Property Overview: 816 Wicklow Street, Crescent Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Crescent Park is defined by its generous, mature lot and its position as an established, classic property in the neighbourhood. Built in 1953, it is notably older than many city-wide comparables but aligns with the classic character of Wicklow Street itself. The home features a renovated basement and a detached garage.
Its primary appeal lies in its land. The lot size of nearly 5,900 sq ft is above average for the city and provides significant outdoor space and potential in a central location. While the living area is modest at 1,075 sq ft, the renovated basement offers additional functional space. The assessed value is consistent with area averages, suggesting a stable, grounded investment.
This property would suit a practical buyer who values space and location over a large interior footprint. It’s ideal for someone seeking a manageable single-level layout with room to garden, entertain outdoors, or potentially expand in the future. It also represents a solid entry point into the established Crescent Park area without a premium price tag, appealing to first-time buyers or downsizers looking for a low-maintenance structure on a desirable piece of land.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others in the area?
The land area is a key feature. At 5,896 sq ft, it is larger than over half the lots on Wicklow Street and ranks above the city-wide average, offering more private outdoor space than many comparable properties.
2. The home was built in 1953. What should I consider?
While the home is older than the Winnipeg average, it is typical for this specific street and neighbourhood. This suggests a well-established community character. A thorough inspection is recommended to understand the condition of major aging components, balanced against the value of the mature lot.
3. Is the living space sufficient for a family?
With 1,075 sq ft above grade, the main floor living area is compact. However, the presence of a renovated basement significantly increases the usable square footage, offering flexibility for family, recreational, or storage needs.
4. What does the assessed value tell me about the price?
The assessed value is around the average for both the street and the broader Crescent Park neighbourhood. This indicates the property is priced in line with its immediate peers, providing a benchmark for market value rather than signalling an under- or over-valued outlier.
5. The home last sold in 2016. Is that a concern?
An 8-year ownership period indicates stability, not an immediate red flag. It suggests the sellers have had a sustained commitment to the property. Market conditions and prices have naturally evolved since 2016, so current value will be determined by today’s market and the home’s present condition.