Property Overview: 2137 Knowles Avenue, Kil-Cona Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kil-Cona Park is defined by its generous scale and land. Built in 1968, it offers 1,783 sqft of living space, which is notably above average for both the street and the wider city. The basement has been renovated, adding to the functional space. The property’s most significant asset is its 22,048 sqft lot, which ranks in the top 1% citywide for land area, offering exceptional outdoor potential and privacy rare for an urban setting.
The appeal lies in this unique combination of spacious interiors on a vast, blank-canvas lot. It suits buyers looking for a project with solid fundamentals—specifically, those who value ample indoor and outdoor space over a modern build date. It’s ideal for someone seeking room to grow, garden, or expand, or who simply desires a large private yard. The attached garage and renovated basement add practical, move-in-ready elements to a property that otherwise presents a long-term opportunity to customize or develop the land.
Section 2: Frequently Asked Questions
1. How does the home’s age affect its value?
While the 1968 build date is older than many neighbours, the above-average living area and renovated basement indicate updates. The value is likely more tied to the exceptional lot size and the potential it offers than the building’s age alone.
2. The assessed value seems low compared to the sold history. Why?
The last recorded sale was in 2017. The current assessed value is an administrative valuation for tax purposes and often doesn’t reflect rapid market changes. The exact 2017 sold price is available by request, providing a more concrete historical benchmark.
3. Is the large lot a burden or an advantage?
It’s a major advantage for privacy, recreation, or future expansion (like an addition or garage), but it also means higher property taxes than a standard lot and more yard maintenance. Its value is subjective to the buyer’s plans.
4. Who would this property not suit?
It may not suit buyers seeking a completely modern, low-maintenance home without any projects. Those prioritizing a newer neighbourhood aesthetic or who don’t want to manage a large yard might find it less appealing.
5. How does it rank in its immediate area?
The data shows a mix: its living space is above average for Kil-Cona Park, but its lot size is actually below average for this specific neighbourhood, which consists of very large properties. This highlights that while the lot is huge by city standards, it’s important to compare it to the local context of large-lot homes.