Property Overview: 207 Kingston Row, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This one-and-a-half storey home, built in 1938, sits on a notably generous lot of over 9,000 square feet in the Kingston Crescent area. With 1,388 sqft of living space and a renovated basement, its practical layout is complemented by an attached garage. The data reveals a compelling balance: while the house itself is of average size for the street, the land parcel is significantly larger than most city lots, placing it in the top 8% citywide for land area. This creates a valuable proposition where the property's assessed value ranks highly across the city, yet remains average within its immediate, desirable neighbourhood—suggesting a solid value position within a well-regarded area.
The primary appeal lies in this land-to-value ratio, offering space and potential in an established community. It suits a buyer looking for a character home with room to grow, garden, or enjoy outdoor privacy, without venturing to the city's outskirts. It would also resonate with a value-conscious purchaser who recognizes the long-term asset of a large lot in a mature neighbourhood, possibly seeing past the home's average interior size to the potential of the land itself. The renovated basement adds modern livability to the classic structure.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The assessed value is around average for Kingston Crescent and Kingston Row, but ranks in the top 16% citywide. This indicates you are buying into a solid neighbourhood without a premium price tag relative to your immediate neighbours, while still holding a property that stands above most in Winnipeg for its assessed value.
2. Is the lot size unusual for this area?
Yes. At 9,025 sqft, the lot is larger than the average for both the street and the broader area. Citywide, it’s in the top 8%, meaning this is a key feature that distinguishes it from many other properties.
3. What should I consider about a home built in 1938?
While offering classic charm and a mature streetscape, it’s important to have thorough inspections for systems like wiring, plumbing, and the foundation, which may be original or have undergone updates. The renovated basement is a positive modern touch.
4. The last sold price shown is quite low. Why is that?
The displayed sold price range (from public data) appears to be from 2021. Market conditions have changed significantly since then. For the exact, current sold price history to inform your offer, you must request it via the provided email service.
5. Who would this property not suit?
It may not suit buyers seeking a brand-new, low-maintenance home or those who prioritize maximum interior square footage above all else. The appeal here is weighted toward the land and location, ideal for someone who values outdoor space and sees potential in a solid, older home.