Property Overview: 31 Jonathan Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Inkster Gardens presents a practical and value-conscious opportunity. Built in 1984, its key features include 1,040 sqft of living space, a renovated basement, and a detached garage on a 4,044 sqft lot.
The primary appeal lies in its solid fundamentals and relative value within its immediate area. Notably, it holds the top assessed value on its street, suggesting it is in better condition or has more desirable features than its direct neighbors. The renovated basement adds functional living space. While the home is modest in size compared to broader city averages, it offers a manageable footprint for smaller households.
This property would suit first-time buyers seeking an entry point into the market, downsizers looking for a single-level layout without a major project, or pragmatic investors interested in a stable rental property in an established neighborhood. It’s a home that prioritizes function and upkeep over size or luxury, offering a sense of pride of ownership on a quiet crescent.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is elite on its own street (top 3%) and around average for the wider Inkster Gardens neighborhood. This indicates it is likely one of the better-maintained properties on the block, which is a positive for curb appeal and potential resale.
2. Is the living space sufficient for a family?
At 1,040 sqft, the living area is above average for Jonathan Crescent but below the neighborhood average. It is a compact layout best suited for individuals, couples, or small families. The renovated basement provides crucial additional space for recreation, home office, or storage.
3. What is the significance of the sold price history?
The home sold in March 2025 for an estimated $41.5k–$44.5k, which is close to its current assessed value of $39.8k. This recent sale provides a clear, current market benchmark, suggesting stable value without significant speculative premium.
4. What are the less obvious considerations?
While the house itself is well-positioned on its street, the lot size is below average for both the neighborhood and the city. This means smaller outdoor space but also less maintenance. Additionally, being one of the newer homes on the block (built in 1984) can be an advantage for major systems like plumbing and electrical.
5. Who are the typical neighbors?
The listing shows several nearby properties on the same crescent with similar assessed values and vintage, suggesting a consistent, established community of homeowners. This often translates to neighborhood stability.