Property Overview: 534 Kingsford Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 948 sqft bungalow, built in 1960, presents a straightforward opportunity in the Rossmere-A neighborhood. Its primary appeal lies in its solid positional value. The home sits on a slightly larger-than-average lot for the area (over 6,000 sqft), offering more outdoor space than many nearby properties. While the living area is modest compared to broader city averages, it is quite typical for Kingsford Avenue itself, suggesting the home fits comfortably within its immediate streetscape.
The assessed value of $309k is consistently around or below average for the street, neighborhood, and city, indicating a potentially accessible entry point into the market. A sale recorded between 2021-2023 in the $300k-$350k range supports this valuation. This property would suit first-time buyers or practical downsizers seeking a manageable footprint without a premium price, and who value a larger yard over expansive indoor square footage. Its classic 1960s build date is actually newer than many on its block, a subtle point that might appeal to those mindful of incremental updates in construction eras.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to its neighbors?
At 948 sqft, the living area is very close to the average for Kingsford Avenue (~1,081 sqft) but is below the averages for the wider Rossmere-A neighborhood and Winnipeg overall. This suggests it’s a comfortably standard size for its specific street.
2. Is the assessed value in line with the area?
Yes. The $309k assessment ranks it around the 70th percentile on its own street, meaning it’s valued lower than about 70% of comparable homes on Kingsford Avenue. It sits slightly below the neighborhood average as well, indicating it is priced accessibly within the local context.
3. What is the lot size, and is that a feature?
The lot is 6,046 sqft. This is above average for both the street and the Rossmere-A area, and ranks in the top 30% city-wide for comparable properties. The generous yard is a distinct advantage of this listing.
4. When was it last sold, and for how much?
Records indicate a sale between September 2021 and September 2023, with a sold price in the range of $300,000 to $350,000. Exact figures require a manual lookup from the provider.
5. Are there similar properties nearby for comparison?
Yes. The listing references several nearby homes on Kingsford Avenue, De Graff Place, and Ian Place with similar build years (1960-1961), assessed values (mostly between $308k-$351k), and living areas (typically 1,000-1,150 sqft), providing a clear picture of the local market.