Property Overview: 63 Bathgate Bay, Crescent Park, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1955, situated on a standard-sized lot in the Crescent Park neighborhood. Its key appeal lies in its position as an entry-point property in a well-established area. With 954 sqft of living space, the home is notably smaller than most in its immediate vicinity and the broader neighborhood, which may appeal to buyers seeking minimal upkeep or a efficient layout without excess space. The detached garage and renovated basement add practical value.
The data reveals a nuanced picture: while the home is below average in size and assessed value for its specific street and Crescent Park, it sits around the city-wide average for assessed value. This suggests it represents a more accessible price point within a desirable area. Its year of construction is actually one of the oldest on Bathgate Bay, which could indicate a well-preserved character home or signal a need for updates to major systems. This property would best suit a first-time buyer, a downsizer looking for a manageable footprint, or an investor seeking a rental in a stable neighborhood. Its value proposition is location and lot potential over square footage.
Frequently Asked Questions
1. Is this a small house?
Yes. At 954 sqft, it is significantly smaller than the average home on its street (~1,183 sqft) and in Crescent Park (~1,396 sqft). It offers a compact, efficient layout.
2. Why is the assessed value relatively low for the area?
The assessed value is below the average for both Bathgate Bay and Crescent Park, largely reflecting the home's smaller size and older age. This is what makes it a more affordable option within the neighborhood.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. This should be a key question for the listing agent to understand the finish quality, ceiling height, and whether it includes a legal suite or additional living space.
4. Given its age, what major systems might need attention?
Built in 1955, potential buyers should prioritize inspections of the roof, foundation, plumbing, electrical wiring, and heating system to budget for any necessary updates or repairs.
5. Is there potential to expand or rebuild on the lot?
The 5,832 sqft lot is around the city-wide average. While subject to local zoning, the lot size could allow for a future addition or redevelopment, which is a key long-term consideration for this property.