Property Overview
This single-storey home at 51 Cassin Crescent in Winnipeg's Island Lakes neighbourhood presents a solid, well-sized family home built in 1989. Its key appeal lies in offering above-average living space for the city within a mature, established community. The 1,656 sqft home sits on a standard 5,916 sqft lot and features an attached garage and a basement (not renovated). Its assessed value is notably above the Winnipeg average but sits below average for its own street, suggesting it may represent relative value within this specific location.
The home would best suit buyers looking for a move-in ready, spacious bungalow in a quiet crescent, ideal for families or those seeking single-level living. Its metrics indicate it's not the largest or newest on the block, but it offers a comfortable footprint that outperforms most of the city's housing stock for size and age. A buyer here is likely prioritizing functional space and a stable neighbourhood over a premium, top-tier lot position or a recently built property.
Frequently Asked Questions
1. How does this home's value compare to its neighbours?
The assessed value is below the average for Cassin Crescent itself, though it is around average for the wider Island Lakes area. This could indicate a potential value opportunity on this specific street, or reflect differences in lot specifics or updates.
2. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is likely an unfinished space awaiting customization. This offers a blank canvas for future expansion but does not add immediate livable square footage.
3. What does the "above average citywide" ranking for size and age mean?
While the home is around average for its immediate area, its living space is larger than about 77% of Winnipeg homes, and it is newer than about 77% of city properties. This highlights the appeal of Island Lakes as a neighbourhood of relatively newer, more spacious homes compared to the city's overall housing mix.
4. How recent are the comparable sales data?
The most recent specific sold price shown for this property is from January 2020. For current market context, it's essential to view recent sales of similar homes on the same street and in Island Lakes, which are listed in the nearby properties section.
5. What are the possible drawbacks of a home built in 1989?
While newer than the city median, a 37-year-old home will likely have had several key components (like roof, windows, furnace, and major appliances) replaced or nearing the end of their service life. A thorough inspection is advised to understand the condition and timing of these updates.