Property Summary: 410 Kingston Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home, built in 1932, presents a practical opportunity in a mature neighbourhood. Its key characteristics include a renovated basement, a detached garage, and a living area of approximately 1,272 square feet situated on a notably generous 7,359 sqft lot. The appeal here is grounded in value and potential rather than luxury. Compared to the wider city, the lot size is well above average, offering ample outdoor space—a relative rarity. However, within its own desirable Crescent area, the home’s living space and assessed value sit below the local averages, suggesting it may be a more accessible entry point into the neighbourhood.

This property would suit a buyer looking for a solid, no-frills foundation—perhaps a first-time homeowner, a downsizer seeking single-level living, or an investor. The renovated basement adds functional living space, while the large lot provides room for gardening, expansion, or simply enjoying private outdoor space. It’s a home for those who see value in land and location, and who are comfortable with a property that may require updates over time to match some of its more modern neighbours.

Section 2: Frequently Asked Questions

1. Is this a good value for the area?
The data suggests it is priced below the average for Kingston Crescent, both in living space and assessed value. For a buyer prioritizing lot size and location over a larger or more updated house, it represents a strategic way to enter the area.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finish quality, ceiling height, permits, and whether it includes a separate entrance or rental potential.

3. How does the age of the home (1932) affect it?
Built 94 years ago, the home is around average age for its immediate street but older than the citywide average. This typically means character and established landscaping, but it also warrants thorough inspections for foundational integrity, plumbing, electrical systems, and insulation to understand any needed updates.

4. The sold price history shows a range of $40.5k-$43.5k in 2022. Is that accurate?
These figures are based on public data ranges. The exact sold price requires a direct request to the site, as they manually provide precise figures from their records. This is a common practice to ensure data accuracy.

5. What are the realistic comparisons for this property?
The provided comparisons are primarily based on similar assessed values citywide, not necessarily similar homes or locations. A more relevant comparison would be to look at recent sales of other one-storey homes on Kingston Crescent or in the same neighbourhood to gauge the true market value for this specific property type and location.