Property Overview: 42 Sandra Bay, Crescent Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Crescent Park offers a practical blend of space and value. Its key characteristic is a generous, above-average living area (1,414 sq ft) for both the street and neighbourhood, providing more interior room than many comparable homes. This is complemented by a notably large lot (over 7,100 sq ft), placing it in the top tier city-wide for land area—a significant asset for privacy, gardening, or future expansion.
The home’s appeal lies in this balance. While the assessed value is modest relative to the immediate area, this suggests a potential value opportunity for buyers comfortable with a home from 1954. The basement has been renovated, adding functional living space. It suits first-time buyers or downsizers seeking a single-level layout with ample room indoors and out, without a premium price tag. A thoughtful perspective is that the larger lot and living space, paired with a lower assessment, could indicate a property where the land itself represents a substantial portion of the value, appealing to those with long-term vision.
Section 2: Frequently Asked Questions
1. Is the property fairly priced compared to the neighbourhood?
The home’s assessed value is below the average for both Sandra Bay and Crescent Park, while its living space and lot size are above average. This disconnect suggests the listing price may reflect factors not captured in the assessment, such as interior condition or updates, and should be evaluated through a viewing and market comparison.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, ceiling height, moisture control, and the nature of the renovated space (e.g., recreational room, suite, storage).
3. What are the implications of no garage?
The property has no garage. Buyers should consider the cost and feasibility of adding a parking structure, if desired, and assess on-street parking availability, especially during Winnipeg winters.
4. How does the 1954 build year affect the home?
Built in 1954, the home is older than many on its street. This typically means potential for original plumbing, electrical, or insulation that may need evaluation or updating, but also often comes with solid construction and mature landscaping.
5. The last sale was in 2017. Why sell now?
The property last sold in July 2017. While the reason for selling is specific to the owner, the nearly seven-year period is a typical timeframe for life changes like family growth, downsizing, or relocation. It does not inherently indicate a positive or negative issue with the property itself.