Property Overview
This home at 29 Abbotsford Crescent stands out for its above-average size and modern build within its established Vista neighborhood. With 1,452 sqft of living space, it is significantly larger than most comparable homes on its street and in the immediate area. Built in 1985, it is notably newer than its neighbors, ranking in the top 3% of its street for year of construction. The assessed value of $464k is elite for the street, indicating a premium valuation relative to nearby properties. The lot size of 5,595 sqft is consistent with area averages. The appeal lies in acquiring a more spacious and contemporary home in a mature setting, offering modern comforts without sacrificing established community character. It would suit buyers looking for move-in-ready space, those who value newer mechanical systems and building standards, and investors or homeowners attracted by a strong assessed value that outperforms its immediate locale.
Frequently Asked Questions
1. How does the assessed value compare to likely market value?
While the assessed value of $464k is significantly higher than the street average, it is important to remember this is for municipal tax purposes. Market value is determined by recent sales and buyer demand. However, such a high relative assessment often reflects recent improvements or desirable attributes recognized by the city assessor.
2. The home is newer than most on the block. What are the implications?
A 1985 build suggests updated electrical wiring (likely with a modern panel), more efficient insulation standards, and potentially newer major components like windows, roof, or HVAC systems compared to homes built in the 1960s or 70s. This can mean lower immediate repair costs and better energy efficiency.
3. The lot is average-sized, but the living space is large. What does this mean?
This indicates the home makes efficient use of its property footprint, likely with a two-story or larger footprint design. It means more indoor living area relative to yard maintenance, which can be a benefit for those prioritizing interior space over extensive landscaping.
4. Why is the citywide ranking for living area only "around average"?
While the home is large for its specific neighborhood, Winnipeg overall has many homes with even larger square footages. This perspective shows that while the property is a standout locally, it offers a fairly standard amount of space when compared to the entire city's housing stock.
5. What can the "neighbourhood analysis page" show me?
This interactive map display allows you to visually compare this property with nearby houses on metrics like year built, lot size, and assessed value. It helps you see patterns, such as whether newer homes cluster together or if higher values are specific to certain parts of the street, providing deeper context for the statistical rankings.