Property score
74.5
Good
Overall 74.5 · Older than most nearby homes
1,612 sqft (top 34%) · Built in 1945 (35 yrs older than avg)
Located in a high-income area with median household income of ~116k
Transit 0.0
Living Area
Near average
3% larger than neighborhood avg.
Year Built
Below average
35 yrs older than neighborhood avg.
Mother tongue
English · 74%Punjabi · 4%
Past 10 years Kil-Cona Park sales snapshot (~80% of all data)
32
496.3k
$317/sqft
1980
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74.5 is composed by the two sections below.
Property Score
Community Score
Kil-Cona Park
How to read: Share of sales in each ~$50k price band for “kil-cona park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110877
$116K
Median household income
$125K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
17%
Single-person households
41%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
Kil-Cona Park · WPS public data · 2026
Annual incidents
1
2026
vs. city avg
-97%
relative to avg
Year-over-year
▼ -87%
vs. prior year
Primary type
Other
100%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 1% | Top 34% | Top 17% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 3-level split home at 1961 Springfield Road in Winnipeg's Kil-Cona Park neighborhood presents a distinct profile defined by its exceptional lot size and modest improvements. Built in 1945, the 1,612 sqft house sits on a remarkably large, 133,505 sqft lot (just over 3 acres), which is its most outstanding feature. The home has a detached garage and an unfinished basement. Recent sales data indicates it sold in late 2022 for approximately $47.5k to $50.5k, closely aligning with its current assessed value of $48.10k.
Key Characteristics & Appeal
The primary appeal of this property lies in its extraordinary land size, which is in the top 1% both for its street and city-wide. This isn't just a large yard; it's a parcel with immense potential for subdivision, expansion, or simply as a rare, private oasis within the city. The house itself is spacious compared to others on Springfield Road, but its age and the unrenovated basement indicate it's a functional living space that may require updates. Its assessed value is high for the immediate street but average for the broader Kil-Cona Park area, suggesting the land value heavily influences the price.
This property would best suit a specific type of buyer: those with a vision for the land itself. This includes developers or investors eyeing future subdivision potential, buyers seeking ample space for hobbies, gardening, or keeping animals, or homeowners planning a significant future build who need a serviceable existing structure in the interim. It is less suited for buyers seeking a modern, turn-key home without renovation plans.
Frequently Asked Questions
1. Why is the assessed value so much lower than typical city-wide home prices?
The assessed value reflects the current state and market value of the property, which is heavily influenced by the older home and its specific location. The value captured here is primarily in the land, not in a recently built or extensively renovated structure.
2. What does the "unfinished basement" imply for living space?
The basement is included in the total living area square footage but is not renovated into a finished living space (like a rec room or bedroom). It offers functional storage and utility space and presents an opportunity for future expansion, but any upgrades would be at the owner's expense.
3. How significant is the lot size, really?
At over 3 acres, it is exceptionally rare for a residential property within Winnipeg city limits. For perspective, the average lot on Springfield Road is about 5,913 sqft; this lot is more than 22 times larger than that average.
4. The home sold recently in 2022. What does that rapid resale potential indicate?
While reasons for sale are specific to the owner, the recent transaction in a similar price range suggests the property holds a stable, niche market value based on its unique characteristics, particularly the land.
5. What are the main considerations given the home's age?
Built in 1945, prospective buyers should budget for and investigate potential updates to major systems (like plumbing, electrical, or roofing) common to homes of this era, alongside any cosmetic renovations desired. The age is a key factor in its below-average ranking for year built in all comparison categories.
