Property Summary: 33 Oriole Street, Crescent Park, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Crescent Park offers a practical and comfortable living space of 1,129 sqft, sitting on a generous 6,434 sqft lot. Its key appeal lies in its balance of a renovated basement, attached garage, and above-average land size for the city, providing room to breathe and potential for outdoor enjoyment. Built in 1956, the home is typical for its neighbourhood but stands out with an assessed value that ranks above average for its immediate street and wider area, suggesting a solid level of improvement or desirability within its market segment.
The property would suit first-time buyers or downsizers looking for a manageable single-level layout in a mature neighbourhood. Its recent sale in May 2024 provides a clear, current market benchmark. A thoughtful perspective is that while the living area is modest compared to city averages, the larger-than-typical lot for the home’s scale offers a valuable asset—space—that is increasingly scarce in urban settings, allowing for gardening, expansion, or simply more privacy.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,129 sqft, the living area is very close to the average for Oriole Street itself and slightly below the average for the broader Crescent Park area, positioning it as a comfortable, mid-sized option for the neighbourhood.
2. What does the "above average" assessed value indicate?
The assessed value ranks in the top 30% city-wide and top 12% on its own street. This generally suggests the property has been maintained or updated in a way that places its municipal valuation higher than many comparable homes, which can be a positive indicator of condition.
3. Is the lot size a significant feature?
Yes. The land area of over 6,400 sqft is above average both for the street and city-wide. This is a notable advantage, providing more yard space than many properties, which adds to its long-term value and livability.
4. What does the recent sale history tell us?
The home sold in May 2024 for $44,500. This very recent transaction provides a transparent and reliable data point for understanding its current market value, which is closely aligned with its assessed value.
5. Who would this property be best suited for?
It is an ideal fit for those seeking a single-level home with a renovated basement and an attached garage in a mature neighbourhood. The combination of manageable indoor space and a larger lot is particularly well-suited to first-time homeowners or empty-nesters looking for a balance of convenience and space without the upkeep of a larger house.