Property Overview
This 2024-built, one-storey home at 986 Crescent Drive in Winnipeg's Crescent Park neighborhood offers a modern, low-maintenance lifestyle on a standard-sized city lot. Its key appeal lies in being a truly contemporary property in an area dominated by much older homes, providing move-in readiness with a renovated basement and attached garage. The home suits first-time buyers seeking a new build without a suburban commute, downsizers looking for single-level living in an established area, or investors attracted by the premium for new construction in a mature neighborhood.
A thoughtful perspective is that while the living space is average for the city, its "elite" ranking for year built suggests it may offer superior energy efficiency and modern building standards compared to neighbors. The above-average assessed value indicates the market recognizes this premium. It’s a home for someone who values modern infrastructure and design over the character or larger lot sizes of older properties in the same area.
Frequently Asked Questions
Is this a brand-new home?
Yes, it was built in 2024 and sold for the first time in September of that year. It is essentially a new construction home with the benefits of modern codes, materials, and systems.
How does the lot size compare to others?
The land area of 5,394 sq ft is around the city-wide average but is slightly below average for the larger lots typically found in the Crescent Park neighborhood itself.
What does the "elite" ranking for year built mean?
This statistic highlights that this home is a significant outlier in its age. On its street and in the wider neighborhood, where most homes were built in the 1950s, this property is the newest or among the very newest, placing it in the top 1-2%.
Why is the assessed value above average if the size is average?
The assessed value reflects the premium for a new home. While its square footage is typical, its modern construction, updated features (like the renovated basement), and lack of deferred maintenance command a higher value compared to older, similarly sized homes.
What is the home’s layout?
It is a "One Storey" or bungalow-style home with 1,211 sq ft of living area above grade, plus additional finished space in the renovated basement. This makes it suitable for accessible, single-level living.