Property Overview: 23 Valewood Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Inkster Gardens is a practical and straightforward property. Built in 1983, it offers 1,040 sqft of living space on a nearly 5,000 sqft lot, with a renovated basement and a detached garage. The data shows it is consistently "around average" for its street, neighborhood, and city in terms of size, land, and assessed value, indicating a stable, mid-market offering.
Its primary appeal lies in its modesty and functionality. The renovated basement adds flexible living space, a significant asset for a home of this size. It suits first-time buyers seeking an affordable entry into the market, downsizers looking for a manageable single-level layout, or investors interested in a property with reliable, average market metrics and rental potential. A thoughtful perspective is that its very "averageness" within its immediate area can be a strength, suggesting less volatility and a lower risk of being over-improved compared to neighboring homes.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about the listing price?
The assessed value is for municipal tax purposes and is not a direct indicator of market value. However, it provides a benchmark. This home's assessed value is around average for its area, suggesting a listing price should be evaluated against recent sale prices of similar, average-condition homes in Inkster Gardens.
2. How does the age of the home (1983) factor in?
Homes from this era often have simpler, robust construction. While major components like the roof or furnace may be due for inspection or replacement, the layout is typically functional. It's newer than many Winnipeg homes, which can be an advantage, but a thorough inspection is always recommended.
3. The living space is below the neighborhood average. Is that a concern?
The main floor living area is compact, but the renovated basement effectively expands the usable space. This makes the home more suitable for small families or couples than the main square footage alone might suggest. It’s a trade-off: a smaller main footprint can mean lower heating costs and less upkeep.
4. What is the significance of the detached garage?
A detached garage offers flexibility—it can be used for parking, storage, or as a workshop without concerns about noise or fumes entering the house. It also presents future potential (like converting it to a studio, subject to permits) but may be less convenient in winter than an attached garage.
5. Where can I find the exact historical sale prices?
The exact sold prices are not publicly displayed in detail due to data licensing. As noted on the listing, you can request the precise sale history by email; the service provides the accurate figures manually without using your email for marketing.