2260 Knowles Avenue

Property Overview: 2260 Knowles Avenue, Kil-Cona Park, Winnipeg

Key Characteristics & Appeal

This is a classic 1973-built, one-storey home with an attached garage and a full, unfinished basement. At 1,212 sqft of living space, it offers a practical layout that is comfortably average for its street and the wider city. The home’s standout feature is its land: a 25,002 sqft lot that is significantly larger than most in Winnipeg, placing it in the top 1% citywide for lot size. This presents a major opportunity for gardening, expansion, or simply enjoying generous private outdoor space.

The appeal here is grounded in value and potential. The home itself is unrenovated, positioning it well for buyers looking for a solid foundation at a accessible price point, with the vision to update it to their own taste over time. Its assessed value is modest for the area, suggesting room for equity growth as improvements are made. It would suit first-time buyers seeking a home with a large yard, or practical investors and renovators who see value in the land and the opportunity to add sweat equity. The neighbourhood of Kil-Cona Park offers a established, quiet setting, and the property’s metrics show it is a typical, integrated home for the street rather than an outlier, which can be appealing for those seeking community consistency.

Frequently Asked Questions

1. Is the large lot a benefit or a burden?
While the lot size is a rare and valuable asset for privacy and potential uses, it also means higher property taxes relative to the home's assessed value and more yard maintenance. Buyers should weigh the long-term value of the land against the ongoing costs and upkeep.

2. What does "unrenovated basement" really mean?
This indicates the basement is in original, functional condition but requires finishing. It’s a blank canvas for future living space, storage, or a rec room, but any conversion will require a full investment and proper permits for insulation, flooring, and egress.

3. How does the assessed value compare to the recent sale price?
The home last sold for an estimated $43.5k–$46.5k in late 2024, which is closely aligned with its current assessed value of $42.6k. This suggests a stable, market-reflective price without a significant premium or discount, which is useful for financing and tax planning.

4. What are the implications of the home being "around average" in size and age for the street?
This is positive for resale and insurance, as the property conforms well to its immediate surroundings. You’re unlikely to over-improve relative to neighbours, and finding comparable homes for future appraisal is straightforward.

5. Who is responsible for providing the exact historical sale price?
The precise sale price is not publicly listed. The listing service offers to provide it manually via email request, stating they do not use contact details for unsolicited marketing. This is a common practice to verify serious interest.