Property Summary: 334 Kensington Street, Winnipeg

Key Characteristics & Appeal

This one-storey home on Kensington Street presents a compelling mix of space, value, and location. Its primary appeal lies in its generous 5,003 sqft lot, which is significantly larger than most in the immediate area, offering ample outdoor potential. The home itself, with 944 sqft of living space, is comfortably sized for the neighbourhood and features a renovated basement. A detached garage adds practical utility.

The property stands out for its assessed value, which ranks in the top 10% locally, suggesting it is viewed as a strong asset relative to its peers. Built in 1954, it is newer than many homes on the street, potentially implying fewer concerns with aging infrastructure. This combination suits buyers looking for a manageable, single-level layout with room to grow or garden in a well-established area. It’s particularly suited to first-time homeowners, downsizers, or value-focused investors who prioritize land size and solid fundamentals over a large interior footprint.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value is strong for the area, it is used for municipal tax purposes. The last known sale was in August 2022 for a price between $315,000 and $345,000. Market conditions and property updates will determine the final sale price.

2. How does the living space compare to a typical city home?
At 944 sqft, the living area is below the Winnipeg city-wide average. However, it is very much on par with, or slightly above, the average for the Kensington neighbourhood, indicating it’s a typical and comfortable size for this specific community.

3. What are the implications of having a larger-than-average lot?
The large lot provides valuable outdoor space, potential for additions like a garden suite (subject to zoning), or simply more privacy. It’s a long-term asset that may not be easily found in newer subdivisions.

4. The home is described as "one storey." Does it have any upstairs space?
The listing specifies a one-storey (bungalow) style with a renovated basement. This means the primary living areas are on one level, with additional finished space below grade.

5. How can I find out the exact historical sale price?
The exact sold prices are not publicly displayed in detail. The listing service offers to provide this information manually via email upon request, at no cost and without marketing spam.