Property Overview
127 Bernadine Crescent is a well-situated bi-level home in Winnipeg's Buchanan neighbourhood. Built in 1971, it sits on a standard 4,271 sqft lot and features a renovated basement and a detached garage. With 867 sqft of living space, it is a more compact home, placing it in the top 86% city-wide for efficiency. Its assessed value of $310k is comfortably around the average for its area. The home last sold in 2016 for $231,000.
Key Characteristics & Appeal
This property’s primary appeal lies in its balance of updates and location within a stable, established neighbourhood. The renovated basement adds valuable finished space and modern convenience to the classic bi-level layout. While the living area is efficient, the home benefits from a decently sized lot and the practicality of a detached garage. Its assessed value suggests it is priced accessibly within the Buchanan market.
It would suit first-time buyers or downsizers looking for a manageable, low-maintenance property without sacrificing outdoor space. The renovated basement also makes it a candidate for investors or buyers seeking a home with immediate livability and no major pending projects. A thoughtful perspective is that its "below average" living area compared to neighbours isn't necessarily a drawback—it translates to lower utility costs and less space to maintain, which can be a deliberate advantage for the right buyer.
Frequently Asked Questions
1. Is the lot size a pro or a con?
At 4,271 sqft, the lot is around the city-wide average. It provides a good balance of outdoor space for gardening or relaxation without the extensive upkeep of a much larger yard.
2. How does the 1971 build year affect the home?
Being newer than 74% of homes on its street suggests it may have had fewer generations of wear and updates compared to older neighbours. However, as with any home over 50 years old, the condition of core systems (like plumbing and electrical) should be verified.
3. What does the sale history indicate?
The home sold for $231,000 in 2016. The current $310k assessment reflects broader market appreciation. This history provides a clear benchmark for how the property's value has changed over an eight-year period.
4. Who might find the living space too small?
The living area is notably smaller than the average Winnipeg home. It may feel cramped for growing families or those who need multiple dedicated rooms for working from home. The renovated basement is a key factor in making the floor plan functional.
5. How does its value compare in the area?
With an assessed value around the average for Buchanan, this home is positioned as a typical offering for the neighbourhood, not an outlier. This can provide confidence in its marketability and fairness in pricing.