Property Overview: 949 Crane Avenue, Crescent Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home at 949 Crane Avenue presents a solid, above-average offering in Winnipeg's Crescent Park neighborhood. Its key appeal lies in its modern foundation relative to the area, having been built in 1987, which makes it notably newer than most homes on its street and in the wider community. This suggests potentially fewer concerns with major aging infrastructure.
The home offers comfortable, practical living with 1,329 sqft of space and an attached garage, sitting on a manageable 5,668 sqft lot. The data indicates its assessed value ranks highly for the area, positioning it as a premium property on its street and in Crescent Park. A thoughtful perspective is that while the lot size is slightly below the neighborhood average, this can translate to less maintenance, appealing to those seeking a balanced indoor-outdoor commitment. The basement is noted as unrenovated, which savvy buyers may see as a clean slate for future customization.
This property would best suit buyers looking for a move-in-ready home with modern bones in an established neighborhood, particularly those who value a home newer than its surroundings. It’s also a strong match for someone who appreciates a property with a strong assessed value position but might want to personalize a space (like the basement) over time.
Section 2: Frequently Asked Questions
1. How does this home’s age compare to others nearby?
At 39 years old (built in 1987), this home is significantly newer than the average for both Crane Avenue and the broader Crescent Park area, where many homes were built in the 1950s and 60s.
2. Is the living space considered large for the area?
Yes. With 1,329 sqft, the living area is above average for Crane Avenue and compares very closely to the average home size across the entire city of Winnipeg.
3. What does the "above average" assessed value ranking mean?
The assessed value ranks in the top tiers for the street, neighborhood, and citywide. This generally indicates the property is viewed as a higher-value asset compared to its peers, which can be positive for equity, though property taxes will be based on this valuation.
4. The lot size is noted as "below average" for Crescent Park. How significant is this?
The lot is 5,668 sqft, which is smaller than the Crescent Park average but is very close to the average lot size on Crane Avenue itself and is actually near the citywide average. It provides a standard urban yard space.
5. Was the last sale price consistent with the current assessed value?
The home last sold in June 2020 for $38,300. The current assessed value is listed at $47,500. This increase reflects market changes and assessments over a four-year period and should be considered alongside a current market evaluation.