Property Overview: 231 Buxton Road, Crescent Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Crescent Park is defined by its generous, above-average city lot and a recently renovated basement. Built in 1956, it is a newer construction compared to many immediate neighbors, suggesting potentially fewer major age-related concerns. The living space is average for the area, offering a practical footprint. Its appeal lies in the combination of a sizable, private yard—a relative rarity within the city—and the value-added of a finished lower level. The detached garage adds utility and storage flexibility.
This property would suit a buyer looking for solid ground-level living in an established neighborhood, prioritizing outdoor space over a large interior. It’s a practical choice for a first-time homeowner, a downsizer, or an investor seeking a property with a strong land component and move-in-ready basics. A thoughtful perspective: while the home's assessed value is healthy for its street, its last sale price was notably below area averages, which could indicate a unique past value or present a compelling entry point in a sought-after locale.
Section 2: Frequently Asked Questions
Q: How does the lot size compare practically?
A: At over 6,250 sq ft, the lot is larger than the Winnipeg average. This offers significant potential for gardening, recreation, or expansion, setting it apart from many newer properties.
Q: What does the "renovated basement" typically entail?
A: While specifics require viewing, a renovated basement in a home of this era often means it has been modernized for use as livable space, such as a family room, office, or additional bedrooms, adding functional square footage.
Q: Is the 1956 build date an advantage?
A: It can be. On Buxton Road and in Crescent Park, this is a newer build, which may mean updated foundational materials, wiring, or plumbing compared to much older homes in the area.
Q: Why was the last sale price in 2016 significantly lower than the assessed value?
A: Sale prices are influenced by many factors, including market conditions at the time, property condition, and terms of sale. The current assessed value is a municipal estimate for taxation, not a market price. This discrepancy warrants research into the home’s history and current market appraisal.
Q: What is the neighborhood feel of Crescent Park?
A: Crescent Park is an established, mature neighborhood with tree-lined streets. The rankings show property metrics are typically very consistent within the area, indicating a stable and homogeneous community character.