Property Overview: 88 Crystal Avenue, Winnipeg
Key Characteristics & Appeal
This 774 sqft bungalow at 88 Crystal Avenue presents a practical and affordable entry point into the Varennes neighborhood. Built in 1988, it is notably newer than most homes in the area, suggesting potentially fewer concerns with aging infrastructure compared to its peers. The assessed value of $307k sits comfortably around the average for both the street and the wider city, indicating a fair market position.
The appeal here is one of efficiency and value. The living area is compact, ranking below local averages, which translates to lower utility costs and less maintenance. The lot size is also smaller than typical, which can be a positive for buyers seeking a manageable yard with less upkeep. This property isn't about grandeur; it's a grounded, low-maintenance home that prioritizes financial accessibility. It would suit first-time buyers, downsizers looking to simplify, or investors seeking a straightforward rental property. Its newer vintage for the area is a key advantage, offering a modern foundation in an established community.
Frequently Asked Questions
1. Is the smaller living space a significant drawback?
While below area averages, the 774 sqft layout is efficient. It promotes a simpler lifestyle with lower heating and cleaning demands, which can be a deliberate advantage for the right buyer.
2. How does the 1988 build year affect the home?
Being built decades after most neighborhood homes is a plus. It likely means more modern construction standards, wiring, and plumbing, potentially reducing immediate renovation needs.
3. What does the assessed value tell me about the price?
At $307k, it's priced around the middle of the pack locally. This suggests the asking price should be reasonably aligned with the market, not inflated or undervalued based on these metrics.
4. Is the smaller lot a problem?
The 3,176 sqft lot requires less landscaping and upkeep. This is a benefit for those who don't want extensive yard work, though it offers less privacy and space for expansions than larger lots on the street.
5. How does this home really compare to its neighbors?
It's a study in contrasts: a newer-built home on a street of older houses, with a more compact footprint on both the house and lot. It stands out for its modern age but fits in as an affordable, manageable option in the community.