Property Overview: 204 Larchdale Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Larchdale Crescent in the Kildonan Drive area presents a practical and grounded opportunity. Built in 1959, it features 1,177 sqft of living space and a renovated basement, sitting on a 5,938 sqft lot. The home's metrics are consistently "around average" when compared locally and citywide, indicating a stable, no-surprises profile in terms of size, assessed value, and lot dimensions. Its appeal lies in this very stability—it's a straightforward property in an established neighborhood. The renovated basement adds functional living space, a valuable update for a home of this era.
This property would suit first-time buyers or downsizers looking for an entry point into a mature area without the premium of a larger or newer home. It’s also a sensible fit for an investor or handy homeowner who values a manageable lot size and the foundational work (like the basement renovation) already completed, allowing them to avoid major overhauls. A thoughtful perspective is that its "average" rankings across the board suggest a price point likely aligned with market fundamentals, potentially offering a reprieve from the intense competition often seen for standout "top-tier" properties.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others on the street?
The lot of 5,938 sqft is below the street average for Larchdale Crescent, where many properties are larger. This means less yard maintenance but potentially less private outdoor space than some neighbors.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and whether it includes a separate entrance or legal suite potential.
3. The home was last sold in early 2017. Why is the exact price not listed?
For privacy and data accuracy reasons, the exact sale price is provided manually upon request. The public range shown (26.5k - 29.5k) gives a historical benchmark, but market conditions have likely shifted since that time.
4. Is the assessed value a reliable indicator of the listing price?
The assessed value (38.60k) is for municipal tax purposes and is typically lower than market value. It serves as a useful benchmark, showing the home is assessed similarly to many others in the city, but the sale price will be determined by current market conditions.
5. As a 1959 build, what should I be mindful of?
While the basement has been updated, a home from this era may still have original components like plumbing, electrical, windows, or the roof nearing the end of their service life. A thorough inspection is recommended to budget for any necessary updates.