Property Overview: 199 Larchdale Crescent, Winnipeg
Key Characteristics & Appeal
This is a classic, one-storey home built in 1959, situated on a generous 6,704 sqft lot in the Kildonan Drive area. With 1,160 sqft of living space, a renovated basement, and a detached garage, it presents a practical and straightforward layout. The data reveals a home that is consistently "around average" for its immediate street and neighborhood in terms of size, assessed value, and land area, but it stands out for its above-average lot size when compared city-wide. Its appeal lies in its modesty and stability—it’s a home that doesn’t overpromise but offers solid fundamentals. The renovated basement adds functional living space, a valuable update in a home of this era.
This property would best suit first-time buyers, downsizers, or pragmatic investors looking for an entry into the Winnipeg market without the premium of a newer or larger home. It’s for someone who values a larger outdoor space (the lot is notably larger than the city average) over a sprawling interior floor plan. The consistent "average" metrics suggest a property that is unlikely to be overpriced relative to its surroundings, offering a sense of security against market volatility. A thoughtful perspective is that homes from this era, while requiring expected maintenance, often feature more generous lot proportions than contemporary builds, providing a canvas for gardening, expansion, or simply enjoying private outdoor space.
Frequently Asked Questions
1. Is the assessed value an accurate reflection of the likely market price?
The assessed value is a municipal figure for tax purposes. The most recent sold price data from June 2023 shows a range slightly above the assessed value, which is a common indicator. However, market conditions change, so this should be a starting point for your own research or appraisal.
2. What does the home’s ranking ("Top 54% for living area city-wide") actually mean?
It means this home’s living area is larger than 54% of comparable homes across Winnipeg. In simpler terms, it’s slightly above the city’s median size, so while not large, it is not unusually small either.
3. Given the age of the home, what major systems might need attention?
Built in 1959, a buyer should proactively investigate the age and condition of major components like the roof, foundation, plumbing, and electrical systems. The basement renovation is a positive, but it’s wise to check for proper permits and how it addressed any inherent moisture control.
4. How does the detached garage impact utility, especially in winter?
A detached garage offers flexibility but requires going outdoors to access your vehicle. For some, this is a minor inconvenience; for others, particularly in a Winnipeg winter, a detached garage is less desirable than an attached one. Consider your daily routine and climate preference.
5. Can I get the exact historical sold price for this home?
The public data shows a sold price range. The listing service notes that the exact sold price is available by direct request via email, which they provide manually without using your email for unsolicited marketing.