Property Overview: 1044 Crestview Park Drive, Winnipeg
Key Characteristics & Appeal
This 1,599 sqft bungalow, built in 1968 on a spacious 6,832 sqft lot in Crestview, presents a compelling opportunity based on its strong positional metrics. The home’s primary appeal lies in its above-average scale relative to its immediate surroundings. Its living area ranks in the top 10% on its own street and an elite top 2% within the broader Crestview area, indicating it offers more interior space than most comparable local homes. The lot size is also consistently above average across all comparison levels, providing valuable outdoor space and potential.
With an assessed value of $393,000, the property sits above average for its neighborhood and street, yet aligns closely with the city-wide average, suggesting a valuation that reflects its desirable lot and living space without a significant premium for location alone. This creates a value proposition for buyers seeking a well-sized home and yard in a mature, established area.
This property would best suit practical buyers who prioritize space—both inside and out—over a newer build. It’s ideal for someone comfortable with a home from the late 1960s, possibly looking for a property with renovation potential or one that simply offers more room for the money compared to newer subdivisions. It appeals to those who value established communities with larger lot sizes and see the underlying land and spacious layout as key assets.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $393,000 is for municipal tax purposes and serves as a useful benchmark. It indicates the home is valued above average for Crestview. The final selling price will be determined by market conditions, the home’s specific condition, and recent comparable sales, which can be requested manually (see details below).
2. What does the "elite" ranking for living area in Crestview actually mean?
It means this home’s interior square footage is larger than 98% of the 2,463 comparable properties in the Crestview area. Simply put, you are getting significantly more house than is typical for this specific neighborhood.
3. Are there any known issues with homes built in this era?
As a home built in 1968, prospective buyers should budget for potential updates to major systems like plumbing, electrical, roofing, and windows. A thorough home inspection is essential to understand the condition and any needed repairs or modernizations.
4. What is the benefit of such a large lot (6,832 sqft)?
Beyond generous private outdoor space, a larger lot in an established area like Crestview offers long-term value, greater privacy, room for additions like a garage or deck, and is a feature that is increasingly rare in newer developments.
5. How can I get verified sales history for this property?
Due to industry regulations, exact sold price history is not displayed automatically. You can request the full transaction history and exact figures by email via the "Request exact figures by email" button on the listing page. The service is manual but provided without obligation or spam.