Property Overview
This two-storey home on Nesbitt Bay in Winnipeg's Crescent Park neighborhood presents a specific and appealing value proposition. Built in 1975, its key characteristic is generous interior space. With 2,112 sqft of living area, it ranks well above average for its street, neighborhood, and the city overall, offering more room than most comparable homes. The property sits on a 5,443 sqft lot, which is slightly below average for the immediate area but typical for Winnipeg. It features a renovated basement and a detached garage.
The appeal lies in this balance of space and value. You get a significantly larger-than-average home in a mature neighborhood, with the practical updates of a renovated basement. The lot size, while not expansive for Crescent Park, is still substantial and manageable. It suits buyers looking for ample interior living space without a sprawling yard to maintain, and who appreciate a home that stands out in size within its local context but is priced in line with the area. It’s a practical choice for a growing family or anyone who prioritizes indoor square footage.
Frequently Asked Questions
How does the lot size compare to the neighborhood?
The land area is 5,443 sqft, which is below the average for Crescent Park but close to the city-wide average. This means the yard is more manageable than some in the area, but still offers good outdoor space.
Is the home notably larger than others nearby?
Yes. With 2,112 sqft of living area, it ranks in the top 23% on its own street and the top 10% within the broader Crescent Park area, meaning it offers more interior space than most homes it's compared to.
What does the "above average" assessed value ranking mean?
The assessed value ranks higher than most comparable homes in the neighborhood and city, which often reflects the home's larger living area and renovations. It's useful for understanding municipal valuation, but market sale price can differ.
How old is the home, and what does that imply?
Built in 1975, it is newer than the average home in Crescent Park, ranking in the top 7% for year built in the neighborhood. This can suggest potentially fewer issues associated with very aged infrastructure.
What is the recent sales history?
The home last sold in December 2017 for $479,000. This provides a historical benchmark, but current market conditions will determine its present value.