5 Dickson Crescent

Property Overview: 5 Dickson Crescent, Winnipeg

Key Characteristics & Appeal

This 888 sqft bungalow, built in 1954, presents a straightforward, low-maintenance opportunity in Winnipeg's Maybank neighbourhood. Its primary appeal lies in its affordability and efficiency, underscored by a notably low municipal assessed value. The home sits on a modest, sub-1,900 sqft lot, which translates to minimal yard upkeep—a significant plus for those seeking a simplified lifestyle without the burden of extensive grounds.

While its living space is slightly below average for its immediate street, the property holds a unique distinction: it is the oldest home on Dickson Crescent. This isn't about historical prestige, but rather suggests a well-established, stable streetscape. The home suits first-time buyers or downsizers prioritizing financial accessibility and practicality over size. It’s for the buyer who views a smaller footprint and lot not as a limitation, but as a strategic choice to reduce costs, maintenance time, and environmental impact. The value proposition is clear: get into the market with lower upfront and ongoing carrying costs, in a mature neighbourhood.

Frequently Asked Questions

1. What does the assessed value tell me about the property taxes?
The assessed value is significantly below citywide averages, which typically correlates with lower municipal property taxes. This is a key factor in the home's overall affordability.

2. The home is noted as the oldest on the street. Should I be concerned?
Age alone isn't an automatic red flag. It primarily indicates the character of the area. However, it does make a thorough inspection crucial to understand the condition of major aging components like the roof, foundation, plumbing, and electrical systems.

3. Who would the small lot size suit best?
The compact lot is ideal for buyers who dislike yard work or wish to minimize outdoor maintenance. It may not suit those wanting extensive gardens, space for children or pets to run, or room for future additions like a large deck or garage.

4. How current is the sold price information?
The last recorded sale appears to be between 2017-2025, with a broad price range provided. For the exact sale price and date to inform your offer, you must request the information directly via the provided email service.

5. The living area is below average for the street. Does that matter?
This depends on your needs. It offers functional space at a likely lower price point than larger homes on the block. It’s a trade-off: you gain affordability and less space to heat/clean, but may need to be creative with storage or layouts.