Property Overview: 956 Nesbitt Bay, Crescent Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Crescent Park offers a practical layout with 1,524 sqft of living space, comfortably above the city average. Its standout feature is an 8,165 sqft lot, which is notably larger than most in both the neighborhood and Winnipeg overall, providing excellent outdoor potential. The home, built in 1962, benefits from a renovated basement, adding functional living space. It does not have a garage or pool.
The appeal lies in its space and established location. The generous lot is a rare asset for gardening, recreation, or future expansion. The home's assessed value ranks above average for Crescent Park, suggesting it is viewed favorably within a desirable area. It suits buyers looking for a solid, single-level home in a mature neighborhood who prioritize land size over modern luxuries. It would particularly fit a downsizer seeking manageable indoor space with ample outdoor privacy, or a family valuing a large yard in a central community.
Section 2: Frequently Asked Questions
1. How does the property compare to others in the immediate area?
The home is consistently "around average" for Nesbitt Bay street in terms of living area, value, and age. Its key advantage on the street is the larger-than-average lot size.
2. What does the "above average" ranking for Crescent Park mean?
Within the broader Crescent Park neighborhood, this home ranks in the top 20-30% for assessed value and land area, indicating it is considered a stronger-than-average property for this specific community.
3. Has the property value increased?
Based on the provided sales history, the home sold for $34,800 in 2016 and $37,800 in 2019. Its current assessed value is $47,100, which reflects the broader market trend and its standing in the area.
4. What should I consider about a home from 1962?
While the basement has been renovated, the main structure and core systems (like plumbing, electrical, and the roof) are over 60 years old. A thorough inspection is essential to understand the condition and any needed updates.
5. Is the lack of a garage a significant drawback?
This depends on your lifestyle. The large lot does offer space for potential garage or shed construction (subject to permits). For many in established neighborhoods, on-street parking or a driveway is the norm, but it is a factor for those who require sheltered vehicle storage.