Property Overview: 54 Walter Copp Crescent, Valley Gardens, Winnipeg
Key Characteristics & Appeal
This well-situated home at 54 Walter Copp Crescent presents a compelling blend of neighborhood stature and practical living. With 1,261 sqft of living space, it sits comfortably above the neighborhood average, offering more interior room than many nearby homes. Its standout feature is its age; built in 1988, it is notably newer than most homes in Valley Gardens and on its own street, suggesting potentially fewer concerns with major aging components compared to area peers.
The appeal lies in its strong positional value within the desirable Valley Gardens neighborhood. While the lot size is slightly more compact than others on the street, the property’s assessed value ranks in the top 9% for the area, indicating official recognition of its premium setting. This creates an interesting dynamic: you’re acquiring a newer home in an established, above-average neighborhood, but without the largest yard on the block.
This property would suit buyers looking for a move-in ready home in a mature community, who prioritize interior space and modern construction over extensive outdoor land. It’s an ideal fit for professionals, small families, or downsizers seeking the stability and prestige of Valley Gardens in a home that likely requires less immediate updating.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value is above the neighborhood average but around the average for its specific street. This suggests you are paying a premium for the Valley Gardens location, with the home’s value aligned with the immediate peer group on Walter Copp Crescent.
2. Given it was built in 1988, are there any major component concerns?
While newer than most area homes, a 1988 build date means core components like the roof, windows, and major systems are likely in, or approaching, a stage where evaluation or replacement should be considered. A thorough inspection is advised.
3. Is the lot size a significant drawback?
The land area is smaller than others on the street but is typical for the wider neighborhood. It offers a manageable yard with less maintenance. If extensive gardening, privacy, or outdoor space is a top priority, it may feel limiting.
4. What does the "above average" ranking for the neighborhood really mean?
Ranking in the top 23% for living area and top 9% for assessed value in Valley Gardens confirms this is a substantively above-average property within one of Winnipeg's established communities, not just on its own street.
5. Who determines these rankings and averages?
The analysis uses publicly available municipal assessment data to compare this property against all similar homes in defined geographic areas (street, neighborhood, city). The "average" benchmarks are medians for comparable properties, providing a data-driven context.