Property Overview
67 Dunbar Crescent is a spacious, two-storey home in Winnipeg's established South Tuxedo neighbourhood. Built in 1981, it sits on a large, approximately 9,743 sqft lot. The home offers over 3,200 sqft of living space and features an attached garage and a renovated basement. Its last recorded sale was in November 2021 for $850,000.
Key Characteristics & Appeal
The primary appeal of this property lies in its generous scale and established location. With a living area ranking in the top 1% for size in Winnipeg, it provides ample room for a growing family or those who value spacious interiors. The renovated basement adds valuable finished living space. The lot size is well above average for the street, offering significant outdoor privacy and potential.
Its position in South Tuxedo offers a blend of quiet, tree-lined streets and convenient access to city amenities. The home suits buyers looking for a substantial property in a mature neighbourhood without the premium of a brand-new build. It’s an ideal match for those who prioritize interior square footage and lot size over a recently constructed home, and for buyers comfortable with a property that may offer value through its scale, with some updates possibly required to modernize the 1981 structure.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The 2024 assessed value is listed at $103,800, which is significantly lower than the $850,000 sale price in 2021. It's important to note that municipal assessments in Manitoba are primarily for tax purposes and often do not reflect current market value. Prospective buyers should rely on a professional market evaluation.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the extent or quality of the renovations. A viewing is essential to assess the finish, layout, and whether it includes legal secondary suites or additional bedrooms.
3. Is the large lot a benefit for future expansion?
The nearly 10,000 sqft lot is a standout feature, offering excellent outdoor space. While it provides potential for landscaping, gardens, or pools, buyers should verify local zoning bylaws regarding any potential additions or secondary structures.
4. How does this home compare to others on the street?
The home ranks in the top quarter for living area size on Dunbar Crescent, indicating it's one of the larger houses on the street. However, its year of build is newer than only about a third of the street's homes, meaning many neighbours' houses are newer.
5. What are the implications of the home being 45 years old?
While the basement has been renovated, a home of this age will likely have original or aging core components, such as the roof, windows, plumbing, and electrical systems. A thorough inspection is crucial to understand the condition and budget for any necessary updates or maintenance.