Property Overview: 88 Crawford Avenue, Norwood West
Key Characteristics & Appeal
This 740 sqft bungalow, built in 1940, sits on a 3,956 sqft lot in Winnipeg's Norwood West neighbourhood. Its key characteristic is its compact and efficient scale. The home's assessed value of $310,000 is notably below the area average, presenting a more accessible price point for the neighbourhood. The appeal lies in this value proposition: an entry into an established community without the premium price tag of larger homes on the street. The lot, while below the area average in size, still offers valuable outdoor space typical of the area.
This property would best suit first-time buyers or downsizers seeking a manageable footprint and lower maintenance, prioritizing location and lot ownership over interior square footage. It also presents a potential opportunity for investors or renovators looking for a character home with a solid lot in a central location, where value can be added through updates or an addition, given the existing structure is modest relative to the land.
Frequently Asked Questions
1. How does the home's size compare to others?
At 740 sqft, the living area is significantly smaller than most comparable homes in Norwood West, which average around 1,420 sqft. This is the primary factor in its below-average assessed value for the area.
2. Is the assessed value in line with recent sales?
The last recorded sale was between $300,000-$350,000 in late 2020. The current $310,000 assessment appears consistent with that sale, suggesting stable value in a market where area averages are higher.
3. What does the lot size mean for potential expansion?
The 3,956 sqft lot is smaller than many in the area but still provides a meaningful footprint. It may accommodate an addition or renovation, but feasibility would depend on specific zoning bylaws, setback requirements, and the condition of the existing structure.
4. How old is this home compared to its neighbours?
Built in 1940, it is very typical for Norwood West, where the average build year is 1937. Buyers should expect the maintenance considerations common to homes of this era.
5. How can I verify the exact historical sale price?
The site provides sold price ranges for context. To obtain the exact sale figures and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.