232 Morgan Crescent

Property Overview

232 Morgan Crescent is a well-sized 4-level split home built in 1962, situated on a standard lot in Winnipeg's Crestview neighborhood. Its primary appeal lies in its generous and above-average living space of 1,639 sqft, which ranks it in the top 1% of homes on its street and the top 2% within Crestview. The home features a renovated basement and a detached garage. Recent data shows it sold for $39.40k in August 2024, which was above the typical sale price for comparable local properties. This home suits buyers looking for more interior space than is commonly found in the area, who are comfortable with the maintenance and potential updates of a 60-year-old structure, and who value a quiet, established neighborhood over a brand-new build.

Key Details & FAQs

• What are the home's standout features? The most significant feature is its living area, which is substantially larger than most homes on Morgan Crescent and in the wider Crestview area. The basement has been renovated, adding to the functional space.
• How does its value compare? The home's assessed value is above average for its immediate street and neighborhood. Its recent sale price was also above the local average, suggesting the market recognized its desirable characteristics, likely its size.
• What should I know about the age of the home? Built in 1962, the home is older than most in Crestview. Buyers should budget for age-related maintenance and consider the potential need to update major systems (like plumbing, electrical, or the roof) sooner than with a newer build.
• Is the lot size a pro or con? The lot is fairly typical for the area. It's not exceptionally large or small, so it offers standard outdoor space without extensive yard maintenance demands.
• Who would this property not suit? It may not be ideal for buyers seeking a modern, open-concept layout (typical of newer homes), those wanting a move-in-ready property with all recent updates, or anyone hesitant about the ongoing upkeep of an older home.