Property Overview: 339 Risbey Crescent
Section 1: Key Characteristics & Appeal
This one-storey home in Winnipeg's Buchanan neighbourhood is defined by its exceptional outdoor space and thoughtful updates. The primary draw is the expansive 10,628 sqft lot, which places it in the top 8% for land size on its street and the top 2% within Buchanan. This generous, private yard is complemented by a renovated basement and a rare combination of a detached garage and a pool. Built in 1976, the house itself is newer than most in the immediate area, though the living space (1,024 sqft) is functionally sized rather than sprawling.
The appeal lies in a unique blend: it's a property with significant outdoor amenities (pool, large lot) and modernized interiors (renovated basement), all on a quiet crescent. It suits buyers who prioritize private outdoor living and recreation space over a large interior footprint. It would be ideal for a small family, a couple looking to entertain, or a buyer who sees long-term value in a substantial, upgradeable lot in a well-established area. A less obvious perspective is that the high land-to-building ratio offers future potential, whether for gardening, expansions, or simply as a valuable asset in a city where such large lots are increasingly scarce.
Section 2: Frequently Asked Questions
1. Is the pool in good working condition and what are its estimated seasonal maintenance costs?
Prospective buyers should request a recent inspection report for the pool's mechanical systems and liner/structure. Annual costs for opening, closing, chemicals, and utilities for a pool of this size are a significant consideration.
2. What specific renovations were completed in the basement, and were permits obtained?
Understanding the scope of the basement renovation—whether it was cosmetic or involved structural, electrical, or plumbing work—is crucial. Documentation for any permits pulled provides assurance the work was done to code.
3. How does the detached garage impact property use and winter convenience?
While offering excellent storage or workshop space, a detached garage means navigating outdoors in winter weather. Buyers should assess the pathway from the garage to the house and factor in snow clearing.
4. Given the lot size, are there any development restrictions or easements in place?
The large lot is a major asset, but it's wise to verify there are no unusual zoning bylaws, protective covenants, or utility easements that could limit future projects like additions, sheds, or fencing.
5. The assessed value seems notably lower than the city-wide average sale price; how does this affect property taxes?
The municipal assessed value for taxation purposes ($36.10k) is distinct from market value. Buyers should inquire about the current annual property tax amount to accurately budget for carrying costs.