Property Overview: 101 Rowandale Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a spacious 6,044 sqft lot in Kildonan Drive presents a practical and value-conscious opportunity. Built in 1958, its key features include a renovated basement and a detached garage. With 1,040 sqft of living space, the home is notably compact for its immediate street and neighborhood, ranking in the top 90% (meaning it's smaller than 90% of comparable homes on Rowandale Crescent). This positions it well for buyers seeking lower utility costs and less maintenance without sacrificing yard space.
The appeal lies in its balance and potential. The lot size is above average city-wide, offering room for gardening, play, or expansion. Its assessed value is consistently around the median for the area, suggesting it's a typical, fairly priced entry for the neighborhood. A renovated basement adds immediate functional living space. This property would best suit first-time homebuyers, downsizers looking for a manageable footprint with a generous yard, or value-focused investors seeking a stable rental property in an established area. It’s a home that prioritizes lot over square footage, offering a blank canvas for future updates.
Section 2: Frequently Asked Questions
1. How does the home's size impact its value?
While the living area is compact for the street, this is reflected in the assessment and can make the home more accessible. The value is balanced by the larger-than-city-average lot and the renovated basement, which adds usable space.
2. What does the sold price history indicate?
The home last sold between $26.5k and $29.5k in late 2016. This historical data provides a benchmark, but current market conditions, the renovated basement, and the specific lot appeal will be the primary drivers of today's value.
3. Is the age of the home (1958) a concern?
The build date is typical for the area. A key consideration for a home of this age will be the condition and age of major systems (like roof, plumbing, and heating), which may have been updated over time. The renovation of the basement is a positive indicator of upkeep.
4. Who would this property not suit as well?
Buyers looking for a large, modern interior or multiple above-ground bedrooms may find the living space limiting. It's better suited for those comfortable with a cozy layout or who plan to use the basement as a primary living area.
5. How do the rankings (e.g., Top 90% for living area) work?
These rankings compare this home to specific groups of similar properties. For example, being in the "Top 90%" for living area on its street means approximately 90% of comparable homes on Rowandale Crescent are larger. It's a relative measure of how the home stacks up in different categories against relevant peers.