Property Overview & Key Characteristics
This two-storey home at 73 Kingston Row in Winnipeg's Elm Park neighborhood presents a compelling blend of established character and practical appeal. Built in 1939, its 1,360 sqft living space is complemented by a renovated basement, adding valuable functional square footage. The standout feature is the property's generous 10,650 sqft lot, which ranks in the top 2% within Elm Park, offering exceptional outdoor space and privacy rare for the area.
The home’s primary appeal lies in its balance. It offers a solid, renovated foundation in a mature, sought-after neighborhood, paired with a land parcel that provides significant future potential. While the house itself is modest in size compared to some on its street, its assessed value is notably above average for Elm Park, suggesting a well-regarded location and property condition.
This property would suit a specific buyer: someone who values a large yard for gardening, recreation, or future expansion over a massive interior footprint. It’s ideal for a young family seeking space to grow in a stable community, or a downsizer who wants a manageable home without sacrificing outdoor privacy. It also appeals to the value-conscious buyer who recognizes the long-term asset of a large lot in a prime neighborhood.
Frequently Asked Questions
1. How does the home's size compare to the neighborhood?
The living area is slightly below the average for Kingston Row but is very close to the citywide average. The renovated basement effectively expands the usable space, making the home feel more spacious than the main-floor square footage suggests.
2. Why is the assessed value above the Elm Park average?
The above-average assessment likely reflects a combination of the home's renovated condition, its desirable location on Kingston Row, and, most significantly, the substantial and valuable lot size, which is a major asset.
3. What are the implications of such a large lot?
Beyond privacy and space, a lot of this size (ranking in the top 2% of the neighborhood) is a rare find. It provides ample room for additions like a garage, workshop, or garden, and represents a long-term investment in land value, which often appreciates independently of the structure.
4. Is the 1939 build date a concern?
The age is typical for the charming, tree-lined streets of Elm Park. While ensuring modern updates (like wiring and plumbing) are in good order is standard, the year built also comes with the character and established landscaping that define the area's appeal.
5. Who might this property not suit?
Buyers seeking a brand-new, low-maintenance home or those who prioritize a very large interior above all else may find other options more fitting. This home is for those who appreciate established neighborhoods and see the unmatched lot size as a primary feature rather than just a bonus.