Property Overview: 18 Uplands Crescent, Heritage Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Heritage Park offers a practical layout with 1,272 sqft of living space, an attached garage, and a renovated basement. Built in 1970, its standout feature is the generous 7,945 sqft lot, which is notably larger than most in the city and the immediate neighbourhood, providing ample outdoor space and potential.
The home’s primary appeal lies in its established, quiet crescent location combined with significant lot size—a increasingly rare find. Market data shows its assessed value of $430k ranks highly on its own street and is above average for Heritage Park, suggesting it is viewed as a premium property in the area. The renovated basement adds modern, functional living space. This property would suit buyers looking for a solid, single-level home in a mature neighbourhood who value private outdoor space over a larger interior footprint. It’s particularly suited for those wanting room for gardens, play areas, or future additions, or for buyers who see the lot size as a long-term investment in land value.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s $430k assessment is in the top 3% on Uplands Crescent and the top 17% in Heritage Park, indicating it is considered a higher-value home for this neighbourhood, likely influenced by the large lot and recent updates.
2. What is the significance of the lot size?
At nearly 8,000 sqft, the lot is larger than approximately 89% of residential lots citywide. This is a key asset, offering more privacy, greenery, and flexibility than typical properties.
3. Has the property value increased?
Based on available sold price ranges, the home sold for between $275k-$305k in late 2021 and then between $435k-$465k in mid-2022. This indicates significant appreciation in that period, aligning with the higher current assessed value.
4. Is the living space smaller than average?
At 1,272 sqft, the living area is slightly below the neighbourhood average. However, this is balanced by the renovated basement, which adds functional space, and the exceptional lot size.
5. What is the neighbourhood like for similar homes?
Heritage Park features homes primarily from the same era. This property’s year built (1970) is typical, but its lot size and assessed value are above average for the area, positioning it as a standout offering on a street of similar-aged homes.