Property Overview: 74 Dzyndra Crescent, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on its generous 6,179 sqft lot, which is notably larger than most in the immediate area and across Winnipeg. Built in 1974, the 842 sqft bungalow is compact and efficient, with a below-average living area compared to neighbours, suggesting a focus on low-maintenance living. The assessed value is modest and sits around the average for its street, indicating a potentially accessible entry point into the market.
The primary appeal lies in the land itself. For a buyer comfortable with a smaller footprint, the large lot offers significant outdoor space for gardening, recreation, or future expansion. It suits practical, value-oriented buyers such as first-time homeowners, downsizers seeking a manageable home with room to breathe, or investors looking for a property with land-value potential. A thoughtful perspective is recognizing this as a "blank canvas" property—its value is less about the current structure and more about the possibilities afforded by the sizable lot in an established neighbourhood.
Frequently Asked Questions
1. How does the home's smaller living area impact its value?
While the living space is compact, the property’s value is balanced by its substantially larger-than-average lot size. This often appeals to buyers prioritizing outdoor space over interior square footage, potentially keeping the home competitive in its price range.
2. What does the assessed value tell me about the likely selling price?
The assessed value is for municipal tax purposes and is typically lower than market value. The last known sale was between $250k-$300k in 2019. Current market conditions, the home’s condition, and its desirable lot size will be the true determinants of price.
3. The home is 52 years old. What should I consider?
As a home from the 1970s, a thorough inspection is essential. Focus on the condition of major systems like roof, foundation, plumbing, and electrical. Its age is typical for the street, but updates and maintenance history will be key.
4. Is the large lot a good investment?
A larger lot in an established neighbourhood is often a stable long-term asset. It provides flexibility for enjoyment, may have better resale appeal, and could offer future development potential subject to local zoning laws.
5. How can I find out the exact historical sale prices?
The provided sale price is a public data range. For precise historical sale figures, you must request the information directly via the provided email service, which manually supplies accurate data from their records.