Property Overview: 171 Braintree Crescent, Winnipeg
Key Characteristics & Appeal
This one-storey home in Jameswood presents a straightforward, no-frills opportunity. Built in 1957, its key characteristic is its notably low assessed value, which sits well below averages for the street, neighborhood, and city. With 1,040 sqft of living space and a 5,598 sqft lot, its size is consistently average for the area, meaning it offers functional space without premium square footage.
The primary appeal lies in its position as an entry-point property. It suits buyers seeking minimal property tax exposure or those with a budget focused on location over size or modern finishes. A less obvious perspective is its potential for a buyer who values a "blank slate." The home's below-average valuation for the street might indicate it's ripe for updates, allowing for equity growth through renovation rather than paying a premium for a already-upgraded home. It would likely suit a first-time buyer, an investor looking for a rental with low carrying costs, or someone downsizing who prioritizes financial efficiency over expansive space.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
While the exact reasons aren't listed, a significantly lower assessment often reflects the home's condition, age of major systems, or a lack of modern renovations compared to peers. It's a key point for discussion with a home inspector.
2. What does "Top 96%" for assessed value on the street mean?
This percentile ranking means the home's assessed value is higher than only 4% of comparable homes on Braintree Crescent (rank 78 out of 81). In simpler terms, its official valuation is among the lowest on the street.
3. Is the lot size a disadvantage?
At just under 5,600 sqft, the lot is smaller than many on its specific street but is typical for the wider Jameswood area. It offers standard backyard space for a city home without extensive maintenance.
4. How recent are the sale price estimates shown?
The data includes a sale as recent as December 2024, with previous sales in 2022 and 2017. This provides a clear, recent trend of the home's market activity.
5. Where can I find the exact historical sold prices?
The precise sale prices are not publicly displayed. You can request them directly via the email prompt on the listing page; the service commits to providing the accurate figures manually without using your email for marketing.