Property Overview: 822 Kebir Place, Crescent Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Crescent Park presents a practical and comfortable living proposition. Its key features include a renovated basement and an attached garage, sitting on a 6,014 sqft lot. Built in 1957, the home is older than many in the immediate neighbourhood but aligns with the citywide average. With 1,295 sqft of living space, it offers a manageable footprint for everyday living.
The appeal here is one of balance and location. The property doesn't lead in sheer size or newness, but it holds a solid, middle-of-the-road position in its community for value and land area. This suggests a stable, established setting without premium pricing. The renovated basement is a clear functional advantage, adding flexible space. The lot size, while below average for Kebir Place itself, is still generous compared to many city lots, offering good outdoor potential.
This home would suit first-time buyers or downsizers seeking a single-level layout in a mature neighbourhood. It’s ideal for someone who values a renovated, move-in-ready space over a brand-new build, and who appreciates a property that represents a fair, average market value rather than an extreme. It’s a home for pragmatic buyers looking for character and convenience in equal measure.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others?
While the lot is smaller than the average on Kebir Place itself, it is still larger than the typical Winnipeg lot. This means you get more outdoor space than many city homes, but within the street, your yard may be more intimate.
2. Is the age of the home a concern?
Built in 1957, the home is older than many in Crescent Park but is actually around the city's average. This age often comes with mature landscaping and established neighbourhood character. A thorough inspection is always recommended to understand the condition of major systems.
3. What does the "around average" assessed value indicate?
With an assessed value that ranks around average for the area and city, this property is not priced at a premium nor a steep discount. It suggests a market-value positioning, which can be appealing for buyers seeking a fair, stable investment without the volatility of a top-tier or undervalued listing.
4. What is the significance of the renovated basement?
A renovated basement immediately adds usable living space without the need for a future project. It can function as a family room, home office, or guest space, significantly enhancing the home's livable square footage and versatility.
5. How does the last sale price relate to the current assessment?
The home sold for $320k in 2016 and now carries a $430k assessment. This increase reflects broader market trends and the added value of renovations. It’s important to note that assessed value is for taxation purposes; the market sale price is determined by current buyer demand.