Property Overview: 232 Buxton Road, Crescent Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Crescent Park offers a practical and grounded opportunity. Its key characteristics include a renovated basement, a detached garage, and a 1,036 sqft living area on a 6,249 sqft lot. Built in 1956, the house is notably newer than many on its street and in the immediate area, which can be a positive for maintenance and systems.
The appeal lies in its balance and location. While the living space is modest for the neighbourhood, the lot size is generous city-wide, offering valuable outdoor space. The home’s assessed value sits comfortably around the average for Crescent Park, suggesting it is priced in line with area norms without an excessive premium. It suits first-time buyers or downsizers looking for a manageable, single-level layout in an established neighbourhood. The renovated basement adds functional space, making it a fit for those who need a home office, guest area, or recreational room without the scale of a larger property. A thoughtful perspective is that this property represents a "middle ground" – it’s not the largest or smallest, newest or oldest, but offers a stable entry into a desirable area without the volatility of a top-tier price point.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others in Crescent Park?
At 1,036 sqft, the living area is below the average for both Buxton Road and the broader Crescent Park area. This indicates a more compact, efficient layout compared to many neighbouring homes.
2. Is the lot size typical for Winnipeg?
The 6,249 sqft lot is above the city-wide average, which is a significant asset. It provides more private outdoor space than many Winnipeg properties, though it is slightly smaller than the average lot on Buxton Road itself.
3. What does the 1956 build year mean in context?
Built in 1956, this home is newer than over 75% of the homes on its own street. This relative newness for the immediate area can be advantageous, potentially meaning updates to foundational building materials and techniques.
4. How is the assessed value positioned?
The assessed value is around the neighbourhood average. This suggests the property is not uniquely over- or under-valued compared to its Crescent Park peers, providing a benchmark for market expectations.
5. What is indicated by the 2017 sale price?
The home sold for $32,200 in July 2017. This historical data point is useful for understanding past market value, but it is essential to rely on a current professional appraisal and market analysis for today’s value, as market conditions have changed significantly since then.