Property Overview: 142 Kitson Street, Norwood East
Key Characteristics & Appeal
This home at 142 Kitson Street is a classic Winnipeg character property, built in 1911. With 781 sqft of living space, it is notably compact, ranking in the smaller tier compared to most homes on its street, in Norwood East, and across the city. This positions it as an efficient, manageable footprint. The assessed value of $282,000 is generally in line with the local neighborhood average, suggesting a fair valuation within its immediate context, though it sits below the wider Winnipeg average.
The appeal lies in its established Norwood East location and its potential as a prudent entry point into the market. The lot size of 3,672 sqft is fairly typical for the street, offering a decent outdoor space for a home of this size. It suits first-time buyers, downsizers, or investors looking for a lower-maintenance property in a mature neighborhood. A thoughtful perspective is that its smaller size and below-city-average price point could translate to relatively lower utility costs and property taxes, offering affordability beyond the purchase price. Its 1911 origins mean potential for charming original details, but also underscore the importance of a thorough inspection to understand the condition of major systems.
Frequently Asked Questions
1. How does the home's size compare practically?
At 781 sqft, the living area is significantly smaller than the average Winnipeg home. This indicates a efficient layout, likely with 1-2 bedrooms, best suited for individuals, couples, or those comfortable with compact living.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($282k) is for municipal tax purposes. Notably, it is very close to the Norwood East area average, but recent sold data shows the home last transacted in the $200k-$250k range in 2019. Market conditions, property condition, and updates since then will determine the final sale price.
3. What should I consider given the age of the home?
Built in 1911, the home is older than most in the city. While this can mean character, it also necessitates careful evaluation of the foundation, wiring, plumbing, roof, and insulation. Budgeting for maintenance and potential updates is essential.
4. How does the lot size impact the property?
At 3,672 sqft, the lot is slightly smaller than the street average but provides a good-sized yard for the home's footprint. It offers outdoor space without being overwhelming to maintain.
5. Where can I get verified historical sale data?
The provided sold price is an estimate from public records. For fully verified and exact transaction history, you must request a manual lookup from the site via email, as they do not have access to MLS sold data.