Property Overview: 40 Kinsley Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 40 Kinsley Crescent in the Meadows neighbourhood is a practical, mid-sized property built in 1980. With 1,040 square feet of living space, it offers a manageable footprint that is competitively sized for its immediate street and area, ranking above many nearby comparables. The assessed value is notably below average for both the street and the Meadows area, which can signal a potentially accessible entry point into the market or an opportunity for value-conscious buyers.
The appeal lies in its positioning as a straightforward, no-frills home in an established community. It suits first-time buyers looking for a manageable starter home, or investors seeking a rental property with fundamentals in place. A thoughtful perspective is that while the lot size is smaller than most in the area, this can translate to lower maintenance costs and less yard work—an advantage for those seeking simplicity. Its age suggests potential for updates, allowing a buyer to add value over time. It’s a property for someone focused on practicality and location within a mature neighbourhood, rather than premium size or modern finishes.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value is for municipal tax purposes. The home’s assessed value is below area averages, but recent sold price data from 2017 suggests market value can differ. A professional market evaluation is essential.
2. What does the home’s ranking for "Year Built" mean?
The data shows the home is older than most on its street and in the Meadows. This typically indicates a well-established street with mature homes, but it also means buyers should budget for potential updates to aging components like roofing, windows, or major systems.
3. How does the lot size compare, and what are the implications?
At just under 4,000 sq. ft., the lot is smaller than most in its comparison groups. This often means a more compact backyard, but also less exterior maintenance. It’s a trade-off that can be a pro for some lifestyles and a con for others.
4. The sold price history shows two different ranges for 2017. Which is correct?
The listing notes that sold prices shown are estimated ranges from public data. To get the exact, verified sale history, you must request it directly via the provided email link, as the public records may contain inconsistencies.
5. Who would this property not be ideal for?
It may not suit buyers looking for a large, modern home with ample yard space or those unwilling to consider properties that may require some updates due to its age. The metrics suggest it’s a functionally sized home in a mature setting, best for those with realistic expectations about a 46-year-old property.