Property Overview: 18 Braintree Crescent, Winnipeg
Key Characteristics & Appeal
This one-storey home in Jameswood presents a practical opportunity, particularly for a specific type of buyer. Its key characteristic is its relative modernity; built in 2002, it is one of the newest homes on its street and in the wider Jameswood area, where most houses are decades older. This suggests potentially fewer immediate concerns with major aging components like roofing or foundation compared to neighborhood peers.
The appeal lies in its balance. The living space (1,008 sq ft) is compact but efficient, situated on a decent-sized lot (nearly 6,000 sq ft) that offers above-average outdoor space for the Jameswood area. The detached garage adds flexibility. Notably, its assessed value ranks above average for Jameswood, indicating it is viewed favorably within its immediate market context.
This property would suit a first-time homebuyer, a downsizer, or an investor looking for a low-maintenance, modern-built home in a well-established neighborhood. It’s for those who prioritize a newer build and land size over expansive interior square footage. A thoughtful perspective is that while the home itself isn't large, its newer construction on a good lot provides a solid foundation for future expansion or landscaping projects, offering value that isn't immediately apparent from the floorplan alone.
Frequently Asked Questions
1. Is the basement finished?
No. The listing specifies the basement exists but is "not renovated." This is blank canvas space for storage or future development.
2. How does this home compare to others in the area?
It's a study in contrasts. While its living area is below average for the street and city, it is significantly newer than almost all surrounding homes. Its assessed value and land size, however, are strong for the Jameswood area specifically.
3. What was the last sale price?
Public data shows it sold in May 2022 for an estimated range of $395,000 to $425,000. The exact sale price is available upon direct request from the listing source.
4. What are the potential drawbacks?
The main consideration is size. The living area is modest, ranking in the bottom 4% on its own street. Buyers needing significant interior space may find it limiting. The basement is unfinished, adding cost for anyone wanting additional livable space.
5. What is the likely appeal for an investor?
The combination of a newer build (minimizing urgent repair costs) and an above-average assessed value for the neighborhood suggests a stable, rentable property. The detached garage and good lot size are also attractive features for potential tenants.