Property Overview
This well-situated 1973 bungalow at 11 Capulet Crescent in Winnipeg’s Buchanan neighbourhood offers a practical and low-maintenance living proposition. Its key appeal lies in a combination of a generous, mature lot and recent interior updates. The home sits on a nearly 5,000 sqft lot, which is larger than most on its street and in the wider area, providing valuable outdoor space and potential. Inside, the 935 sqft living area is supported by a renovated basement, adding functional space. As a one-storey home with a detached garage, it presents a classic, straightforward layout.
The property would suit first-time buyers looking for a solid starter home with a manageable footprint, or downsizers seeking single-level living without sacrificing yard size. Its assessed value is positioned in the middle range for the area, suggesting a competitive entry point into a stable neighbourhood. A thoughtful perspective is that while the home itself is modest in size compared to some newer builds, the lot size is a significant and appreciating asset that newer subdivisions often lack. The renovated basement also effectively expands the usable living area beyond the main floor square footage.
Frequently Asked Questions
1. How does the lot size compare to newer homes?
At just under 5,000 sqft, this lot is notably larger than many found in modern suburban developments, offering more privacy, gardening space, and room for additions or a shed.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent, as it could range from updated living space to a modernized utility and storage area.
3. Is the neighbourhood family-friendly?
Buchanan is an established, mature neighbourhood. The property rankings show it falls in the top 21% of the area for lot size, indicating a streetscape with spacious homes, which often appeals to families.
4. How does the assessed value relate to the likely selling price?
The assessed value of $32,900 is for municipal tax purposes. The selling price is market-driven and will be influenced by the home’s condition, recent renovations, and current buyer demand. It serves as a baseline, not a sale price.
5. What are the implications of a detached garage?
A detached garage offers flexibility—it could be used as a workshop without concern for fumes or noise in the house. However, it means a walk to your vehicle in winter weather, which is a practical consideration in Winnipeg.