Property Overview: 1 Dove Bay, Crescent Park, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1957, sits on a notably spacious lot of over 9,300 sqft in the established Crescent Park neighbourhood. Its primary appeal lies in a combination of generous outdoor space and above-average living area. The nearly 2,000 sqft of interior space is well above the neighbourhood and city averages, offering room to grow. A key modern update is the renovated basement, adding functional living space, while the detached garage provides flexibility.
The property’s standout feature is its land. The lot size ranks in the top 14% within Crescent Park, offering rare suburban-like space in the city—ideal for gardening, expansion, or simply enjoying private outdoor living. Its assessed value is above average for the area, suggesting a solid investment in a desirable location. This home would best suit buyers looking for a character home with ample yard space who appreciate an established, quiet neighbourhood. It’s a strong match for those willing to maintain a larger property and who value the potential of the land as much as the renovated living spaces inside.
Frequently Asked Questions
1. How does the lot size compare practically?
At 9,360 sqft, the lot is significantly larger than the typical Winnipeg property. This offers exceptional privacy, space for additions like a deck or shed, and a feel more common in suburban areas, all within the city.
2. What does the “renovated basement” entail?
The listing confirms the basement is renovated but does not specify the finish or layout. A professional inspection is recommended to understand the quality, ceiling height, and whether it includes legal secondary suite potential.
3. Is the 1957 build date a concern?
While the home is older, its build year is actually above average for the Crescent Park area. Buyers should budget for expected updates to major aging components like the roof, windows, or plumbing, which is typical for homes of this era.
4. How does the detached garage affect winter use?
A detached garage means a walk outdoors in all weather conditions. For some, this is a minor trade-off for reduced noise in the house and more flexible yard layout options.
5. The assessed value seems low compared to market value. Why?
Municipal assessed value for taxation purposes often lags behind current market values and is calculated using a specific formula. It should not be used as a direct indicator of listing or sale price; a comparative market analysis is essential.