Property Overview: 636 South Drive, Crescent Park, Winnipeg
Key Characteristics & Appeal
This home is defined by its exceptional land and location. Situated on a 27,720 sqft lot, the property offers a rare level of space and privacy, ranking in the top 1% of lots citywide and within the elite Crescent Park neighbourhood. The house itself is a renovated one-storey bungalow built in 1987, offering modern convenience with over 2,500 sqft of living space—significantly above the city average. Its assessed value of $1.85M firmly places it among the area's most substantial properties.
The primary appeal lies in a unique combination: the tranquillity and potential of a massive, private lot with the prestige and established character of Crescent Park. It suits a specific buyer: someone seeking a premier address who values space over a multi-storey footprint. It’s ideal for those who prioritize outdoor privacy for gardens or recreation, or who may envision future expansions. The renovated basement and attached garage add practical living space. This isn't just a large house; it's a legacy-sized property in one of Winnipeg's most coveted neighbourhoods.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is exceptionally large. At 27,720 sqft, it is over four times the average Winnipeg lot size and ranks in the top 1% citywide. Even within the desirable Crescent Park area, it is in the top 1%, offering a rare degree of privacy and space.
2. Is the home’s living area proportionate to the lot size?
Not typically. While the 2,534 sqft bungalow is spacious and well above the city average, the land-to-building ratio is very high. This suggests a premium is placed on the land itself, offering potential for outdoor amenities or future additions, rather than a maximized interior footprint.
3. What does the assessed value indicate about the property?
An assessed value of $1.85M places this property in the top 1% in Winnipeg and the top 1% within Crescent Park. It reflects the combined premium for the elite location, the vast lot size, and the renovated living space. The last sale was in January 2019 for $1.6M.
4. Who would this property suit best?
It best suits buyers for whom land and location are the highest priorities. This could include families seeking extensive outdoor space, individuals planning for potential future building projects like a coach house or addition, or those looking for a premium, single-level living arrangement in a prestigious area.
5. The home was built in 1987. Is that a concern?
In this context, it’s an advantage. For its street and neighbourhood, a 1987 build is considered newer than average, ranking in the top 5% in Crescent Park. This suggests more modern construction standards and systems compared to many neighbouring heritage homes, likely with fewer legacy maintenance issues.