Property Overview: 19 Kingston Row, Elm Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-three-quarter storey home in the established Elm Park neighborhood offers a blend of classic charm and modern practicality. Its key characteristics include 1,448 sqft of living space, a renovated basement, a detached garage, and a 5,646 sqft lot, built in 1930.

The appeal lies in its position within a mature, sought-after community. The home presents a solid, move-in-ready foundation with the updated basement adding functional living space. Its assessed value is notably above average for Elm Park, suggesting it is a well-regarded property within the neighborhood, even though the lot size is smaller than others on Kingston Row. This creates an interesting value proposition: you're investing in the location and community prestige of Elm Park more than in expansive land.

This property would suit a buyer looking for character in a mature neighborhood without taking on a full renovation project. It’s ideal for small families, professionals, or downsizers who value the tranquility and tree-lined streets of Elm Park over a brand-new build. The renovated basement offers flexibility for a home office, recreation room, or guest space, adding to its practicality.

Section 2: Frequently Asked Questions

1. How does the property’s value compare to the area?
The home’s assessed value is in the top 26% for Elm Park, meaning it is considered above average for the neighborhood. However, it’s below the average for its specific street, Kingston Row, indicating you may get more house for your money here compared to pricier lots on the same block.

2. Is the lot size a concern?
At 5,646 sqft, the lot is above average for Elm Park but smaller than most on Kingston Row. This means less yard maintenance but also potentially less private outdoor space than some neighbors. It’s a trade-off that prioritizes the neighborhood setting over a sprawling yard.

3. What does the sale history indicate?
The property sold in June 2023 for $43,200k and previously in May 2016 for $24,800k. This history shows significant appreciation over that seven-year period, reflecting the strong demand for homes in the Elm Park area.

4. For a home built in 1930, what should I consider?
While the basement has been renovated, the core structure is nearly 100 years old. Prospective buyers should pay special attention to the condition of major aging components not explicitly mentioned as updated, such as the roof, plumbing, electrical systems, and the foundation, during an inspection.

5. Who are the typical neighbors or buyers in this area?
Elm Park is a long-established neighborhood. You’ll likely be among residents who value community, architectural character, and central location. The demographic is often a mix of long-term homeowners, families attracted to the area’s ambiance, and professionals.