82 Whitehorn Crescent

Property Overview & Key Characteristics

82 Whitehorn Crescent presents a unique profile defined by its land and location rather than its structure. The nearly 3,700 sqft lot is its most tangible asset, ranking in the top 20% for size on its street. Its primary appeal lies in its position within Winnipeg's Fraipont neighbourhood, where the data suggests it is surrounded by newer, higher-value homes, some built as recently as 2021. This creates a potential value proposition based on future redevelopment or significant renovation, making it a candidate for a long-term hold. The property would likely suit investors, builders, or buyers seeking a land-value opportunity who are prepared for a project, rather than those looking for a move-in ready home.

Frequently Asked Questions

1. Why is the assessed value so much lower than nearby properties?
The significantly lower assessed value, especially compared to newer builds on the same street, strongly indicates an older or more modest structure on the lot. The value is primarily in the land itself.

2. What type of buyer is this property best for?
It is best suited for buyers with a vision for the land, such as investors considering future development, builders, or homeowners planning a substantial rebuild or major renovation over time.

3. Is this a good investment for the neighbourhood?
The data shows the immediate area is actively developing with newer, higher-value homes. Acquiring a property with land value in an upward-trending area can be a strategic investment, though it requires patience and capital for improvement.

4. What should I consider before viewing?
Prospective viewers should prioritize a thorough inspection of the existing structure's condition and research any local zoning or building bylaws that would affect redevelopment plans for the lot.

5. How does the lot size compare?
At 3,686 sqft, the lot is notably larger than many in Winnipeg, ranking in the top 22% city-wide. This above-average land area is a key feature of the property.