Property Overview: 1-105 University Crescent, Winnipeg
Key Characteristics & Appeal
This is a modern, low-maintenance property built in 2019, offering a turn-key living experience in Winnipeg's Montcalm neighbourhood. Its primary appeal lies in its contemporary build, which places it among the newest homes in its immediate area. With 892 square feet of living space, it provides a compact and efficient layout that is slightly above average for its specific street but smaller than many homes in the broader Montcalm area. This suggests a well-utilized floor plan suited to simpler living.
The property’s assessed value is consistently around the median when compared locally, indicating a stable, market-aligned investment without extreme premium or discount. A thoughtful perspective is that this home represents a balance: you acquire modern construction and systems that minimize immediate repair concerns, but within a modest footprint that encourages a more streamlined lifestyle. It last sold in the $250k-$300k range in 2024.
This home would ideally suit first-time buyers seeking a move-in-ready property, downsizers looking to leave behind the upkeep of an older, larger house, or investors interested in a relatively new asset with potential for steady rental appeal, particularly given the nearby university influence.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 892 sqft, it is slightly larger than the average home on University Crescent but is a more compact option compared to the larger average home size in the wider Montcalm neighbourhood. It’s designed for efficient living.
2. What does the "Elite" ranking for Year Built mean?
It means this 2019-built home is newer than 95-99% of comparable properties in its local area and across Winnipeg. This is a key advantage, suggesting newer building materials, appliances, and systems.
3. Is the assessed value a good indicator of the selling price?
The assessed value is for municipal tax purposes. The home recently sold in the $250k-$300k range, which provides a more current market benchmark. Assessed values in the area are clustered closely together, indicating consistency.
4. What are the potential less obvious benefits of a home like this?
A home of this age likely has modern energy efficiency standards, which can mean lower utility costs. Its moderate size and average valuation can also translate to manageable property taxes compared to larger, higher-valued homes in the city.
5. How can I find out the exact past sale prices?
The exact sold prices are not publicly displayed in detail. You can request this information directly via the email link provided on the listing page; the service aims to provide the accurate figure manually by the end of the same day.