Property Summary: 176 Kingston Row
Key Characteristics & Buyer Appeal
This one-and-a-half storey home, built in 1932, presents a practical opportunity in Winnipeg's Kingston Crescent area. Its key appeal lies in its balance of a renovated basement, a detached garage, and a city-wide perspective that reveals value not immediately obvious from neighbourhood comparisons alone.
While the home's living space (1,123 sq ft) and assessed value are below average for its immediate street and area, it sits around the city-wide average for these metrics. This suggests you may get more house for your dollar here compared to pricier pockets of Kingston Crescent. The lot size (over 6,000 sq ft) is a standout feature, ranking above the Winnipeg average, offering good outdoor space potential. The home suits first-time buyers seeking character in an established neighbourhood, value-oriented purchasers comfortable with a property that may require updates, or investors looking at the long-term potential of a well-located lot. Its appeal is grounded in fundamentals rather than luxury, offering a solid entry point into the area.
Frequently Asked Questions
1. Is this a small house?
Compared to other homes on Kingston Row and in Kingston Crescent, yes, its living area is below the local average. However, it is very close to the average size for a home across the entire city of Winnipeg.
2. Why is the assessed value so much lower than the city-wide average value listed?
There is a discrepancy in the data. The assessed value for this home is $37.70k, but the "city-wide average" for comparable homes is listed as $390k. This $390k figure is likely an error or a misinterpretation of the data source. The assessed value is consistent with similar-valued properties listed elsewhere in the city.
3. What does "below average – Top 87%" mean for Living Area?
This ranking means the home's living area is smaller than 87% of comparable homes on Kingston Row (it ranks 267th out of 308). So, while it's in the top 87% by rank, it is actually in the bottom 13% by size on its own street.
4. Was the home recently sold?
The last recorded sale was in August 2019, with a public price range of $265,000 to $295,000. For the exact sale price, you must request it directly from the website via email.
5. What are the less obvious points to consider?
The land size is notably larger than the typical Winnipeg lot, which could be a long-term asset. Also, being an older home (1932) on a street where the average home is from around 1940, it may have unique character but could also have associated maintenance considerations typical of its age.