Property Summary: 2228 Knowles Avenue, Kil-Cona Park, Winnipeg
Key Characteristics & Appeal
This 1994-built, one-storey home in Kil-Cona Park stands out for its substantial land size and above-average footprint. The property sits on an exceptionally large lot of approximately 44,811 sqft, placing it in the top 1% of lots citywide for size. The 1,642 sqft living area is notably spacious compared to most homes on its street and across Winnipeg. It features both an attached and a detached garage, offering significant utility and storage flexibility. The basement is present but not renovated, representing a potential project or blank canvas for future expansion.
The primary appeal lies in its rare combination of a modern build year (relative to the local market), generous indoor space, and an expansive, private yard. The data suggests a property that offers more house and significantly more land than typical, providing room to grow, garden, or simply enjoy outdoor space. It would suit buyers looking for a solid, spacious family home on a large lot without needing to go far outside the city, or those who value having ample outbuilding space with the dual garages. The unrenovated basement makes it a fit for buyers comfortable with a project to customize the space to their needs, or who simply prize the above-ground square footage and land.
Frequently Asked Questions
1. What does the assessed value tell us about the property?
At $55.40k, the assessed value is well above average for the street, neighbourhood, and city. This typically reflects the combined value of the larger-than-average home and, especially, the elite-sized lot, as assessed by the municipal authority for tax purposes.
2. Is the large lot a common feature in Kil-Cona Park?
While the lot is above average for the specific street, the data shows that comparable lots in the wider Kil-Cona Park area average even larger. This suggests the neighbourhood may offer more spacious properties overall, but this particular lot remains a standout feature citywide.
3. The home sold in late 2021. How does that sale price relate to its current assessed value?
The sold price range in 2021 ($58.50k - $61.50k) was higher than the current assessed value of $55.40k. It's important to remember that assessed value is for taxation and can lag behind market value. The sale history provides a concrete, recent market benchmark.
4. What is the practical benefit of having both an attached and a detached garage?
This setup offers exceptional flexibility. The attached garage provides convenient, direct access to the home. The detached garage can be used for secure vehicle storage, a dedicated workshop, or extensive storage, effectively separating messy projects or equipment from the main house.
5. The basement is noted as "not renovated." What should I consider?
This means the basement space is likely in a rough or utility state. It presents both a cost consideration for finishing and a unique opportunity. A buyer can customize the space to their exact needs—whether as a rec room, additional bedrooms, or a suite—without needing to undo someone else's renovations. It's essential to budget for this work and have the space inspected for moisture and foundational integrity.