Property Summary

Key Characteristics & Buyer Profile

This is a standout property in Winnipeg’s Kil-Cona Park area, defined by a rare combination of size and value. The home offers 1,766 square feet of living space, which is well above average for its street and the city at large. More striking is the land: the lot measures 43,523 square feet—placing it in the top 1% citywide, though it falls in the bottom half of its own neighbourhood, suggesting many nearby lots are even larger. The home was built in 2002, making it relatively new for the area, and its assessed value of $612,000 ranks in the top 2% on Knowles Avenue and top 7% across Winnipeg.

The appeal here is not just square footage, but the ratio of indoor space to land. Buyers who want a substantial yard without sacrificing a modern, well-sized house will find this unusual. It would suit someone looking for room to garden, add a shop or studio, or simply have privacy in a mature neighbourhood—without moving to a rural fringe. It’s also well positioned for buyers who prioritize long-term land value, since large lots near the city center are increasingly scarce. The home itself is not a fixer-upper by age, but the high assessed value relative to the street suggests above-average finishes or condition. This property is likely best for a household that values outdoor space as much as indoor finish, and is willing to pay a premium for land that most nearby homes lack.

Five Possible FAQs

1. How does the large lot compare to others in Kil-Cona Park?
While your lot is in the top 1% citywide, it falls in the bottom 45% of the immediate area. That means many homes here are on even bigger parcels—so if you want a truly oversized lot relative to neighbours, this property may not deliver that. It does, however, offer far more land than the typical Winnipeg home.

2. Is the assessed value of $612,000 realistic, or could it be adjusted?
The assessed value is based on recent market data and comparable sales. It ranks among the top homes on Knowles Avenue and top 9% in Kil-Cona Park. If the home’s condition or upgrades support that number, it’s likely fair. However, buyers should verify that the assessment reflects current finishes and not outdated assumptions.

3. What are the trade-offs of buying a home with a top-tier lot size?
A large lot means more maintenance—mowing, snow clearing, possibly tree care—and higher property taxes tied to land value. It also limits the pool of future buyers who want that much yard. On the upside, the land itself can appreciate independently of the house, and you have room for additions, a garage, or outdoor living features.

4. How does this home compare to others on Knowles Avenue specifically?
On Knowles Avenue, this home ranks 7th out of 322 properties for assessed value, top 7% for year built, and top 14% for living area. So it’s one of the newer, more valuable homes on the street, with a lot that’s larger than average for that road but not the absolute biggest. It stands out more for its value and age than for extreme land size relative to neighbours.

5. Should I be concerned that the land area ranking is low for the immediate neighbourhood?
Not necessarily. It just means Kil-Cona Park has many unusually large lots. If you’re comparing within the area, this lot is on the smaller side, but still generous by city standards. The real question is how you plan to use the yard. If you want something truly secluded or buildable for a secondary structure, you may want to look at larger lots in the area. If you just want more breathing room than a standard city lot, this is likely plenty.