Property Overview
This 1971 one-storey home at 177 Corbett Drive in Winnipeg's Crestview neighbourhood presents a practical and spacious offering. Its key appeal lies in its above-average proportions and recent updates within a well-established area. The home features 1,262 sqft of living space, which is notably larger than most immediate neighbours and area comparables. A recently renovated basement adds functional living space. The lot is a significant asset at 5,861 sqft, providing ample outdoor space that ranks among the largest on the street. A detached garage completes the package.
The property is well-suited for buyers seeking a move-in ready home with room to grow, without the maintenance of a larger two-storey. It’s an ideal fit for small families, downsizers looking for single-level living with a generous yard, or investors attracted by the modernized basement suite potential. Its assessed value sits above average for both the street and Crestview, suggesting a solid, recognized investment in the local market. A thoughtful perspective is that while the home's size is ample, its one-storey design on a large lot may offer future expansion possibilities, subject to local regulations.
Frequently Asked Questions
How does the home’s size compare to others in the area?
The living area is 1,262 sqft, which places it in the top 20% of homes on Corbett Drive and in the Crestview neighbourhood, meaning it is significantly more spacious than most comparable properties nearby.
What is the significance of the lot size?
At 5,861 sqft, the lot is larger than approximately 89% of other properties on the same street. This provides considerable outdoor space for gardening, recreation, or future projects, which is a premium feature in established neighbourhoods.
Has the property been updated recently?
Yes, the basement has been renovated. This adds immediate value and functional living space without the need for initial projects.
Is the assessed value a good indicator of the likely sale price?
The assessed value is a municipal valuation for tax purposes and is not a direct market price. However, the fact that it ranks above average for both the street and neighbourhood indicates the property is officially valued higher than many peers, often a positive signal for market value.
What are the implications of a detached garage?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or extra storage without impacting the main home's layout. It may also be easier to modify or replace independently in the future if desired.