172 Kingsway

Property Overview & Appeal

This 1925 two-and-a-half storey home in Crescentwood offers a classic Winnipeg character combined with practical, modern updates. Its key characteristics include a generous 2,706 sqft of living space, a renovated basement, a detached garage, and the rare feature of a private pool, all situated on a large, nearly 8,000 sqft lot. The home’s assessed value ranks in the top tier for the city, suggesting a solid and established property.

The appeal lies in a balanced offering of historic charm and ready-to-use amenities in one of Winnipeg’s desirable neighbourhoods. It suits buyers looking for a move-in-ready character home with space for family living and entertainment, without the immediate need for major renovations. A thoughtful perspective is its positioning: while newer than many Crescentwood homes, its 101-year age means it still carries heritage appeal but may come with the maintenance considerations of an older property. It’s ideal for someone who values outdoor space and privacy (evident from the lot size and pool) within a mature, central community.

Frequently Asked Questions

1. How does the assessed value compare to the likely selling price?
The assessed value is a municipal figure for tax purposes and is typically lower than market value. This home’s assessed value is in the top 3% for Winnipeg, indicating a high-value property, but the final sale price will be determined by current market conditions.

2. What are the implications of the home’s age?
Built in 1925, the home offers classic architecture and likely sturdy construction. Prospective buyers should factor in proactive maintenance common to century-old homes, such as checking the condition of the roof, foundation, and original plumbing or wiring that may not have been updated in the renovation.

3. The living area ranks very high city-wide, but lower in the neighbourhood. What does this mean?
This indicates the home is spacious by general Winnipeg standards, but Crescentwood itself contains many larger, estate-sized properties. This positions the home as a more manageable, yet still very roomy, option within this prestigious area.

4. Is a pool a common feature in this area?
No, a private pool is a notable and less common amenity for homes in this neighbourhood and climate. It offers a unique lifestyle benefit but also entails specific maintenance, insurance, and utility costs to consider.

5. What is the significance of the lot size ranking?
The land area ranks above average for its street and neighbourhood. In mature, established areas like Crescentwood, large lots are a finite commodity. This provides greater privacy, outdoor space for gardens or play, and potential for future additions (subject to zoning bylaws).