Property Overview: 63 Jonathan Crescent, Winnipeg
Key Characteristics & Appeal
This 1983 bi-level home at 63 Jonathan Crescent in Inkster Gardens presents a specific value proposition centered on land and location. Its primary appeal lies in its generous 4,740 sqft lot, which is notably larger than most on its street and in the immediate area. This offers valuable outdoor space and potential. The home itself is compact at 752 sqft of living area, placing it below average in size for the neighborhood and city, but it features a renovated basement and an attached garage.
The property suits practical, value-conscious buyers. It’s ideal for a first-time homeowner comfortable with a smaller interior footprint who prioritizes a larger yard, or an investor looking for a manageable rental property with a stable assessment history. A less obvious perspective is its relative strength on its own street: while smaller, it holds an above-average assessed value and a larger lot compared to its direct neighbors, suggesting it may be a standout property on the block. The data indicates you’re buying into a specific, established street profile more than just the wider neighborhood.
Frequently Asked Questions
1. Is the living space too small?
At 752 sqft, the home is significantly smaller than the Winnipeg average. It will suit those with minimalist needs or who utilize the renovated basement for additional living space. The trade-off is the larger-than-average lot.
2. What does the assessed value tell us?
The assessed value of $37,100 is above average for Jonathan Crescent but below average for Inkster Gardens. This suggests the property is well-regarded on its immediate street but is in a more affordable segment of the broader area.
3. How does the lot size compare?
The 4,740 sqft lot is a key feature. It ranks in the top 12% on Jonathan Crescent, meaning it's substantially larger than most neighboring properties, offering more privacy and room than typical for the street.
4. What is the history of sale prices?
Public data shows a sale in July 2021 in the $35.5k to $38.5k range, closely aligning with the current assessed value. This indicates stable value in recent years.
5. Who are the most likely buyers?
This property is best suited for first-time buyers or investors seeking an affordable entry point with a desirable lot size. It may also appeal to those looking to downsize externally while retaining outdoor space without the upkeep of a larger home.