821 Kebir Place

Property Overview: 821 Kebir Place, Crescent Park, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1958, situated on a notably generous 7,008 sqft lot in Winnipeg's Crescent Park neighborhood. Its key features include a renovated basement and a detached garage. The home’s primary appeal lies in its land value and location. While the living space (1,012 sqft) is below average for the immediate street and area, the lot size is significantly above the Winnipeg average, offering substantial outdoor space and potential. The assessed value is modest, positioning it as a more accessible entry point into the market.

This property would suit a practical buyer looking for a solid foundation—literally and figuratively. It’s ideal for someone comfortable with a smaller, older home who values a large yard for gardening, recreation, or future expansion. It could appeal to a first-time homeowner, an investor seeking a property with land value, or a downsizer wanting manageable indoor space without sacrificing outdoor privacy. The renovated basement adds functional living space, making the overall package more versatile.

Frequently Asked Questions

1. Is this a small house?
Yes, at 1,012 sqft, the living area is below the average for both Kebir Place and the broader Crescent Park area. The home offers efficient, compact living.

2. What is the standout feature of this property?
The 7,008 sqft lot is the standout. It is significantly larger than the Winnipeg city-wide average, providing exceptional outdoor space rarely found with homes in this price range.

3. How does its value compare to the neighborhood?
Its assessed value is around the neighborhood average but is below average for its specific street. This suggests it may offer relative value within a desirable location.

4. What should I consider about the home’s age?
Built in 1958, the home is older than many on its street. Buyers should budget for potential updates to major aging components like the roof, plumbing, or electrical systems, even with a renovated basement.

5. Who might this property not suit?
It may not suit buyers seeking modern, open-concept layouts or substantial above-grade square footage without a renovation project. Those prioritizing immediate move-in condition and ample indoor space over lot size might find it limiting.