748 Robin Hood Crescent

Property Overview: 748 Robin Hood Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Robin Hood Crescent in Munroe East presents a practical and straightforward opportunity. Built in 1956, it is notably the oldest home on its street, which may appeal to buyers interested in a property with classic character or potential heritage aspects, though this also suggests a need for diligent inspection of its systems and upkeep. With 912 sqft of living space, the home is cozier than most in the city, but its 5,495 sqft lot is generously sized for the local area, offering valuable outdoor space relative to neighbours.

Its primary appeal lies in its balance and stability. The assessed value is consistently around the average for its immediate area, indicating it is not overvalued. Recent sold price data shows strong performance, ranking in the top 15% for the street and neighbourhood in 2023. This suggests the home has held its value well in a desirable pocket of Munroe East.

This property would best suit a first-time buyer, downsizer, or practical investor looking for a manageable footprint on a larger lot. It’s for someone who values a stable, established neighbourhood over modern square footage, and who sees potential in the land or is prepared for the maintenance that comes with an older, well-situated home.

Section 2: Frequently Asked Questions

1. What does it mean that this is the oldest house on the street?
Being built in 1956 and ranked #1 for age on Robin Hood Crescent means it is the original home from the street's early development. This can imply a well-established, mature property lot but necessitates a thorough inspection of the roof, foundation, plumbing, and electrical systems.

2. The living space is below average. Is the house too small?
At 912 sqft, the living area is indeed below the city and local averages. This indicates a compact, efficient layout. The appeal is balanced by the larger-than-average lot for Munroe East, offering potential for outdoor living, gardening, or future expansion, subject to zoning.

3. How stable has the property's value been?
The assessed value is steady and average for the area. More notably, its 2023 sale price ranked in the top 15% locally, showing it can command strong market value despite its age and size, likely due to lot size and location.

4. The lot size is listed as "above average" for Munroe East. How significant is this?
With a 5,495 sqft lot ranking in the top 25% for the neighbourhood, this is a key feature. It provides more private outdoor space than most nearby properties, which is a valuable and less common asset in this area.

5. Where can I see more detailed context about the neighbourhood?
You can open the dedicated neighbourhood analysis page for a map and detailed comparisons of nearby homes by year built, size, value, and lot size. This helps visualize exactly how this property fits into its surroundings.