Property Overview & Key Characteristics
This one-storey home at 1 Crocus Street in Winnipeg's Garden City neighbourhood presents a practical and grounded opportunity. Its key appeal lies in a well-balanced profile: the living space is average for the area at 1,184 sqft, housed in a typical 1956 build, but it sits on a notably generous 6,605 sqft lot that ranks well above average for both the street and the wider community. The home features an attached garage and a renovated basement, adding functional living space. Recent sold price data suggests a history of stable, modest value in line with area benchmarks.
The property would suit a first-time homebuyer or a downsizer looking for a manageable single-level layout in an established neighbourhood. The large lot is a significant asset, offering ample outdoor space for gardening, recreation, or future expansion—a relative rarity that adds long-term flexibility. It’s a home for those who value practical interior space combined with the potential of the land it sits on, rather than high-end finishes or a brand-new build.
Frequently Asked Questions
1. How does the lot size compare to others?
The 6,605 sqft lot is a standout feature. It ranks in the top 20% for size within the Garden City area, meaning it is substantially larger than many neighbouring properties, offering more privacy and yard space.
2. What is the significance of the "renovated basement"?
While the listing confirms the basement is renovated, specifics on the quality, layout, and permits should be verified by a buyer's inspection. It adds valuable finished space to the home's total usable area.
3. Is the assessed value the same as the market value?
No. The listed assessed value is for municipal tax purposes. The market value, or what a buyer might pay, is determined by current market conditions and is best estimated by comparing recent sale prices of similar homes, which the listing provides a range for.
4. The home was built in 1956. What should I be aware of?
As with any home of this age, the condition of major systems (like plumbing, electrical, and the foundation) and updates made over the years are key. A thorough home inspection is essential to understand any needed maintenance or updates.
5. How can I find out the exact historical sale price?
The exact sold prices are not publicly displayed in detail here. As noted, you can request the precise sale history by emailing the listing service, which provides the data manually without marketing spam.