Property Overview: 88 Valewood Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Inkster Gardens is a practical and straightforward property. Built in 1984, it is notably newer than most homes on its street and in the wider city, which can be an advantage for systems and upkeep. With 1,068 sqft of living space and a renovated basement, it offers functional space for a small family, a couple, or a first-time buyer.
Its primary appeal lies in its balance and lot size. The property sits on a 5,653 sqft lot, which is larger than many in the immediate area, offering valuable outdoor space and potential. The assessed value is consistent with the local market, positioning it as an affordable entry into homeownership without the premium of a newer suburb. The detached garage adds utility.
This home would best suit value-conscious buyers looking for a manageable, single-level layout in an established neighborhood. It’s a sensible choice for those who prioritize a larger yard over a larger house and appreciate a home that is relatively newer within its community context. The renovated basement adds ready-to-use living space, appealing to those wanting to avoid immediate major projects.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,068 sqft, the living area is slightly below the average for the Inkster Gardens area but is very close to the Winnipeg citywide average. It represents a moderately sized, efficient footprint.
2. What is the significance of the 1984 build year?
This is a key feature. The home is one of the newest on Valewood Crescent, meaning it likely benefits from more modern construction standards and materials compared to its immediate neighbors, potentially reducing near-term maintenance needs.
3. Is the assessed value a good indicator of the selling price?
The assessed value ($38,800) is for municipal tax purposes. Recent sold price data (2022) for this property showed a range slightly above this assessment. Market conditions, the home’s condition, and the desirable lot size will influence the final sale price.
4. What are the advantages of the lot size?
The lot of 5,653 sqft is above average for both the street and the Inkster Gardens area. This provides more private outdoor space than many comparable properties, which is a valued asset for gardening, recreation, or future expansion.
5. Who would benefit most from the renovated basement?
The renovated basement immediately adds usable square footage without the need for investment or labor. This is particularly appealing to buyers needing a flexible space for a family room, home office, or guest area from day one.