Property Overview: A-205 Kitson Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 798 sqft property in Norwood East is a practical, entry-level home built in 1986. Its key appeal lies in its relative affordability within a well-established neighborhood, as reflected in its assessed value of $161k, which sits below area and city averages. The home is notably newer than most on its street, offering a potential advantage in maintenance and systems over older neighboring properties.
The unit suits first-time buyers, investors, or downsizers seeking a lower-cost foothold in a central Winnipeg community. Its below-average size and value suggest a manageable commitment, both financially and in terms of upkeep. A thoughtful perspective is that while the living space is compact, this can translate to lower utility costs and less time spent on maintenance, aligning with a simpler, more efficient lifestyle. Buyers should note that the unit is part of a multi-unit building (as indicated by the "A-205" designation and nearby identical suite addresses), so its character and value are intrinsically linked to the shared structure and common areas.
Section 2: Frequently Asked Questions
1. What does the "Top 92%" ranking for assessed value on the street mean?
This means the property's assessed value is lower than 92% of the 12 comparable homes on Kitson Street. In simpler terms, it is one of the most affordable units on this specific block.
2. Is this a standalone house or part of a larger building?
The addressing ("A-205") and the list of nearby units (B-205, C-205, etc.) indicate this is almost certainly a suite within a multi-unit residential building, such as an apartment block or townhouse complex.
3. How current and reliable is the sold price data shown?
The site notes that sold prices are from public internet data, not the MLS, and have had limited verification. The displayed range (CA$150k–200k) is an estimate. For verified, exact historical sale figures, you must request a manual lookup from the website via email.
4. The home is newer than most on the street, but is it older than the city average?
Yes. Built in 1986, it is newer than most homes on its street (avg. 1985) but is slightly older than the Winnipeg city average (1990) for comparable properties.
5. What might explain the value being below neighborhood and city averages?
The below-average living area (798 sqft vs. 954 sqft in Norwood East) is a primary factor. The property type (being part of a multi-unit building) and specific building condition or features not detailed here also commonly influence assessed value relative to standalone homes.