5 Taft Crescent

Property Overview

5 Taft Crescent is a well-proportioned family home in the established Lord Roberts neighbourhood. Built in 1976, it offers 1,362 sqft of living space on a 2,370 sqft lot. The home presents a compelling value proposition, particularly for its immediate area, where its living space and modern build date stand out against older, often smaller, comparables.

Key Characteristics & Appeal

The primary appeal of this property lies in its above-average size and relatively modern construction for the neighbourhood. With a living area ranking in the top 12% on its own street and a build year that is the newest on Taft Crescent, it offers more contemporary comforts than many surrounding homes. Its assessed value is modest compared to the Winnipeg city-wide average, suggesting a potentially accessible entry point into a mature community.

This home would suit first-time buyers or downsizers seeking a manageable, move-in-ready size in a central location without a premium price tag. It also appeals to the value-conscious buyer who prioritizes interior space and a newer build over a large yard, as the lot size is more compact compared to other areas of the city. A thoughtful perspective is that this property represents a "sweet spot"—it's modern enough to avoid major immediate renovations, yet established within a community with mature infrastructure and character, offering stability that newer subdivisions may not.

Frequently Asked Questions

1. How does this home compare to others in Lord Roberts?
The home is above average in Lord Roberts for living space (top 15%) and year built (top 8%), meaning it's both larger and newer than most in the neighbourhood. Its lot size, however, is smaller than the area average.

2. What is the likely price range based on recent sales?
The home sold between $200,000 and $250,000 in 2019. For a precise sold price, you can request the exact history via email from the listing source.

3. Who determines the assessed value and what does it indicate?
The assessed value of $287,000 is set by municipal tax authorities for taxation purposes. It is above average for the street but below the Winnipeg city-wide average, indicating a property that holds value well in its local context without carrying the premium of some broader city markets.

4. What are the less obvious pros and cons of a 1976 build?
A key advantage is that construction standards from this era often feature more robust materials than some later decades, while still including modern wiring and plumbing. A consideration is that some original components, like windows or roofing, may be nearing the end of their typical lifespan and could require attention.

5. Is the lot size a limitation?
At 2,370 sqft, the yard is smaller than many in Winnipeg but is a typical size for its specific street and neighbourhood. It suits those preferring lower-maintenance outdoor space while still allowing for a patio or garden. It is not suited for those desiring extensive landscaping, large play structures, or significant privacy from neighbours.