scale, but also imply that its value is likely tied to the land and the established community rather than the structure itself. A thoughtful perspective is that while the home ranks below average in many metrics on its own street, it actually sits above average for lot size within the wider Elm Park area. This highlights a lot with potential in a neighbourhood context, appealing to those who envision outdoor space or future additions as a priority.
Section 2: Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The data suggests it is. The home’s assessed value is significantly lower than the average on Kingston Row itself, positioning it as a more affordable option on a street of presumably larger, higher-value homes. This could represent a strategic entry into a desirable block.
2. What does the "renovated basement" include?
The listing notes a renovated basement but does not specify the scope. This is a key point for clarification, as it could range from updated finishes to the addition of legal secondary suites or significant living space.
3. How does the lack of a garage affect daily living and value?
The property has no garage. Buyers should consider on-street parking logistics and the cost/feasibility of adding a garage or carport in the future, balanced against the lower maintenance of the property as-is.
4. The home is over 100 years old. What should I be most concerned about?
While the basement has been renovated, the core structure and major systems (like plumbing, electrical, and the foundation) are likely original or aged. A thorough inspection is essential to understand the condition and any impending major investments.
5. The lot size seems average for the city but smaller for the street. Is that a disadvantage?
It depends on your goals. The lot is larger than average for Elm Park as a whole, which is a positive. On its specific street, it’s smaller, which may mean less privacy or garden space than immediate neighbours but also less upkeep. It offers a balance between usable outdoor space and manageable maintenance.