Property Summary: 3 Dickson Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 3 Dickson Crescent in Maybank is a compact, 888 sqft bungalow built in 1954, situated on a modest 1,887 sqft lot. Its primary appeal lies in its affordability and position within a stable, established neighbourhood. The assessed value is notably low, ranking at the very bottom of its immediate street and below average for the wider area, which translates to correspondingly low property taxes—a significant, ongoing financial advantage.
The home would best suit first-time buyers, downsizers, or investors seeking an entry point into the Winnipeg market with minimal tax overhead. Its smaller size and vintage suggest a project-ready property, ideal for someone looking to add value through renovations tailored to their own tastes. A less obvious perspective is its appeal to a buyer who values community consistency; as the oldest home on its street, it sits in a mature setting where the neighbourhood character is well-established. However, the below-average lot size means outdoor space is limited, making it less suitable for those wanting extensive gardens or privacy.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is based on the property's specific attributes—its smaller living area, modest lot size, and age—compared to others. This results in a lower valuation for tax purposes, which is a key financial benefit for the owner.
2. What does the sold price history indicate?
The home sold in the $200k-$250k range in 2021 and the $150k-$200k range in 2020. This recent activity shows it is a marketable property, but for an exact sale price, you need to request the data directly via the provided email service.
3. Is the house smaller than others nearby?
Yes. At 888 sqft, the living area is below the average for both Maybank and Winnipeg overall. This makes it a more manageable, efficient space but may require creative solutions for storage or living arrangements.
4. How does the lot size impact the property?
The lot is smaller than most in the city and the Maybank area. This means lower maintenance but also less potential for expansions like large additions, decks, or detached garages, subject to zoning rules.
5. The home is the oldest on the street. Is that a concern?
Being built in 1954 means potential for older systems (like plumbing or electrical) that may need updating. Conversely, it often also means the home has settled into its lot and the street's mature landscaping provides an established feel you don't get in newer subdivisions. A thorough inspection is advised.