Property Overview: 74 Kowalsky Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,880 sqft home, built in 2017, presents a compelling mix of modern living within a well-established Winnipeg neighbourhood. Its primary appeal lies in its relative newness and above-average size compared to the broader city housing stock, offering a move-in-ready property with less concern for immediate major repairs or updates.
The home is ideally suited for buyers seeking a modern build without venturing into brand-new subdivisions. It fits professionals or growing families who value contemporary layouts and systems, but who also appreciate being part of a mature community like Ridgewood South. A thoughtful perspective is its positioning as a "value-play" within its immediate area: while its assessed value is below the current street and neighbourhood averages, it boasts one of the newest builds on the block. This suggests potential for the right buyer to own a newer asset in an area where surrounding properties may eventually see their values influenced by recent builds like this one.
Section 2: Frequently Asked Questions
1. How does this home really compare to others nearby?
The data shows a nuanced picture. City-wide, its size and year built are well above average. On its own street, however, it's among the newest homes but has a slightly smaller lot and lower assessed value than direct neighbours. This means you're getting a modern home, but not necessarily the largest property on the block.
2. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value of $483k is for municipal tax purposes. Notably, it's below the current street average of ~$530k. Market conditions, recent upgrades, and buyer demand will determine the final sale price, which could be higher or lower than this assessment.
3. What does the sale history tell us?
It last sold in 2017, likely as a new build. The sale price then fell within the $400k-$450k range. This provides a baseline for how the property's value has changed since its original purchase.
4. Are there any less obvious considerations?
Two points stand out. First, the lot size is average for the street but smaller than the neighbourhood average, which may matter if outdoor space is a priority. Second, being one of the newest homes on a street of similar-age properties could mean a more consistent streetscape now, but may also lead to more varied renovation cycles in the future as homes age differently.
5. How can I verify the exact past sale prices?
The site notes that exact sold prices are not displayed publicly due to data source rules. You must request this information directly via email from the service, which will provide a manual lookup of the fully verified transaction history.