Property Overview
This one-storey home at 3 Royal Crescent in Winnipeg's Jefferson neighbourhood presents a compelling opportunity centered on space and location. Its primary appeal lies in the generous 6,717 sqft lot, which ranks in the top 5% on its street and top 3% in Jefferson, offering significant outdoor space and potential in a mature area. The 1,360 sqft living area is comfortably above average for both the immediate street and the wider neighbourhood. Built in 1955, the home features a renovated basement and a detached garage. The assessed value sits above average for its local context, suggesting a well-regarded position within the market.
This property would suit a buyer looking for a solid, spacious lot in a stable neighbourhood, potentially a downsizer seeking single-level living with room for gardens or a family valuing private outdoor space over a brand-new home. It also appeals to those who appreciate a home with a renovated basement for extra living space and see value in a property that performs well against local benchmarks.
Frequently Asked Questions
How does the home's size compare to others nearby?
The living space is 1,360 sqft, which is notably larger than the average home on Royal Crescent (~1,049 sqft) and in the Jefferson area (~1,029 sqft). It offers more interior space than most comparable local properties.
What is the standout feature of this property?
The land size is the most distinctive asset. At over 6,700 sqft, the lot is exceptionally large for the area, offering rare potential for gardening, expansion, or simply ample private yard space.
Is the assessed value a reliable indicator of the selling price?
The assessed value is $33.80k, which is above average for the street and neighbourhood. It's a useful benchmark for municipal taxation, but the final sale price is determined by the current market. Recent nearby sales can provide a more direct guide.
What does the "above average" ranking for Year Built mean?
Built in 1955, the home is slightly newer than many in the Jefferson area, ranking in the top 14%. This suggests the neighbourhood is well-established, and the home may have benefited from updates over time, like the renovated basement.
How can I find out the exact historical sale prices?
Exact sold prices are not publicly displayed in detail. The listing service offers to provide this specific history manually via email upon request, with data sourced from recent public records.