Property Overview: 3 Arthur Creak Drive, Heritage Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1976, presents a practical and comfortable living space in the established Heritage Park neighbourhood. With 1,468 sqft of living area and an attached garage, it offers a manageable footprint. A key feature is its renovated basement, adding valuable finished space. The lot size of 6,596 sqft is notably generous compared to the Winnipeg average, providing ample outdoor potential.
The home’s primary appeal lies in its solid positioning within a mature community. The data suggests it’s a stable, middle-of-the-road property for the area—not the largest or newest on its street, but well above average for the wider Heritage Park neighbourhood in terms of assessed value and living space. This indicates a well-regarded location within the community. It suits buyers looking for a move-in-ready, low-maintenance bungalow layout, possibly downsizers or first-time buyers who value a larger yard and the flexibility of renovated lower-level space over a brand-new build. A thoughtful perspective is that its “average” metrics on the immediate street could represent a value opportunity, offering the desirable neighbourhood amenities without paying a premium for the street’s largest properties.
Section 2: Frequently Asked Questions
1. How does this home compare to others in Heritage Park?
The home ranks above average within Heritage Park for both living area and assessed value, placing it in the top third of comparable homes. This suggests it is a competitively sized and valued property within this specific neighbourhood.
2. What is the significance of the assessed value?
The assessed value of $43.70k is a municipal valuation for tax purposes, not a market price. Its high ranking (Top 16%) in Heritage Park indicates the city assesses it more highly than most homes in the area, which often correlates with perceived market value and desirability within the neighbourhood.
3. Has the basement renovation been permitted?
This information is not provided in the public data. A prospective buyer should inquire with the seller or their agent to confirm that all renovations were completed with the necessary city permits and inspections.
4. What is the typical price range for homes on this street?
Based on limited recent sales data from comparable nearby homes, such as 51 Arthur Creak Drive, and historical data for this property from 2017, prices on the street have historically ranged in the mid-$300k to $400k+ range. The exact current market value would require a professional appraisal or comparative market analysis.
5. Is the lot size a pro or a con?
While the lot is below the average size for Arthur Creak Drive itself, it is larger than the average lot both citywide and in Heritage Park. This means you get more outdoor space than most Winnipeg homes, but potentially less than some immediate neighbours. It represents a balance between yard space and lower maintenance.