Property Summary: 82 Fletcher Crescent, Crescent Park, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-situated, one-storey home in the established Crescent Park neighbourhood. Its key features include a renovated basement and a detached garage on a 5,829 sqft lot. Built in 1953, the home offers 1,090 sqft of living space.
The primary appeal lies in its location and value proposition within a desirable area. The lot size, while below average for Crescent Park, is still generous and offers potential for outdoor enjoyment or future expansion. The renovated basement adds valuable finished space. The home’s assessed value is notably lower than many neighbours, which can present an attractive entry point into the neighbourhood, especially for a buyer willing to put personal touches into the main living areas over time.
This property would suit first-time buyers or downsizers seeking a single-level layout in a mature, central neighbourhood without a premium price tag. It’s also a practical choice for value-focused investors or homeowners who prioritize land size and location over a move-in-ready, modern interior, seeing the below-average assessment as room for equity growth.
Section 2: Frequently Asked Questions
1. Is the lot size a disadvantage?
While the land area is below the neighbourhood average, it remains a good-sized city lot. For many buyers, it offers ample yard space without the maintenance burden of a much larger plot, striking a practical balance.
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, ceiling height, permits, and whether it includes a bathroom or secondary living space to fully understand its value.
3. How does the assessed value impact property taxes?
A lower assessed value relative to the area can result in comparatively lower property taxes. However, the final sale price will trigger a reassessment, so taxes will likely adjust accordingly in the following year.
4. Who might find the 1953 build date a concern?
The home is of an age where essential systems (like plumbing, electrical, roof) may be at or beyond their typical lifespan. A thorough inspection is crucial, but the era also often means solid construction and character not found in newer builds.
5. How does the living area compare for a one-storey home?
At 1,090 sqft, the main-floor living space is compact. The renovated basement effectively doubles the usable area, making the home feel larger than the main floor square footage suggests, ideal for those who utilize multi-level living.