Property Overview
This single-storey home on 60 Inch Bay in Winnipeg's Crestview neighborhood presents a practical and updated living space. Its key appeal lies in being a well-maintained, move-in-ready property with a recently renovated basement, offering additional flexible space. The detached garage adds convenience. With 1,136 sqft of living area, it sits comfortably within the average range for similar homes in Crestview and city-wide, suggesting a manageable size for upkeep.
The data reveals some thoughtful nuances. While the lot size is slightly smaller than many immediate neighbors, the home's assessed value ranks notably high within Crestview itself (top 16%), indicating it is viewed favorably relative to the local market. The house, built in 1967, is actually one of the newer homes on its specific street. This combination suggests a property that has been cared for and modernized, translating to value in its immediate community. It would suit first-time buyers, downsizers, or investors seeking a straightforward, updated home in a stable neighborhood without the premium for a large lot.
Frequently Asked Questions
How does the lot size impact this property?
The land area is smaller than many on the street and in the area. This typically means less yard maintenance, which can be a plus for many, but may be a consideration for those wanting extensive outdoor space or future expansion.
What does the high assessed value ranking in Crestview indicate?
Ranking in the top 16% for assessed value in Crestview, while being average city-wide, suggests the property's improvements and condition are recognized as above-par for this specific neighborhood, potentially reflecting quality updates.
Is the basement renovation reflected in the official metrics?
While the listing notes a renovated basement, this added living space may not be fully captured in the official living area square footage, meaning the functional space could feel larger than the 1,136 sqft metric.
How stable is the property's value based on recent sales?
The home sold two years ago for $450k, a significant increase over its sale price just a year before that. While past performance doesn't guarantee future results, this sharp appreciation suggests strong recent demand for this home or street.
Are homes on this street typically newer or older?
With a year-built ranking in the top 6% on its own street, this 1967 home is among the newer properties on Inch Bay, implying the surrounding houses may be of a similar or older vintage, defining the area's established character.