Property Overview
This one-storey home on a mature, spacious lot in Crescent Park offers a practical and value-conscious entry into a desirable Winnipeg neighbourhood. Its key appeal lies in the combination of a renovated basement, a detached garage, and a land area that is significantly larger than many city lots. Built in 1959, the house itself is newer than many in the immediate area, though its living space is modest. The property’s assessed value sits above average for both the neighbourhood and citywide, indicating a solid perceived worth. It would suit a first-time buyer, an investor, or a downsizer looking for a lower-maintenance, single-level layout with clear potential and room to grow on a generous lot, without the premium price of a fully updated or larger home.
Key Details & FAQs
- Key Characteristics: A 1,146 sqft one-storey home built in 1959, situated on a 5,490 sqft lot. It features a renovated basement and a detached garage. There is no pool.
- Primary Appeal: The appeal is grounded in space and potential. The lot size is a standout feature for the street, offering room for gardening, expansion, or outdoor living. The renovated basement adds immediate functional living space, and the newer build date (for the area) may suggest fewer major upkeep concerns.
- Ideal Buyer: This property is a strong match for practical buyers prioritizing lot size and location over a large interior. It fits first-time homeowners comfortable with a cosy main floor, downsizers seeking single-level living with a manageable yard, or value-focused investors attracted by the renovated basement suite potential and stable Crescent Park location.
Frequently Asked Questions
1. How does the lot size compare to others?
The 5,490 sqft lot is above average for the immediate street and significantly larger than the typical Winnipeg lot, offering more private outdoor space than many properties in its price range.
2. Is the house smaller than others in the area?
Yes, the living area is modest. At 1,146 sqft, it's below average for Manchester Boulevard N itself but aligns closely with the average for both Crescent Park and Winnipeg overall. The renovated basement effectively expands the usable living space.
3. What does the "above average" assessed value mean?
The assessed value is higher than most homes in Crescent Park and citywide. This generally reflects the municipality's view of its market value relative to others, often influenced by the desirable lot size, neighbourhood, and the renovated condition of the basement.
4. The home was last sold in 2017. Is that a concern?
Not inherently. A seven-year ownership period suggests stability and is not unusually long for a mature neighbourhood. It does indicate the sellers likely have substantial equity, which can sometimes allow for more flexibility in negotiations compared to a very recent, rapid flip.
5. Who might this property NOT suit?
Buyers needing extensive main-floor living space or a modern, open-concept layout may find the original floor plan limiting. Those seeking a move-in-ready home with fully updated kitchens and bathrooms throughout should budget for potential renovations, as the focus so far appears to be on the basement.