34 Granada Crescent

Property Overview: 34 Granada Crescent, Winnipeg

Key Characteristics & Appeal

This one-storey home in Heritage Park is a practical property with specific strengths. Built in 1970, its 1,088 sqft living area is modest, ranking below average for its street but around the city-wide norm. The standout feature is its generous 8,048 sqft lot, which is well above average for the neighbourhood and city, offering significant outdoor space and potential. The home includes an attached garage and a renovated basement. Its assessed value is positioned below average on the street but aligns with broader area averages, suggesting it may represent a value-oriented entry point into the area.

The appeal lies in its spacious lot within a mature neighbourhood—a canvas for gardeners, those seeking privacy, or future expansion. It suits first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard size, and value-focused buyers who see potential in the land and the renovated basement. A less obvious perspective is that a home with a lot size ranking in the top 12% of the neighbourhood, yet with a below-street-average assessment, can indicate an opportunity where the land itself is a primary asset, possibly appreciating independently of the dwelling.

Frequently Asked Questions

1. How does the home’s size compare to others?
The living space is 1,088 sqft, which is somewhat smaller than the average home on Granada Crescent but is very close to the typical size for both the Heritage Park area and Winnipeg overall.

2. What is the significance of the large lot size?
The 8,048 sqft lot is a key feature, placing it in the top 12% of properties in Heritage Park. This provides ample room for recreation, gardening, storage, or future projects like a deck or addition, which is increasingly rare in established neighbourhoods.

3. Why is the assessed value relatively low for the street?
The assessed value ranks in the lower quarter on Granada Crescent. This can be influenced by the home’s smaller living area relative to its immediate neighbours, while the assessment system may not fully capture the premium value of the large lot in current market conditions.

4. What does the "renovated basement" include?
The listing notes a renovated basement, which typically means finished living space. Specific details on the scope, quality, and permits should be verified with the seller or a viewing, as this adds valuable functional space to the home.

5. How can I find out the exact historical sale price?
The displayed sale history from 2017 shows a range. To obtain the exact sale price, you can use the email request function provided on the listing page. The service commits to providing the accurate figure without using your email for unsolicited marketing.