Property Overview: 30 Oriole Street, 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 1,064 sqft of living space, a renovated basement, a detached garage, and a generous 6,093 sqft lot. Built in 1955, the home presents a classic layout with modernized below-ground space.
The primary appeal lies in its balance and location. The lot size is notably above average citywide, offering valuable outdoor space in a mature neighbourhood. While the living area is modest compared to immediate neighbours, the renovated basement effectively expands usable space. The home last sold in late 2021, providing a relatively recent market price point for reference. It suits first-time buyers seeking a manageable footprint with room to grow outdoors, or downsizers looking for single-level living with a finished basement for family or hobby space. It represents a pragmatic choice for those who value a solid lot size and updated functional areas over sheer square footage.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
The living area is below average for both Oriole Street and the broader Crescent Park area, but is close to the average size for the entire city. The renovated basement adds significant functional space not fully captured in the main square footage metric.
2. Is the assessed value a reliable indicator of the market price?
The assessed value is a municipal calculation for tax purposes and is typically lower than market value. The 2021 sale price of $360k is a more current market indicator, though conditions have changed since then.
3. What does the lot size ranking mean?
While the lot is slightly below average on its street, it ranks in the top 29% citywide. This means you get more outdoor space than most properties in Winnipeg, a key asset for gardening, play, or future expansion.
4. The home is older—what should I consider?
Built in 1955, the home is older than most on its street but is typical for the neighbourhood and city. A thorough inspection is advised to understand the condition of major aging components like the roof, plumbing, and wiring, balanced against the character and established landscaping of an older property.
5. Who are the typical buyers in this area?
Crescent Park attracts a mix of long-term residents and new families drawn to its established feel. This particular home, with its single storey and renovated basement, could appeal to a broad range, from those seeking an entry point into the neighbourhood to those looking for manageable living without sacrificing yard space.