Property Overview & Key Characteristics
This 1993-built, one-storey home at 91 Shalimar Crescent in Winnipeg's Riverbend neighbourhood offers a practical, low-maintenance living option. Its key appeal lies in its balance of established community, recent updates, and a manageable footprint. The home sits on a good-sized 5,044 sqft lot and features a renovated basement and an attached garage. With 1,211 sqft of living space, it is well-suited for first-time homebuyers, downsizers, or investors seeking a turnkey property in a mature area.
The home’s value is underscored by its context. It ranks in the top half of Winnipeg for lot size and is newer than 77% of homes in the city, suggesting a relatively modern build. Its assessed value is competitive, positioned higher than 70% of Winnipeg properties but moderate for the Riverbend area. This indicates a solid, mid-range home in a desirable neighbourhood rather than a premium estate. It would particularly suit buyers who prioritize a move-in-ready condition with a finished basement, value the stability of an established area with larger lots, and are looking for a property that holds a steady, middle-of-the-road market position without being the most expensive on the block.
Frequently Asked Questions
1. What does the "renovated basement" likely include?
While specifics aren't listed, a renovated basement in a home of this age and value typically means it is finished as a livable space, possibly including a recreational room, additional bedroom, or a bathroom. It adds functional square footage and is a key modern convenience.
2. How does this home compare to others on the street?
The home ranks in the top 39% for lot size on Shalimar Crescent but is in the middle of the street for living area. It is newer than 72% of homes on the street, which is a significant advantage. This suggests you're getting a more modern structure on a better-than-average lot compared to your immediate neighbours.
3. Is the assessed value a good indicator of the listing price?
Not directly. The assessed value ($42,400) is for municipal tax purposes and is typically much lower than market value. Comparable nearby listings with similar assessments are currently listed at market prices far above this figure, so expect the asking price to be significantly higher.
4. Who would this neighbourhood suit best?
Riverbend is a mature, established neighbourhood. This property would suit those seeking quiet, tree-lined streets, larger lot sizes, and a sense of community. It's less suited for those wanting brand-new construction or a bustling, high-density urban environment.
5. What are the less obvious pros and cons of a 1993-built home?
A pro is that major systems (like roofing, windows) from the original build may have recently been or soon be due for replacement, allowing you to upgrade them to modern standards on your own terms. A potential con is that the layout and design may reflect early-90s trends, which could feel dated compared to open-concept newer builds, though the renovated basement helps counter this.