965 Crane Avenue

Property Overview: 965 Crane Avenue, Crescent Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Crescent Park is a practical and straightforward property built in 1953. Its key appeal lies in its value proposition and manageable scale. With 1,004 sqft of living space and a renovated basement, it offers essential, updated living areas without the premium price of a larger home. The lot, at 5,420 sqft, is notably spacious for the immediate street and provides ample outdoor potential.

The home’s assessed value is modest relative to the wider city, positioning it as an accessible entry point into the Winnipeg market. Its recent sale history suggests a stable value trajectory. This property would suit first-time buyers seeking a solid starter home with a good yard, or downsizers looking for a single-level layout with lower maintenance. It’s a home for those who prioritize function, outdoor space, and financial practicality over modern size expectations or high-end finishes. A less obvious perspective is that its smaller interior footprint, combined with the larger lot, subtly encourages a lifestyle oriented toward outdoor living and gardening, rather than expansive indoor entertaining.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others in the area?
At 1,004 sqft, the living area is below the average for both Crescent Park and the immediate street. This indicates a more compact and efficient layout compared to many neighbours, which is often reflected in a more accessible price point.

2. What is the significance of the lot size?
The land area of 5,420 sqft is a standout feature. It is larger than the city average and particularly generous for this street, offering more private outdoor space than most direct neighbours—a valuable asset for families, gardeners, or future expansion.

3. Is the assessed value typical for Winnipeg?
The assessed value is around the median mark citywide, but is below average for the Crescent Park neighbourhood. This suggests you are acquiring a property in a established area at a value-oriented level, with taxes likely reflecting that lower assessment.

4. What does the "renovated basement" typically imply?
While specific details should be verified, this generally indicates the below-ground space has been modernized for functional use, such as additional living, laundry, or storage space. It adds usable square footage beyond the main floor.

5. Who might this property not suit?
Buyers seeking a large, open-concept modern home or those who prioritize a multi-car attached garage may find the layout and amenities too basic. Its appeal is strongest for those comfortable with a classic, modestly-sized floor plan and who see potential in the generous lot.