Property Overview: 100 Bernadine Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Bernadine Crescent in the Buchanan neighbourhood is a practical and updated property built in 1971. Its key feature is a renovated basement, adding valuable finished living space to the 1,120 sqft main footprint. The home sits on a 3,900 sqft lot, which is modest for the area but typical for the street, suggesting a low-maintenance yard.
The appeal lies in its move-in readiness due to the basement renovation and its efficient size, which is above average for living space on its own street. The property’s assessed value is modest relative to the wider city, indicating a potentially accessible price point. It would suit first-time buyers seeking a renovated, manageable home without a large yard to upkeep, or investors looking for a solid, updated rental property in a stable neighbourhood. A thoughtful perspective is that while the lot size is below area averages, this translates to less weekend yard work and lower exterior maintenance costs, aligning with a simpler lifestyle.
Section 2: Frequently Asked Questions
Q: How does the lot size compare to neighbouring properties?
A: The 3,900 sqft lot is below the average for both the Buchanan neighbourhood and Winnipeg overall. However, it is much more typical for Bernadine Crescent itself, where it ranks in the top 81% for size on the street.
Q: Has the home been updated since it was built in 1971?
A: Yes, the basement has been renovated. Details on the scope and quality of the renovation, as well as updates to other major systems (roof, windows, HVAC), should be confirmed with a home inspection.
Q: What does the assessed value tell us about the property?
A: The assessed value is around average for the street but below average for the wider neighbourhood and city. This can sometimes indicate a more affordable entry point into the area, but the final sale price is determined by the market.
Q: Is the living space considered large for this type of home?
A: With 1,120 sqft of living area, it is actually above average compared to similar homes on Bernadine Crescent. It is comfortably within the average range for the broader Buchanan neighbourhood.
Q: The home sold in 2017. What can that sale price indicate?
A: The 2017 sale price of $230k was considered high for the street and neighbourhood at that time. This historical data points to the property being in demand, but current market conditions will determine its present value.