Property Overview: 38 Granada Crescent, Heritage Park, Winnipeg
Key Characteristics & Appeal
This 1970-built, one-storey home in Heritage Park offers a practical, grounded opportunity. With 1,262 sqft of living space and a renovated basement, it presents a solid, move-in-ready canvas. Its standout feature is the land: at nearly 8,000 sqft, the lot size is well above average for both the neighbourhood and the city, offering rare potential for expansion, gardening, or outdoor living in this established area. The detached garage adds practical storage or workshop space.
The home’s appeal lies in its balance and honesty. It’s not an outlier in size or assessed value within its immediate area, which suggests a comfortable fit in the community without premium pricing. The data indicates it’s a typical home for the street, but on a larger-than-typical parcel of land. This combination suits buyers looking for a straightforward, single-level layout in a mature neighbourhood, with the valuable option to enhance or extend the home in the future thanks to the generous lot. It would particularly suit first-time buyers, downsizers seeking a manageable property without sacrificing yard space, or long-term investors who value the underlying land asset.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The 7,917 sqft lot is a key advantage. It ranks in the top 14% in Heritage Park, meaning it’s significantly larger than most in the neighbourhood, which average about 6,290 sqft.
2. Is the home recently updated?
The listing confirms the basement has been renovated. The condition of the main living area and major systems (roof, windows, HVAC) should be verified through a viewing and inspection.
3. What is the typical price range for this home?
Based on public data, it last sold in September 2023 for an estimated range of $335,000 to $365,000. The current assessed value is $352,000.
4. What does the "average" ranking for living space mean?
With 1,262 sqft, this home’s living area is very close to the average for Granada Crescent (~1,257 sqft) and the wider Heritage Park area (~1,319 sqft). It offers standard interior space for the community.
5. Why is the Year Built ranking so high on its street?
Built in 1970, it’s ranked as "Elite" for year built on Granada Crescent simply because it is the newest home among the 25 comparable properties listed on that specific street. The street likely consists mostly of homes built in the 1960s or earlier.