Property Overview: 55 Bathgate Bay, Crescent Park, Winnipeg
Key Characteristics & Appeal
This is a classic, renovated one-storey bungalow on a quiet crescent in the established Crescent Park neighborhood. Built in 1954, it features a modest 979 sqft of living space and a renovated basement, sitting on a standard 5,830 sqft lot with a detached garage. Its appeal lies in its grounded practicality and location. The home is not the largest on its street or in the area, but its assessed value is firmly average for its surroundings, suggesting it is priced appropriately within a stable, mature community. The recent basement renovation adds modern livability to the classic bungalow layout.
This property would suit first-time homebuyers or downsizers seeking a manageable, single-level home in a quiet residential setting without a premium price tag. It’s a pragmatic choice for someone who values a renovated interior and a established neighborhood over square footage, and who appreciates the potential of a detached garage and a good-sized lot for its price point. A thoughtful perspective is that while the home ranks below average in size locally, its value and lot size are competitive city-wide, offering a balance of neighborhood character and overall value that can be harder to find in newer subdivisions.
Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 979 sqft, the living area is below the average for both Bathgate Bay and the wider Crescent Park area. This indicates a more compact, efficient floor plan compared to many neighbors.
2. Is the assessed value typical for this street and neighborhood?
Yes. The assessed value is around the average for the immediate street and slightly below average for the Crescent Park area, suggesting the property is valued in line with local market norms.
3. What does the "above average" ranking for the year built mean?
On Bathgate Bay, this home (built in 1954) is older than most, ranking in the top 17%. This isn’t about condition, but indicates it is one of the original houses on a street that may have seen infill or newer construction over time.
4. What is the potential based on the lot size?
The lot is below average in size for the neighborhood but is very close to the city-wide average. It offers standard suburban outdoor space and, with a detached garage, presents the typical potential for gardening, landscaping, or future outdoor amenities.
5. How recent was the renovation, and what did it include?
The provided details confirm the basement has been renovated, but the specific scope and date are not listed. This would be a key point to clarify with the listing agent to understand the home’s current condition and any remaining update needs.