Property Overview: 50 Fletcher Crescent, Crescent Park, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Crescent Park sits on a generous 7,571 sqft lot, which is notably larger than most in the immediate area and across Winnipeg. Built in 1953, the home features a renovated basement and a detached garage. With 1,100 sqft of living space, the interior is functionally sized for a smaller household. The property’s standout feature is its land, offering ample outdoor space and potential in a neighbourhood where lots of this size are becoming rarer.
The primary appeal lies in its established location and the value of the land itself. It suits buyers looking for a solid entry point into a mature neighbourhood, where the existing home provides a comfortable footprint with the long-term potential to expand or redevelop the lot. It’s also a strong match for those who prioritize private outdoor space over a large interior. A thoughtful perspective is that the above-average assessed value for the street suggests the property is already recognized as a premium holding on the block, which can be a stabilizing factor. The significant price appreciation from its 2021 sale indicates strong market momentum and confidence in the area.
Frequently Asked Questions
1. How does the lot size compare practically?
The lot is in the top 23% on its own street and top 13% city-wide. This means you're getting significantly more yard space than the typical Winnipeg home, which is a key advantage for gardening, additions, or future development.
2. The home was built in 1953. What should I consider?
While the age is average for the area, the renovated basement is a positive update. A pre-purchase inspection is especially important to understand the condition of original components like the roof, wiring, and plumbing.
3. Who would this property suit best?
It’s ideal for first-time buyers or downsizers seeking a manageable single-level layout in a quiet crescent, with the bonus of a large yard. It also appeals to investors or builders who see value in the land itself for future projects.
4. The sale price jumped significantly from 2021. What does that mean?
The increase reflects the strong market trends of recent years and the specific value buyers place on this property’s lot size and location. It’s important to have your agent analyze recent comparable sales to ensure the current asking price aligns with today’s market.
5. Is the detached garage a benefit?
Yes, especially for a home of this era. A detached garage provides flexible space for vehicles, workshops, or storage without compromising the home's living area, and it often allows for more creative landscaping or lot use.