Property Overview: 2606 Knowles Avenue, Kil-Cona Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kil-Cona Park is defined by a compelling combination of space, value, and location. Its key characteristic is an exceptionally large, half-acre lot (21,771 sqft), which places it in the top 1% of property sizes citywide. This offers rare potential for gardening, expansion, or simply enjoying generous private outdoor space. The 1,328 sqft living area is comfortably average for the neighbourhood, and the home benefits from a renovated basement and an attached garage.
The appeal lies in its solid value proposition. The assessed value is above average for both the street and the city, suggesting a well-maintained or improved property relative to many peers. Recent sold price data indicates strong market performance. While the home itself is from 1969, the renovated basement adds modern functionality. This property would suit practical buyers looking for a long-term family home with room to grow, or value-conscious purchasers who prioritize land size over a newer build. It’s a home for those who see the underlying asset—the land—as a primary draw, with the house serving as a comfortable and updated foundation.
Section 2: Frequently Asked Questions
1. How does the home’s age affect its condition?
Built in 1969, the home is older than many on its street. However, the renovated basement indicates proactive updates. A thorough inspection is recommended to understand the state of major systems (roof, plumbing, electrical) common to homes of this era.
2. Is the large lot a benefit for future resale?
The half-acre lot is a significant and rare asset in the city. It typically adds a premium and broadens the pool of future buyers who may be interested in the space for recreation, gardening, or future development, subject to local zoning.
3. The assessed value seems high for the street. Why?
The assessment is above the street average, which often reflects improvements (like the renovated basement), superior condition, or the perceived value of the larger lot compared to neighbouring properties.
4. What is the neighbourhood like?
Kil-Cona Park is a mature neighbourhood. The data shows homes here generally have very large lots, but this property’s lot is actually below average for the immediate area. This suggests a community with a spacious, established feel, yet this home offers a more manageable yard size while still being vast by city standards.
5. How stable has the property’s value been?
Based on the provided sold price history, the home has sold at prices consistently ranking in the top 13-29% for the street, indicating strong and above-average value retention in recent transactions.