83 Larchdale Crescent

Property Overview: 83 Larchdale Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on a quiet crescent in Kildonan Drive is a practical and straightforward property. Built in 1958, it offers 1,052 sqft of living space, which is notably compact for the immediate area but aligns more closely with the Winnipeg city-wide average. Its key updated feature is a renovated basement, adding valuable finished space. The lot is a solid 6,563 sqft, which is above average city-wide, offering good outdoor potential. A detached garage provides additional storage or workshop space.

The appeal here lies in its manageability and location. It’s a home that doesn’t require extensive updating, with the basement renovation already addressed. It suits first-time buyers seeking an entry point into a established neighborhood without a massive footprint to maintain, or downsizers looking for a single-level layout and a manageable yard. The assessed value trends slightly above average for the Kildonan Drive area, suggesting it’s perceived as a solid asset within its local market. A thoughtful perspective is that while the home is smaller than its nearest neighbors, this can translate to lower utility costs and less upkeep, focusing investment on quality of living rather than quantity of space.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others nearby?
At 1,052 sqft, the living area is below the average for both Larchdale Crescent and the broader Kildonan Drive area. However, it is much closer to the Winnipeg city-wide average, indicating it’s a more typically sized home for the broader market.

2. What is the property’s value history?
Based on available data, the home sold in May 2020 in a range around $34.5k-$37.5k and again in September 2022 for approximately $43.5k-$46.5k. Its current assessed value is $40.5k.

3. Is the basement fully finished?
The listing specifies the basement is renovated, indicating it is a finished, livable space. Specifics on the renovation’s scope and quality should be verified via a viewing or disclosure.

4. Who would this property best suit?
Its single-storey layout, renovated basement, and manageable size make it ideal for first-time homeowners or downsizers. It may also appeal to investors or buyers looking for a lower-maintenance property in a stable neighborhood.

5. How does the lot size impact the property?
The 6,563 sqft lot is above the city-wide average, providing generous outdoor space for a home of this size. This is a significant asset, offering room for gardening, recreation, or future expansion like a deck or shed, which isn't always available with more compact urban lots.