Property Summary: 35 Hewitt Crescent
Key Characteristics & Appeal
This 1978-built, one-storey home in Elmhurst sits on a generous 7,203 sqft lot and offers 1,359 sqft of living space. Its key features include a finished basement, an in-ground swimming pool, and an attached garage. The property’s broad appeal lies in its established, spacious setting combined with recreational amenities right in the backyard.
The home’s standout characteristic is its strong overall value position within Winnipeg. It ranks in the top 15% of the city for lot size and the top 20% for assessed value, suggesting a property that is both substantial and well-regarded relative to the broader market. This creates a unique proposition: it’s a home with mature neighborhood character that also holds competitive equity stature.
It would suit buyers looking for a ready-to-enjoy, low-maintenance bungalow layout with premium outdoor space for family summers. It’s also a compelling option for value-conscious buyers who prioritize a property’s fundamental metrics—like lot size and assessment ranking—as much as its interior features. The pool adds a lifestyle perk but appeals to those prepared for its upkeep.
Frequently Asked Questions
1. How does the home’s age impact its condition and potential updates?
Built in 1978, the home is nearly 50 years old. While the finished basement suggests some updates, prospective buyers should budget for age-related maintenance and consider the potential need to modernize major systems like plumbing, electrical, or the roof in the near future.
2. What do the ranking percentages actually mean for me?
They show how this property compares to others. For example, ranking in the top 15% for lot size in Winnipeg means the yard is larger than 85% of city properties. However, its interior space is smaller than average for the immediate street, indicating the home’s footprint may be more compact relative to its sizable lot.
3. Is the swimming pool a benefit or a burden?
It’s a significant lifestyle amenity for summer enjoyment and entertaining. However, it requires dedicated maintenance, increases insurance costs, and has seasonal utility expenses. Its value is highly personal and depends on the buyer’s willingness to manage it.
4. Who is responsible for verifying the accuracy of the rankings and data?
While this data is sourced from public assessment records, buyers and their agents must verify all details, including measurements, renovation permits, and the condition of features like the pool, through independent inspections and due diligence.
5. The assessment value is $485,000. Does this dictate the selling price?
Not directly. The assessed value is for municipal tax purposes. The market sale price is determined by current buyer demand, comparable recent sales, the home’s condition, and negotiation. The assessment does indicate the city’s valuation, which is often a reference point in the market.