Property Overview: 23 Leisure Bay, Crestview, Winnipeg
Key Characteristics & Buyer Profile
This is a well-situated, one-storey home in Winnipeg's Crestview neighbourhood, built in 1967. Its primary appeal lies in its generous 7,153 sqft lot, which is notably larger than most in both Crestview and citywide, offering above-average outdoor space and potential. The 1,158 sqft living area is comfortably average for the area, and the home features a renovated basement and a detached garage.
The property presents a balanced, grounded opportunity. Its assessed value is modest relative to its street, which could indicate room for value growth or simply a more affordable entry point on a desirable block. It suits practical buyers looking for a established neighbourhood with space to breathe—perfect for gardeners, those wanting a large yard for pets or children, or someone valuing privacy and room for a future addition or shed. It’s a home for those who prioritize land size over a large interior footprint and are comfortable with the character and maintenance considerations of a home from the 1960s.
Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg homes?
The lot is a standout feature. At over 7,150 sqft, it is larger than approximately 84% of homes citywide and 90% of homes in Crestview, offering significant outdoor space.
2. Is the assessed value a good indicator of the likely sale price?
The home last sold for $33,300 in April 2023. Its current assessed value is very close to that sale price, suggesting the assessment is grounded in recent market activity. However, market conditions and property updates since then will ultimately determine value.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific scope, quality, and whether it includes a legal suite or additional bedrooms is not detailed. This would be a key point for buyer due diligence.
4. Who might this home not suit?
It may not suit those seeking a modern, open-concept layout without renovation work, or buyers who prefer a very low-maintenance yard. The detached garage, while a benefit, also means navigating outdoors in winter.
5. How does the home rank within its immediate area on Leisure Bay?
The home has an average living area and age for the street, but ranks in the top third for lot size (9th largest of 30) and in the lower third for assessed value (23rd of 30). This suggests it's a land-value proposition compared to its neighbours.