Property Overview
This one-storey home at 964 Riviera Crescent in Winnipeg's Crescent Park neighbourhood presents a straightforward opportunity centred on its renovated basement and a well-sized lot. Built in 1961, the house itself offers 1,460 sqft of living space, which is above average for the immediate neighbourhood. Its primary appeal lies in its functional layout and the value of the land. The 5,637 sqft lot is smaller than most in Crescent Park but remains a generous city parcel. With no garage and no pool, the property is a practical, no-frills canvas.
The home would suit a value-conscious buyer looking for a solid foundation in a mature neighbourhood. It's ideal for someone comfortable with a home of this vintage and who sees potential in the already-updated basement. It could appeal to a first-time buyer prioritizing interior space and lot size over premium street rankings, or an investor seeking a property with core strengths in a stable area.
Frequently Asked Questions
1. How does the lot size compare to others?
While the 5,637 sqft lot is below the average for the Crescent Park neighbourhood, it is very close to the average lot size across the entire city of Winnipeg. It offers ample outdoor space for a city property.
2. Has the property been recently sold?
Yes, records show two recent sales: one in July 2023 for $48,600 and a prior sale in June 2022 for $440,000. It's important to consult with a real estate professional to understand the context behind these significant price differences.
3. What are the key features of the home?
The listing confirms a renovated basement and categorizes it as a one-storey building. There is no garage or swimming pool on the property.
4. Is the living space large for the area?
Yes. With 1,460 sqft of living area, this home is above the average for both the Crescent Park neighbourhood and the city of Winnipeg as a whole.
5. How does the year built affect this home?
Built in 1961, the home is older than most in Crescent Park but is actually around the average age for houses on its own street and across Winnipeg. Buyers should factor in the maintenance and systems typical of a home from this era.