Property Overview & Key Characteristics
107 Capulet Crescent is a 1974-built, 3-level split home in Winnipeg's Buchanan neighbourhood. Its key appeal lies in its balance of established community charm and practical updates, notably a renovated basement. The home sits on a 4,998 sqft lot, which is modest for the immediate street but offers manageable outdoor space. With 1,076 sqft of living area, it provides functional space for a smaller household.
This property would suit first-time buyers or downsizers seeking an entry point into a settled neighbourhood without the upkeep of a large yard. Its renovated basement adds immediate functional living space or potential for a rental suite (subject to zoning verification), appealing to those looking for value-added features. A thoughtful perspective is that while the home's metrics are generally "around average" for the city, it stands out on its own street as being newer and with above-average living area, suggesting it may be one of the more updated and efficiently designed homes on the block.
Frequently Asked Questions
1. How does the lot size compare to others?
The land area of 4,998 sqft is below average for both the street and the Buchanan neighbourhood, but is close to the Winnipeg citywide average. This indicates a more manageable yard for maintenance.
2. Is the home older or newer for the area?
Built in 1974, this home is actually above average in age for its immediate street and the broader Buchanan area, meaning it is one of the newer homes among its direct peers.
3. What does the "around average" assessed value indicate?
The assessed value is typical for the street, neighbourhood, and city. This suggests the property is priced consistently with the market, without the premium of a highly unique lot or the discount of a major deficiency.
4. What is the significance of the renovated basement?
The renovated basement is a key feature, adding immediate finished living space without the need for a major project. It's important to verify the quality of the renovation and whether any permits were obtained.
5. Who might this home not suit?
Buyers needing extensive square footage, a very large private yard, or a brand-new build may want to look elsewhere. This home is best for those who prioritize location, a manageable property size, and move-in readiness with some updates.