Property Overview: 71 Tudor Crescent, Winnipeg
Key Characteristics & Appeal
This 1959 bungalow in Munroe East presents a classic Winnipeg profile with a distinct value proposition. Its key characteristic is the generous 6,048 sqft lot, which ranks in the top 8% for size both on its street and within the wider neighbourhood. This offers significant outdoor space and potential not found in many newer developments. The living area is a modest 992 sqft, which is below the city-wide average, suggesting a home focused on essentials or one ripe for a thoughtful renovation to modernize the layout.
The appeal lies in its established setting and land value. With an assessed value of $320,000 that ranks above average for Munroe East, it sits in a stable, mature community. The property last sold between $300k-$350k in 2016, indicating consistent value. It would suit a first-time buyer comfortable with a home of vintage character, a downsizer seeking a manageable footprint with a large yard, or an investor/renovator who sees the underlying value in the lot size and the opportunity to update a solid structure. It’s a practical choice for those who prioritize land over lavish interior square footage.
Frequently Asked Questions
1. Is the house small compared to others in the area?
The living space is slightly below the average for Tudor Crescent itself but is very close to the average for the broader Munroe East neighbourhood. The home's footprint is compact, but this is offset by the larger-than-average lot.
2. What does the above-average assessed value in the neighbourhood indicate?
It suggests the property is valued more highly than many of its immediate area peers, likely reflecting factors like its desirable lot size, condition, or specific location on the street. It's a positive indicator of its standing within the local market.
3. Given the age of the home, what should I be prepared for?
Built in 1959, major systems like the roof, plumbing, electrical, and foundation should be a key focus for inspection. Budgeting for updates or maintenance typical of a home from this era is prudent.
4. How does the large lot size benefit me?
It offers ample space for gardening, recreation, storage, or future expansion like a shed, deck, or even an addition (subject to zoning and permits). It provides a sense of space and privacy that is increasingly rare.
5. Why is the exact historical sold price not listed publicly?
Exact sale prices in Manitoba are not part of the public record. The provided price range is estimated from available data. You can request the precise figure from the listing service, which manually verifies it through non-public sources.