Property Summary: 21 Royal Crescent, Winnipeg
Key Characteristics & Appeal
This is a well-situated, one-storey home in the Jefferson neighbourhood, built in 1956. Its primary appeal lies in its balance of established community character and practical updates. The home features a renovated basement and a detached garage on a notably generous lot for the immediate area—over 5,100 sqft—which is above average for Royal Crescent. With just under 1,000 sqft of living space, it is a comfortably sized bungalow that aligns with the typical scale of homes on its street and in Jefferson.
The property’s assessed value positions it solidly in the middle of the local market, suggesting it is priced in line with neighbourhood expectations rather than being an outlier. A thoughtful perspective is that while the home’s size is modest by wider city standards, it offers a larger-than-average yard for its specific crescent, presenting a valuable opportunity for outdoor space, gardening, or future expansion in a mature area.
This home would suit first-time buyers or downsizers looking for a manageable, single-level layout in a stable neighbourhood. It’s also a practical fit for those who value a bit more land without venturing into more suburban settings, and who appreciate a home that has seen some modernization (like the basement) but retains its original, classic footprint.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The land area of 5,172 sqft is above the average for Royal Crescent itself, meaning you’re getting a larger yard than many of the immediate neighbours, which is a distinct advantage on this street.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value places the home around the middle of the pack for both the street and the Jefferson area, suggesting it is not unusually high or low for its location. Market conditions and the home’s specific condition will ultimately determine the sale price.
3. What should I know about a home built in 1956?
While the basement has been renovated, the core structure is from the mid-1950s. Prospective buyers should have standard inspections for a home of this age, paying attention to the original components like the foundation, plumbing, and electrical systems.
4. How does the living space feel for a family?
At 992 sqft, the living area is typical for a bungalow of its era. It may feel cozy for a growing family but is often well-suited for one or two people. The renovated basement could provide valuable additional flexible space.
5. The last recorded sale was in 2019; is more detailed price history available?
Exact sold price records are not publicly displayed in detail. The listing service offers to provide the precise historical sale price via email request, which can give a clearer picture of past market value.