Property Overview
This one-and-a-half storey home on a generous 6,604 sqft lot in Crescent Park presents a solid, updated offering in a desirable neighbourhood. Built in 1955, its key appeal lies in its above-average living space (1,543 sqft) and a recently renovated basement, adding valuable functional square footage. The detached garage and sizable lot offer classic Winnipeg practicality with room for gardens, play, or expansion.
Its standout characteristic is its value positioning. With an assessed value in the top 5% for its immediate street and a sale price in the top 5% when it last sold in 2023, it demonstrates strong market recognition relative to its peers. This suggests a home that has been well-maintained and upgraded in a sought-after location. It would suit buyers looking for a move-in ready character home with modernized essentials, who value established neighbourhoods and a property that holds its value well. It’s particularly suited for those who appreciate space over brand-new construction and want a home that stands out positively in its local context.
Frequently Asked Questions
How does the lot size compare to others in the area?
The lot is approximately 6,600 sqft, which is above average for the city and for the immediate street. In the broader Crescent Park area, it is closer to the neighbourhood average, offering a very typical and generous yard space for the community.
What does the "Elite" assessed value ranking mean?
This means the home’s official assessed value is in the top 5% of all similar properties on Buxton Road. It generally indicates that the property is viewed as one of the most valuable on its street, likely due to a combination of its size, condition, renovations, and desirability.
Is the home newer or older than most in Crescent Park?
Built in 1955, it is slightly newer than the average home on its street and essentially on par with the average for the Crescent Park neighbourhood, which has many homes from this mid-century era.
The home sold recently in 2023. What does that sale price indicate?
The $530,000 sale price was ranked in the top 5% for the street and top 13% for the neighbourhood at that time. This recent transaction provides a clear, strong benchmark for its market value, showing it commands a premium compared to many nearby homes.
What is the practical benefit of the "renovated basement"?
While specific finishes aren't detailed, a renovated basement in a home of this age typically adds significant functional living space, such as for a family room, home office, or additional bedrooms. It also suggests major systems (like insulation, flooring, and possibly moisture management) have been addressed, which is a key update for Winnipeg homes.