Property Overview
58 McCallum Crescent is a well-established, one-storey family home in Winnipeg's Southboine area. Built in 1977, it sits on a generous 6,100 sqft lot and offers 1,400 sqft of living space, including a finished basement. The property features an attached garage and no pool. Its current assessed value is $472,000.
Key Characteristics & Appeal
This home presents a classic, grounded offering for buyers seeking space and stability. Its primary appeal lies in its established neighbourhood setting and larger-than-average lot, providing room for gardens, play, or expansion. The finished basement adds valuable flexible space for a recreation room, home office, or guest area.
The property suits practical buyers—growing families, downsizers looking for single-level living without sacrificing yard space, or value-oriented investors. It’s a home for those who prioritize solid fundamentals like square footage and lot size over modern finishes. A thoughtful perspective is its "blank canvas" potential; while dated to some, the 1977 build means it likely avoids the complex issues of much older homes while being ripe for thoughtful updates that can significantly increase comfort and value. The data suggests it holds its own in broader Winnipeg comparisons, particularly in assessed value, indicating a solid foundation of equity.
Frequently Asked Questions
1. How does the age of the home affect maintenance?
Built in 1977, major systems like roofing, windows, and plumbing may be nearing or due for replacement. A thorough inspection is crucial to budget for these potential updates, which can also be seen as opportunities to upgrade efficiency.
2. What is the neighbourhood like?
Southboine is a mature community. The rankings show the home's lot size is notably larger than most in the immediate area, offering more private outdoor space—a distinct advantage in an established neighbourhood.
3. Is the finished basement legal living space?
The listing states it is finished, not necessarily legal. It adds functional space but may not count officially toward the bedroom count or square footage. Verification of permits for any major renovations is advised.
4. How does the assessed value compare to the likely selling price?
The assessed value of $472,000 is a municipal figure for tax purposes. The selling price is market-driven. Its assessment ranks in the top 22% city-wide, suggesting the municipality views it as a solid property, but the final sale price will depend on current market conditions.
5. What are the biggest advantages of this property?
The key advantages are the large lot (ranking in the top 7% of the community), the single-level layout, and the finished basement. It offers space and flexibility that can be harder to find in newer subdivisions at this price point.