Property Overview
18 Kingston Row is a one-and-three-quarter storey home built in 1917, situated on a 5,485 sqft lot in Winnipeg's Elm Park neighbourhood. With 1,640 sqft of living space, it offers above-average roominess for both the neighbourhood and the city. The home features a basement, but it is noted as not being renovated, and the property does not include a pool or garage. Its most recent assessed value is $40,300.
Key Characteristics & Appeal
This property presents a specific value proposition centred on space and location over modern finishes. Its primary appeal lies in offering more interior square footage than many city and area homes at a relatively low official valuation, suggesting potential for buyers comfortable with a project or an "as-is" purchase. The lot size is modest for the immediate street but typical for Elm Park overall, placing it in a mature, established community.
It would suit a practical buyer looking for character in an older home without paying a premium for it, possibly a renovator, an investor, or someone seeking to maximize living space on a budget. A thoughtful perspective is that the significant discrepancy between its low assessed value and its above-average living area highlights a property where the value is primarily in the usable space and the land, not in updated condition or amenities. It’s a home that asks for a buyer’s vision and effort rather than offering immediate move-in readiness.
Frequently Asked Questions
Q: How does the assessed value compare to recent sale prices?
A: The home sold for $39,500 in October 2024, closely aligning with its current $40,300 assessment. A prior sale in 2016 was for $330,000, indicating significant market shifts or changes in the property's condition over that period.
Q: What does "above average living area" mean in context?
A: While the home's 1,640 sqft is above the averages for both Elm Park and Winnipeg overall, it is actually slightly below the average for larger homes specifically on Kingston Row itself. You get more space than many city homes, but it's not the largest on the block.
Q: Is the basement finished?
A: No. The listing explicitly notes the basement exists but is "not renovated."
Q: How old is the home compared to others?
A: Built in 1917, it is notably older than most. It ranks in the bottom 3% for age on its street and in Elm Park, meaning it is one of the oldest homes in the area.
Q: What are the parking options?
A: The property has no garage. Parking would be limited to driveway space, if available, or on-street.