Property Overview: 55 Primrose Crescent, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, one-storey home built in 1957, offering a practical and straightforward living space. With 1,084 sqft of living area, it is notably compact compared to most homes on its street and in the Garden City area, but it holds its own against the Winnipeg city-wide average. Its key updated feature is a renovated basement, adding valuable finished space. The property sits on a 6,048 sqft lot, which is generous by city standards, offering ample outdoor potential.
The primary appeal lies in its efficiency and value. The home’s assessed value is strong for its immediate neighbourhood, suggesting it is in good condition relative to its peers. It represents a classic, no-frills Winnipeg property—manageable in size, with a sizable yard, and without the maintenance burdens of a pool or a detached garage. It last sold in March 2023.
This home would suit first-time buyers or downsizers looking for a solid, entry-level property in a established neighbourhood. It’s ideal for those who prioritize a larger lot over a large house, and who see potential in a renovated basement for extra living or hobby space. The modest square footage means lower utility costs and less upkeep, appealing to practical-minded owners.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,084 sqft, the living area is below the average for both Primrose Crescent and the broader Garden City area. However, it is much closer to the average for all of Winnipeg, making it a typically sized home for the city, just in a neighbourhood where many houses are larger.
2. What does the assessed value ranking tell me?
The assessment of $320,000 ranks in the top 10% on its street and top 15% in Garden City. This generally indicates the property is assessed more highly than most direct neighbours, often a sign of above-average condition, updates, or desirability for the location.
3. Is the 1957 build date a concern?
While older than many city-wide homes, it is actually newer than most on its own street. A home of this age is typical for the area. The renovated basement is a significant update, but a thorough inspection is always recommended to understand the condition of major systems like plumbing, electrical, and the foundation.
4. What are the implications of having no garage?
The lack of a garage means lower property taxes and no garage maintenance, but it requires alternative solutions for vehicle parking and storage. The large lot does offer potential for adding a garage or shed in the future, subject to local bylaws.
5. Can I find out the exact historical sale price?
The listed sale range is based on public data. The exact sale price from March 2023 is available by request from the listing source, who provides it manually via email without using your address for unsolicited marketing.