Property Overview: 26 Granada Crescent, Heritage Park, Winnipeg
Key Characteristics & Appeal
This 1970 bi-level home at 26 Granada Crescent presents a solid, grounded opportunity in Winnipeg's Heritage Park neighborhood. Its key appeal lies in the balance it strikes between a comfortable, renovated living space and a generously sized lot. With 1,134 sqft of living area, the home is functionally sized and sits around the neighborhood average, making it a practical choice rather than an extravagant one.
The property’s standout feature is its land. At 8,827 sqft, the lot size is well above average for the street, neighborhood, and city-wide, offering significant outdoor space for gardening, recreation, or future expansion. This is paired with an assessed value that ranks above average locally, suggesting the property is viewed favorably within its immediate context. The renovated basement adds modern livability to the classic bi-level layout.
This home would suit first-time buyers or downsizers looking for a manageable footprint without sacrificing yard space. It’s also a fit for value-oriented buyers who appreciate a home that holds its own within its peer group—not the largest on the block, but one with a premium lot and a solid assessment foundation. The detached garage adds practical storage or workshop potential.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is in the top 25% for the Heritage Park neighborhood, indicating it is considered above average compared to many direct neighbors, likely due to factors like the renovated basement and larger lot.
2. Is the lot size a significant advantage?
Yes. The lot is notably larger than most, ranking in the top 8% within Heritage Park. This provides more private outdoor space than is typical, a valuable asset for families, pet owners, or anyone wanting room to breathe.
3. What does the "Top X%" ranking for the year built mean?
The 1970 build year is ranked in the top 4% on its street, meaning it is one of the newer homes on Granada Crescent. This can be an advantage, potentially indicating newer construction materials or systems compared to older neighbors.
4. The last sold price range (2016) seems low compared to today's assessed value. Why?
The sold price from 2016 is historical data and reflects the market conditions of that time. The current assessed value is an estimate of the property's market value for taxation purposes as of a more recent valuation date, accounting for market changes and any renovations.
5. Who would this property not suit as well?
Buyers seeking a very modern, open-concept layout may find the classic bi-level design less appealing. Those prioritizing maximum interior square footage over land size might also find homes with larger living areas in the area.