Property Overview: 459 Kingston Crescent, Winnipeg
Key Characteristics & Buyer Appeal
This one-and-a-half storey home, built in 1939, presents a practical opportunity in Winnipeg's Elmhurst area. Its key characteristics include a renovated basement, a detached garage, and a living space of 1,274 sqft situated on a 6,125 sqft lot. The appeal lies in its balance of a solid, updated foundation within a classic home, coupled with a strong value proposition. The assessed value of $52,500 is notably above average citywide, suggesting good municipal valuation relative to many Winnipeg properties, yet it remains around the average for the immediate Kingston Crescent area.
The home would suit a first-time buyer or a downsizer looking for a manageable footprint without a major renovation project, thanks to the updated basement. It’s also a sensible fit for a value-focused investor, given the attractive assessment-to-price metrics. A less obvious perspective is the lot size: while it's below average for the street, it is actually above average citywide, offering a decent outdoor space that is easier to maintain. This isn't the largest home on the block, but its recent sale history indicates it's a competitively priced entry point into a established neighbourhood.
Frequently Asked Questions
1. How does the home's size compare to others?
At 1,274 sqft, the living area is below the average for both Kingston Crescent and the broader area, but is very close to the citywide average. It offers a more compact, efficient layout.
2. What does the assessed value tell me?
The assessed value of $52,500 is in the top 16% citywide, indicating the city assesses it more highly than most Winnipeg homes. On its own street, however, it's around the middle of the pack, which can signal stable, established property values in the immediate vicinity.
3. When was it last sold and for how much?
The property was sold in May 2022. The exact sold price is available upon request from the listing service, with provided data indicating a range at that time.
4. Is the lot size a disadvantage?
The lot is smaller than many on Kingston Crescent but is still larger than the typical Winnipeg lot. This translates to less yard maintenance than larger plots while still providing private outdoor space.
5. What does the "renovated basement" include?
The listing confirms the basement has been renovated, but specific details on the finish, layout, or permits should be verified with the seller or listing agent to understand the full scope and quality of the work.