Property Overview
This two-storey home at 142 Bernadine Crescent in Winnipeg's Buchanan neighbourhood presents a specific and practical opportunity. Built in 1971, its key appeal lies in its value proposition and efficient use of space. With a living area of 1,120 sqft that is notably above average for its immediate street, the home offers a comfortable footprint without excessive maintenance. The lot size of 3,900 sqft is modest compared to local averages, which translates to less yard work—a potential benefit for those seeking a lower-maintenance property. It features a basement (not renovated) and no garage or pool.
The home’s strongest suit is its affordability, evidenced by its assessed and recent sale prices being consistently below area averages. This makes it a compelling entry point into the market. It would suit first-time buyers, investors looking for a rental property, or downsizers seeking a manageable home without a premium price tag. A less obvious perspective is that its smaller, established lot in a mature neighbourhood often means more predictable upkeep costs and settled greenery compared to newer, sprawling subdivisions. The data suggests you are paying primarily for the house itself rather than a premium for land, which is ideal for those whose priority is indoor living space.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This presents a blank canvas for future expansion or storage, but any living space would require investment.
2. How does the property's value compare to the area?
Both the assessed value and recent sale price are below the average for Bernadine Crescent, the Buchanan neighbourhood, and Winnipeg city-wide. This indicates a competitively priced property within its market.
3. What are the maintenance implications of the lot size?
At 3,900 sqft, the lot is smaller than many in the area. This typically means less time and money spent on landscaping, lawn care, and exterior maintenance compared to properties with larger yards.
4. The home was built in 1971. What should I consider?
While the building age is around the average for the street, a home of this vintage may have original components, like windows, roof, or major systems, that are nearing or past their typical lifespan. A thorough inspection is advised to budget for any updates.
5. Is there parking or a garage?
The listing specifies there is no garage. Buyers should assess the driveway and street parking situation to ensure it meets their needs.