Property Overview: 941 Crescent Drive, Crescent Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in the established Crescent Park neighborhood presents a practical and comfortable living proposition. Its key characteristics include a renovated basement, a detached garage, and a manageable 1,092 sqft layout on a 5,444 sqft lot. Built in 1953, the home is typical for its street and area in both age and size.
The appeal lies in its grounded, no-fuss profile within a mature community. The renovated basement adds valuable finished space and modern utility without the premium of a fully rebuilt home. Its assessed value positions it as a more accessible entry point into the neighborhood compared to many area homes, suggesting potential for buyers mindful of both location and value. This property would suit first-time buyers seeking a move-in-ready starter home with some updates, downsizers looking for a manageable single-level layout, or pragmatic investors attracted to a stable area with a realistic price point. It’s a home for those who prioritize function and location over grandeur, offering a solid foundation in a well-rooted part of the city.
Section 2: Frequently Asked Questions
1. How does this home compare to others in Crescent Park?
The data shows this home is below the neighborhood average for both living area and lot size, and its assessed value is also below the area average. This indicates it’s a more modestly sized and valued property within Crescent Park, which can mean a more affordable entry into the neighborhood.
2. What does the "renovated basement" typically imply?
While specifics would require a viewing or disclosure, in a 1953 home this usually means key areas like the basement living space, flooring, and possibly mechanicals have been updated for modern use and comfort. It’s a significant functional upgrade over an original, unfinished basement.
3. Is the lot size a constraint?
At just over 5,400 sqft, the lot is smaller than many in Crescent Park but is close to the city-wide average. It provides ample yard space for gardening or recreation without the high maintenance of a much larger plot, which can be a benefit for many.
4. The home last sold in 2016. What should I consider?
A sale eight years ago suggests the current owners have undertaken the basement renovation and maintained the property during their tenure. It’s a positive indicator of stability and care, but a thorough inspection is always recommended to understand the home’s current condition.
5. Who might this property not suit?
Buyers seeking a large, expansive lot or a home significantly above average in size for the area may find this property too compact. Those prioritizing a brand-new build or a home with top-tier finishes throughout may also prefer a different option, as the value here is in its practicality and established location.