2371 Knowles Avenue

Property Summary: 2371 Knowles Avenue, Kil-Cona Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Kil-Cona Park stands out for its exceptional land size and above-average living space. The key draw is the property itself: a 72,300 sqft lot that ranks in the top 1% citywide, offering rare potential for privacy, expansion, or gardening. The 1,736 sqft living area is spacious for a bungalow, comfortably above local averages, and features a renovated basement. Built in 1987, it is a relatively newer home in its context, and its high assessed value suggests substantial updates or desirable features.

Its appeal lies in offering a balance of a modernized, single-level living space with an unusually large, blank-canvas yard in a mature neighbourhood. It suits buyers looking for a bungalow with room to grow—whether that means space for a workshop, a large family garden, or future additions. It would also appeal to those who value statistical upside, as the metrics consistently show the property outperforms most peers on its street, in the area, and across Winnipeg for lot size, living area, and value.

Section 2: Frequently Asked Questions

1. What does the high assessed value relative to the area indicate?
A significantly higher assessed value than neighbouring homes often reflects major renovations, premium finishes, or additions that have been formally recognized. It suggests the home has been substantially upgraded beyond the original build.

2. Is the large lot size typical for Kil-Cona Park?
While lots in Kil-Cona Park are generally larger than the city average, this property's lot is still notably bigger than most in the neighbourhood, ranking in the top 26% locally. It is a standout feature even within this area.

3. What are the implications of a renovated basement?
A renovated basement in a 1987 home typically adds significant finished living space, which could include additional bedrooms, a family room, or a suite. It's important to verify the quality of the renovation, permits, and its suitability for your needs.

4. How does the sale history inform the current value?
The home was last sold in late 2016. The price range from that sale provides a historical benchmark, but the current assessed value and market conditions will be the primary drivers of today's listing price.

5. Who would benefit most from this property's layout?
The one-storey (bungalow) design combined with a renovated basement is ideal for multi-generational families, those planning for aging in place, or anyone seeking to avoid stairs for daily living, while still having ample space for guests or recreation.