Property Overview: 62 Kowalsky Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This 2017-built home in Ridgewood South offers a compelling mix of modern living and relative value. Its key appeal lies in its above-average citywide standing for both size (1,836 sq ft, top 16% in Winnipeg) and assessed value, paired with the low-maintenance benefits of a newer build. On its own street and in the immediate neighborhood, however, the home presents a more nuanced picture: its living space is about average locally, while its assessed value and lot size (4,396 sq ft) are below the area averages.

This creates a specific opportunity. The home suits buyers seeking a modern, move-in-ready property without paying a premium for the largest lot on the block. It’s ideal for those who prioritize interior space and contemporary construction over extensive yard space. A thoughtful perspective is that this property offers the advantages of a newer home—like updated building codes and modern efficiencies—within an established, mature streetscape, potentially providing the best of both worlds. It would particularly fit growing families or professionals looking for a comfortable, low-hassle home in a settled community, where the investment has gone more into the structure than the land footprint.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value of $475k is below the average for both Kowalsky Crescent ($530.7k) and the wider Ridgewood South neighborhood ($560.2k). This suggests a potentially attractive entry point into the area, though it may reflect factors like the smaller lot size.

2. Is the house unusually new for this street?
Yes. Built in 2017, it is among the newest homes on Kowalsky Crescent, ranking in the top 2% for year built on the street. This means you would have one of the most modern homes in the immediate vicinity.

3. What was the previous sale price?
Public records indicate it last sold in June 2017 for between $400,000 and $450,000 (shown as a price range). To obtain the exact, verified sale price and history, a manual lookup through the site’s email request service is required.

4. How does the lot size impact this property?
The lot of 4,396 sq ft is below the street and neighborhood averages. This means less yard for maintenance and potential expansion, but it may also contribute to the home’s relatively lower assessed value for the area, focusing the investment on the living space itself.

5. Where does this home stand out most clearly?
Its advantages are most pronounced when viewed citywide. Compared to the average Winnipeg home, it offers significantly more living space (top 16%) and a higher assessed value (top 24%), all in a much newer construction (top 5%). Its position is strongest as a modern, spacious home within the broader Winnipeg market.