Property Summary: 75 Jonathan Crescent, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in Inkster Gardens, built in 1984. With 1,040 square feet of living space and a 4,000 sqft lot, its size is modest but efficient. A key feature is its recently renovated basement, adding functional living space. The home lacks a garage or pool.
Its primary appeal lies in being a straightforward, manageable property. The renovated basement is a significant value-add, offering flexibility for a family room, home office, or additional storage. The lot, while not large, provides adequate outdoor space for a garden or recreation without demanding extensive upkeep.
This home would suit first-time buyers or downsizers seeking an affordable entry into the Winnipeg market with immediate livability and no major pending projects. It’s also a practical option for an investor looking for a low-maintenance rental property, given its solid condition and recent updates. A less obvious perspective is its appeal to those who value predictability; its assessed value and living area are consistently "around average" for its immediate street and city-wide, suggesting it’s a stable, typical property without extreme valuations.
Frequently Asked Questions
1. How does this home compare in size to others in the area?
At 1,040 sqft, the living area is below the average for the broader Inkster Gardens neighborhood but is actually slightly above average for homes directly on Jonathan Crescent itself.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to request from the selling agent to understand the quality and functionality of the space.
3. Is the assessed value a reliable indicator of the selling price?
The home's assessed value is significantly lower than the city-wide average for sold prices, but it is consistent with values on its street and in parts of Inkster Gardens. Recent sold price data (from 2022) for this property is in the $35.5k-$38.5k range, which is closer to its assessment than to city-wide averages, highlighting important hyper-local market dynamics.
4. What are the implications of having no garage?
Buyers should plan for street parking and consider the cost of adding a shed or carport for storage and vehicle protection, especially during Winnipeg winters.
5. The home is noted as being "newer" than many on its street. Why is that important?
Built in 1984, it is among the newest homes on Jonathan Crescent. This can suggest potentially fewer issues with outdated major systems (like wiring or plumbing) compared to much older homes, though a full inspection is still essential.