Property Overview
This home at 48 Girdwood Crescent in Winnipeg's Munroe East neighbourhood presents a specific and practical value proposition. Built in 1975, its key appeal lies in its efficient use of space and its position within a very consistent local streetscape. At 1,089 sqft, the living area is notably above average for both the immediate street and the broader Munroe East area, suggesting a well-sized layout for its category. The lot, at just over 3,000 sqft, is manageable and aligns with others on the street, but is significantly smaller than typical lots in the wider area and city. This creates a low-maintenance outdoor space, which is a distinct characteristic.
The home’s assessed value is notably lower than area and city averages, which points to its potential as an accessible entry point into the market. It would likely suit first-time buyers or downsizers looking for a practical, no-fuss property in a stable neighbourhood without a large yard to maintain. Its appeal is grounded in functionality and value rather than luxury, offering more interior space than many peers on the street while carrying a below-average tax assessment for the district. A thoughtful perspective is that this property represents a "neighbourhood-conform" choice—it fits seamlessly into its immediate surroundings on Girdwood Crescent, offering predictability and community consistency over standout features.
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 (size, age, location) relative to market values. Its smaller lot size and modest specifications compared to the broader Winnipeg housing stock result in a lower assessment, which typically correlates with lower property taxes.
2. What does it mean that the home is "Elite" for year built on its street?
This simply indicates it is one of the newest homes on Girdwood Crescent. Since it was built in 1975 and ranks first out of 47 homes on the street, it suggests the surrounding houses are predominantly older, making this one of the more recently built properties in that specific cluster.
3. How can the living area be above average but the lot size below average?
This is a key feature of this property. The house itself is efficiently sized for the neighbourhood, but it's situated on a compact, manageable lot. This combination can be appealing for those prioritizing indoor space over extensive yard maintenance.
4. The home sold between 2022-2025. Can I find out the exact price?
The exact sold price is not publicly displayed in the listing history. You can request it directly via the provided email service on the page, which manually supplies accurate sale figures.
5. Is the smaller lot a disadvantage?
It depends on your priorities. While it offers less space for gardening or expansion compared to many city lots, it translates to less yard work and lower maintenance. For the right buyer, this is a practical advantage rather than a drawback.