Property Overview
46 Dickson Crescent is a well-maintained 1954 bungalow in Winnipeg's Maybank neighbourhood. With 888 sqft of living space, it sits on a modest 1,855 sqft lot. Recent sales data shows steady appreciation, with the home selling in the $250k-$300k range in 2024. Its assessed value is notably strong for its immediate street, ranking in the top 19% among nearby homes.
Key Characteristics & Appeal
This home’s primary appeal lies in its established, no-fuss character and its position as a solid, entry-level property in a mature neighbourhood. It suits first-time buyers, downsizers, or investors looking for a manageable, low-maintenance footprint without a major renovation project. The 1954 build date is the oldest on the street, which can signal a well-proven, classic construction but also suggests buyers should pay particular attention to the condition of major aging components like the roof, plumbing, and electrical systems.
A thoughtful perspective is its interesting value position: while the living area is below average for the city, its assessed value per square foot on its own street is comparatively high. This indicates the property is likely viewed as a premium offering on Dickson Crescent itself, possibly due to superior upkeep, layout, or positioning. The very small lot size means outdoor maintenance is minimal, a boon for some, but it also offers little room for expansion or extensive gardening.
Frequently Asked Questions
1. How does the small lot size impact the property?
The lot is the smallest on Dickson Crescent and well below the city average. This translates to very low yard maintenance, but also limited private outdoor space and no potential for additions like a garage or significant extension without a variance.
2. The home sold recently in 2024; why is it back on the market?
This would require investigation, but common reasons for quick resales include job relocation, a change in personal circumstances, or an investor flipping the property. Requesting the full sale history and any recent work permits can provide clarity.
3. As the oldest house on the street, should I be concerned?
Not necessarily. An older home can be very well-built and maintained. However, it makes a thorough inspection non-negotiable. Focus on the foundation, wiring, plumbing, and roof to understand the home's true condition and any upcoming capital costs.
4. What does the "above average" assessed value on the street mean?
It means that, compared to its direct neighbours, the city has assigned this home a higher value. This often reflects better condition, updates, or a more desirable location on the street. It can be a positive sign but remember that assessed value is for taxation and doesn't always equal market value.
5. Who would this property not suit?
It likely wouldn't suit a growing family needing more indoor and outdoor space, or someone wanting a large garden or room for a pool. It may also not fit buyers looking for a modern, open-concept layout, as 1950s bungalows typically have more compartmentalized rooms.