Property Overview: 145 Buxton Road, Crescent Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Crescent Park sits on a generous, above-average city lot of 6,506 sqft, offering ample outdoor space relative to many Winnipeg properties. Its key updated feature is a renovated basement, adding valuable finished living space to the home's footprint. The detached garage provides flexible storage or workshop potential. Built in 1952, the home is typical for its established neighbourhood.
The primary appeal lies in its location and land. The lot size is a significant asset for the area, presenting opportunities for gardening, expansion, or simply enjoying more private outdoor space. The renovated basement immediately adds functional living area without the need for a major project. It suits buyers looking for a solid, single-level home in a mature neighbourhood who prioritize lot size over a large interior footprint. It would particularly appeal to those who value the character of an older home but want some modernized elements, and who see the potential in a property where the land itself is a leading feature.
Section 2: Frequently Asked Questions
1. Is the living space sufficient for a family?
At 1,097 sqft of main living area, the home is cozy. However, the renovated basement effectively doubles the usable space, making it more practical for a small family or those who don't require large, open main-floor rooms.
2. How does the assessed value relate to the sale price?
The home last sold for $520k in 2021, which was well above average for the street and neighbourhood at that time. The current assessed value for tax purposes ($45.60k) is not a market valuation but indicates its assessed value is high relative to nearby homes, which may reflect the updates and lot size.
3. What does the lot size mean for me?
At 6,506 sqft, the lot is larger than the Winnipeg average. This means more yard, greater distance from neighbours, and potentially more options for future landscaping, adding a deck, or even an addition, subject to zoning.
4. Are older homes like this expensive to maintain?
While the basement renovation addresses a major area, a home from 1952 will likely have original elements (like plumbing, electrical, or windows) that may require attention or updating. A thorough inspection is recommended to budget for any modernizations.
5. What is the neighbourhood like?
Crescent Park is an established, quiet area with homes primarily from the mid-20th century. The property rankings show it's a neighbourhood where lot sizes and home values are generally above the citywide average, suggesting a stable, desirable location.