Property Overview: 240 Kingston Row, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 1939, presents a solid opportunity in the Kingston Crescent area. Its key characteristics include 1,667 sqft of living space, a renovated basement, an attached garage, and a generous 7,509 sqft lot. The data reveals a home that is consistently "around average" for its immediate street and neighborhood in terms of size, assessed value, and age, but stands out as "above average" citywide for both living area and lot size. This positions it as a well-scaled, established property in a mature area.

The appeal lies in its balance and potential. The renovated basement adds modern functionality to a classic layout, while the large lot offers valuable outdoor space and privacy uncommon in many parts of the city. It suits buyers looking for a character home in a stable neighborhood without the premium price tag of a fully updated or newer property. It would particularly resonate with those who value space over newness—a practical choice for a growing family, someone seeking a workshop or garden space, or a buyer comfortable with gradually personalizing a home that has good bones and a strong foundational layout.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often different from market value. Recent sold price data for the home (from 2019) and current market conditions will be more relevant indicators for establishing an asking price.

2. What are the implications of the home's age (built 1939)?
While the home has character and is on par with others in the area, it's important to factor in the potential for older mechanical systems (like plumbing or wiring) and the need for maintenance consistent with a home of this era. The renovated basement is a positive update.

3. The lot is large citywide but average for the street. Is that an advantage?
Yes. It means you get the benefit of a spacious yard while being in a neighborhood where that scale is the norm, preserving the area's character and ensuring your investment in outdoor space is supported by surrounding properties.

4. What does "around average" for the neighborhood really mean for resale?
It suggests the home is competitively positioned within Kingston Crescent, neither over- nor under-sized for the area. This can provide stability, as its value is less likely to be disproportionately affected by local market shifts compared to more outlier properties.

5. How can I get the exact historical sold price for this property?
The exact sold price history is available upon request. You can provide your email via the form on the property page to receive the precise figures directly; this service is manually provided without obligation for marketing communications.