Property Overview & Key Characteristics
142 Amersham Crescent is a 1,101 sqft, one-storey home built in 1987, situated on a 4,836 sqft lot in Winnipeg's Dakota Crossing neighbourhood. Its key appeal lies in its solid, no-frills foundation. The home offers a manageable size for first-time buyers or downsizers, and its lot size is consistent with the immediate street, providing typical suburban outdoor space. A notable characteristic is its assessed value of $32,500, which is significantly below average for its street and neighbourhood, yet around average citywide. This suggests a property that may present an entry point into a stable area, potentially appealing to buyers comfortable with a home that likely requires modernization, as the basement is noted as "not renovated." The home suits practical buyers looking for value and location over turn-key condition, who see potential in a property with fundamental strengths but dated interiors.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighbouring homes?
While the assessed value is below average for Dakota Crossing and Amersham Crescent, it is around the median citywide. This discrepancy often reflects the home's specific condition, features, and unrenovated state compared to updated homes on the same street.
2. What does "basement, not renovated" imply?
This indicates the basement is functional but remains in an original or dated state. Buyers should budget for potential updates and include a thorough inspection to assess the condition of essential systems like plumbing, electrical, and foundation.
3. How does the living space compare to the area?
At 1,101 sqft, the living area is slightly below the neighbourhood average but very close to the average for Amersham Crescent itself. It represents a standard size for the street, suitable for smaller households.
4. Is the lack of a garage a significant drawback?
The property has no garage, which is common for many one-storey designs of its era. Buyers should consider on-street parking availability or the cost and space to add a shed or carport if needed.
5. The home last sold in late 2022. What should I consider?
A recent sale suggests potentially motivated sellers, but it's crucial to understand why it's back on the market so soon. It also provides a very recent market price point for comparison, which can be a useful benchmark in negotiations.