Property Overview
This well-situated bungalow at 47 Sabine Crescent in Winnipeg's Crestview neighbourhood presents a practical and value-conscious opportunity. Built in 1974, its key appeal lies in its above-average condition for the area, as indicated by an assessed value that ranks in the top 29% within Crestview. The home features a renovated basement and a manageable 1,120 sqft of living space on a standard 5,795 sqft lot. Its most recent sale in June 2022 was at $43.50k.
This property would suit a first-time homebuyer seeking an entry point into a stable neighbourhood, or an investor looking for a straightforward rental property with recent updates. It’s also a fit for those who prefer the simplicity of a single-storey layout and a yard of average size for the city. A less obvious point of appeal is its relative newness compared to other homes on its street and in Crestview, suggesting potentially fewer immediate concerns with aging infrastructure common in older builds.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home was last sold for $43.50k in June 2022. The current assessed value is $34.90k. It's important to consult with a real estate professional to understand current market conditions and how they affect today's fair market value.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to assess the quality of the renovation, check for proper permits, and determine if it includes a legal suite or additional living space.
3. Is the lot size a disadvantage?
While the lot is below average for Sabine Crescent itself, it is very typical for the broader Crestview neighbourhood and the city overall. It provides a standard outdoor space without the extensive maintenance of a larger yard.
4. Why is the year built considered a standout feature?
In a neighbourhood and on a street with many older homes, a 1974 build date is relatively newer. This can sometimes correlate with updated electrical, plumbing, or building materials compared to homes built decades earlier.
5. There's no garage. Is street parking readily available?
The listing notes no garage. Buyers should visit the street at different times to gauge typical parking availability and check for any seasonal parking restrictions.