Property Overview
43 Jonathan Crescent is a well-maintained one-storey home in Winnipeg's Inkster Gardens neighbourhood. Built in 1983, it offers 1,040 sqft of living space, a renovated basement, and a detached garage on a 4,089 sqft lot. Its recent sale in mid-2023 provides clear, current market context.
Key Characteristics & Appeal
This home presents a practical and affordable entry point into the Winnipeg market. Its key appeal lies in its move-in-ready condition, underscored by a recently renovated basement that adds functional living space. The property metrics show it is consistently "around average" for its immediate street and city-wide in terms of living area, assessed value, and year built, indicating a stable, no-surprises investment in a mature neighbourhood.
It would suit first-time buyers seeking a manageable, updated home without a major project, or investors looking for a straightforward rental property with modernized fundamentals. A thoughtful perspective is that its "around average" standings can be a strength—it avoids the premium of a top-tier area or the potential issues of a lower-tier property, offering a balanced middle ground. The detached garage and decent lot size also provide flexibility for storage, hobbies, or future outdoor space.
Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value is $35,900. The home sold for between $41,500 and $44,500 in July 2023, which is a more accurate reflection of its recent market value. Assessments are for tax purposes and often lag behind actual sale prices.
2. Is the renovated basement a legal suite?
The listing notes a "renovated basement" but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
3. What is the neighbourhood like for families or first-time buyers?
Inkster Gardens is a mature, established neighbourhood. The property ranks below the neighbourhood average for living space and assessed value, suggesting it offers a more affordable option within the area, potentially appealing to those seeking value.
4. How does the home's size compare practically?
At 1,040 sqft (plus basement), it is smaller than the Winnipeg city average. However, it is actually above average for its specific street, indicating the homes on Jonathan Crescent are typically cozy and efficient, which can mean lower utility and maintenance costs.
5. Where can I find the exact historical sold price?
The exact sold price is not published publicly. The listing service provides the price range and offers to send the exact figure via email upon request, which they handle manually without using the contact for unsolicited marketing.