10 Bernadine Crescent

Property Overview: 10 Bernadine Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modest, one-storey home built in 1970 on a quiet crescent in the Buchanan neighbourhood. Its key characteristics include a 1,012 sqft living area, a 3,520 sqft lot, and an unfinished basement. There is no garage or pool. The home recently sold for $260,000.

The primary appeal lies in its affordability and location within a stable, established community. The lot size, while below average for the immediate street and city, offers manageable outdoor space with less maintenance. The home presents a straightforward, no-frills opportunity. It would suit first-time buyers seeking an entry point into the market, practical downsizers looking for a single-level layout, or investors interested in a property with a solid land value foundation in a mature neighbourhood. A thoughtful perspective is that its below-average assessed value and sale price compared to peers could indicate potential for value growth with updates, or it may simply represent a cost-effective option for those prioritizing budget over square footage.

Section 2: Frequently Asked Questions

1. How does the property compare in size to its neighbours?
The living space is average for Buchanan and the immediate street, but the land area is notably smaller than most homes on Bernadine Crescent and in the wider city.

2. Is the home recently renovated?
The listing specifies the basement is "not renovated," suggesting the home is likely in original or functional condition, appealing to buyers comfortable with cosmetic updates over time.

3. What does the sale price tell us about the property's value?
The $260,000 sale price was below the average for the street, neighbourhood, and Winnipeg. This typically reflects the home's smaller lot, basic features, and condition, positioning it as a more affordable option in the area.

4. Who might this property not suit?
It may not suit buyers looking for move-in-ready finishes, extensive living space, a large yard, or garage parking. The one-storey layout with an unfinished basement also offers limited separation of living and sleeping areas.

5. What is the long-term neighbourhood context?
Built in 1970, the home is slightly newer than the city average but older than many on its street. Buchanan is a mature area, so future changes would likely come from individual home updates rather than large-scale new development.