Property Overview: 59 Kingshead Close, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home in Vialoux presents a compelling mix of space, value, and established character. Its key appeal lies in its above-average citywide value proposition and a generous, private lot. With 1,179 sqft of living space, the home is cozier than most on its street and in the immediate neighborhood, but it sits right at the citywide average, suggesting an efficient and manageable layout. The standout feature is the 6,597 sqft lot, which is larger than over 79% of comparable properties across Winnipeg, offering significant outdoor potential.

Built in 1974, it is one of the original homes on Kingshead Close, offering a sense of established permanence in the streetscape. The assessed value of $454k is notably above the Winnipeg average, yet it aligns closely with the street and neighborhood averages, indicating a stable and recognized worth within its most immediate market context.

This property would suit a buyer looking for a solid, no-surprises investment in a mature neighborhood—someone who prioritizes a large yard over expansive interior square footage. It’s ideal for first-time buyers or downsizers who want space for a garden, pets, or quiet outdoor living without venturing to the city's outskirts, and who appreciate a home with a long-standing history in its community.

Section 2: Frequently Asked Questions

1. Is the living area too small compared to neighbors?
While the home's living area is below the average for both its street and the Vialoux neighborhood, it is virtually identical to the average home across the entire city of Winnipeg. This suggests the floor plan is typical for Winnipeg, but on a street and in a neighborhood that may have larger, more recently built or expanded homes.

2. Why is the assessed value so much higher than the city average?
The assessed value reflects the property's standing in its specific location. It is consistent with the averages on its own street and in Vialoux, which are desirable, established areas. The above-city-average valuation underscores the premium for the lot size and the neighborhood's stability.

3. What does the 1974 build year mean for maintenance?
As one of the first homes built on the street, it may have original components that require updating or inspection. However, its age is typical for Winnipeg, and a well-maintained home from this era often features solid construction and mature landscaping.

4. How does the lot size compare in practical terms?
The lot is significantly larger than most in Winnipeg but is slightly below the street average and notably smaller than the broad neighborhood average. This means you get a very private and sizable yard for the city, though some immediate neighbors may have even more land.

5. What is the overall market position of this home?
The data paints a picture of a home that offers exceptional outdoor space and a solid value foundation citywide. Its interior size is its most modest metric, making it a property where the land is a leading asset. It’s a home for those who value the potential of their outdoor space as much as, or more than, their indoor square footage.