Property Overview
391 Kingston Crescent is a substantial, modern two-and-a-half storey home that stands out for its exceptional size, new construction, and premier location. Built in 2022, it offers over 3,400 square feet of living space, placing it in the top 2% of homes in its area for size. The property sits on a large, nearly 10,000 sqft lot and features an attached garage and a renovated basement. Its assessed value of $1.66M ranks it at the very top of the market locally.
The primary appeal lies in acquiring a like-new, high-calibre home in an established, elite neighbourhood without the wait or uncertainties of a custom build. It suits buyers looking for significant space and modern amenities in a move-in-ready condition, particularly those who value both prestige and practicality. A thoughtful perspective is that this home offers a rare combination: the modern efficiency and layout of a new build within the mature, tree-lined setting of a historic area, providing instant established landscaping and community character that brand-new subdivisions often lack.
Frequently Asked Questions
1. How does the assessed value compare to likely market price?
While the assessed value is a strong indicator for property taxes, market price is determined by current buyer demand. Given its top-tier rankings for size, newness, and value in the area, the market price would likely align with or exceed this high assessment.
2. What are the advantages of a home built in 2022 versus an older character home?
A 2022 build offers modern building codes, energy efficiency, contemporary floor plans, and minimal immediate maintenance. It provides the character of the Kingston Crescent area without the potential for major system updates or renovations required in older homes.
3. Is the lot size typical for the area?
At 9,648 sqft, the lot is above average for Kingston Crescent and significantly larger than the Winnipeg average. It offers ample outdoor space while maintaining a proportional footprint for the size of the home.
4. What does the "renovated basement" entail?
The listing specifies a renovated basement, which typically means it is finished as livable space (e.g., recreation room, additional bedrooms). For exact details on the finish and layout, further inquiry with the listing agent is recommended.
5. Are sold prices for nearby homes a good indicator for this property?
Nearby sold prices provide context, but direct comparisons are difficult due to this home's exceptional characteristics. The provided data shows neighbouring properties are generally older and smaller, underscoring that 391 Kingston Crescent is a unique offering in its immediate streetscape.