Property Overview: 176 Kitson Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This home at 176 Kitson Street is a classic Winnipeg property that represents solid, middle-of-the-road value in the established Norwood East neighborhood. Built in 1912, it offers 1,260 sqft of living space on a 4,039 sqft lot. The data consistently shows it as "around average" compared to its immediate street and neighborhood in terms of size, lot, and assessed value ($318k), suggesting it’s a typical, well-priced entry into this area. Its appeal lies in its stability and predictability—it’s not an outlier in any category, which can be reassuring for buyers seeking a home that aligns closely with community norms without unexpected premiums or compromises.
The property would suit a first-time homebuyer or a practical downsizer looking for a character home without the extreme renovation challenges sometimes found with older houses. It’s also a sensible fit for an investor seeking a stable rental property in a mature neighborhood. A less obvious perspective is that a home ranking consistently average can be a strategic purchase; it often means there’s less competition from buyers chasing "standout" features, potentially allowing for a more straightforward negotiation. Additionally, while older than many in the city, its age is typical for the street, meaning local tradespeople are likely very familiar with the construction style and common maintenance needs.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold between $300k-$350k in May 2024, placing it in the top 34% for the neighborhood and top 52% city-wide for sold price, indicating it holds its value well in the local context.
2. Is the lot size a limitation?
At just over 4,000 sqft, the lot is slightly below the street average but typical for central, older neighborhoods. It provides adequate outdoor space for a garden or patio but may not suit those wanting extensive landscaping or large additions.
3. What should I consider about the age of the home (1912)?
While the home is 114 years old, it’s actually close to the average year built on Kitson Street (1922). This suggests the immediate area has uniform character, but a thorough inspection for updates to foundational systems like wiring, plumbing, and insulation is essential.
4. How does the living space compare to modern homes?
At 1,260 sqft, it is smaller than the current city-wide average. The layout and room sizes will reflect its early 20th-century design, which may mean fewer open-concept spaces but well-defined rooms.
5. Where can I get verified sale price history?
The provided sold price is an estimate from public data. For fully verified figures and exact transaction history, you must request a manual lookup via email, as this site does not have access to MLS sales records.