Property Summary: 78 McCallum Crescent
Key Characteristics & Appeal
This is a well-established, single-storey home on a large 6,000 sqft lot in Southboine, Winnipeg. Built in 1978, its key features include a fully finished basement, an attached garage, and 1,270 sqft of living space. The appeal here is grounded in space and value. The lot size is a significant asset, offering ample outdoor potential in a mature neighbourhood. While the living area is modest relative to the property footprint, the finished basement effectively expands usable space.
Its competitive positioning is nuanced. The home ranks highly within its immediate community for lot size and is newer than many area homes, suggesting a well-kept streetscape. However, it ranks lower for interior square footage locally. This creates a specific profile: a property where the land itself is a prime feature, with a house that may appeal to those prioritizing yard space over expansive interior rooms. It would suit practical buyers looking for a solid foundation—perhaps first-time homeowners wanting room to grow, downsizers seeking single-level living with a generous garden, or value-oriented investors attracted by the below-average assessed value relative to the broader Winnipeg market.
Frequently Asked Questions
1. What does the ranking data actually tell me?
It shows the home's position relative to nearby properties. For example, being newer than 82% of houses on its street is positive, while having less living space than most neighbours clarifies that the value is weighted toward the land and location.
2. Is the finished basement included in the 1,270 sqft living area?
No, typically the listed living area (sqft) refers to above-grade space. The finished basement is an additional bonus area, adding functional rooms like a rec room or extra bedrooms.
3. The assessed value seems lower than expected for Winnipeg. Why?
The assessment is for taxation purposes and considers many factors, including the home's age, size, and recent area sales. It can be a useful benchmark, but market value is determined by current buyer demand and may differ.
4. What are the pros and cons of a 1978-built home?
Pros often include sturdy construction, mature landscaping, and established neighbourhoods. Cons can involve upcoming maintenance or updates (like windows, roof) and older interior layouts that may need modernization.
5. Who would this property NOT suit?
It may not suit buyers seeking a large, open-concept interior or a brand-new, low-maintenance home. The rankings indicate interior space is compact for the area, so those needing ample above-grade rooms might find it limiting.