Property Overview: F-205 Kitson Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This 942 sqft property, built in 1986, presents a practical and straightforward opportunity in Winnipeg's Norwood East neighborhood. Its primary appeal lies in its solid, middle-of-the-road metrics, offering stability rather than standout extremes. The home is newer than most on its specific street, and its assessed value of approximately $181k sits comfortably below both the neighborhood and city averages, suggesting a potentially accessible entry point.
The home would suit a first-time buyer or an investor looking for a manageable, average-sized unit without the premium price tag of a newer or larger property. Its value proposition is grounded in being a competent performer across the board—it’s not the largest, newest, or highest-valued, but it consistently avoids the bottom tiers. A thoughtful perspective is that this kind of "average" profile can offer a buffer against market volatility and provide a realistic, low-surprise foundation for homeownership. The data indicates you’re acquiring a property that is fundamentally aligned with its immediate surroundings, which can be a advantage for those prioritizing neighborhood fit and predictability over standout features.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 942 sqft, the living area is very close to the average for both Kitson Street (927 sqft) and the wider Norwood East neighborhood (954 sqft). It is slightly below the Winnipeg city average for comparable homes.
2. Is the assessed value of $181k typical for the area?
It is typical for Kitson Street itself, where the average is about $178.6k. However, it is notably below the Norwood East neighborhood average of $222.7k, which could indicate a relative value opportunity within the area.
3. How old is this property compared to its neighbors?
Built in 1986, it is actually newer than the average home on Kitson Street (1985) and significantly newer than the Norwood East average (1971). This is one of its stronger comparative points.
4. What can past sale prices tell me?
Public data shows a sale occurred in August 2022 within the $150k-$200k range. That price fell within the top 25% of sales on its street at the time, suggesting it has historically been viewed as a solid value within its most immediate context.
5. How can I get verified, exact historical sale prices?
The displayed data is from public records, not the MLS. For fully verified figures and a complete transaction history, you must request a manual lookup from the site via email. They provide this service without using your email for marketing.