Property Overview: 107 Tudor Crescent, Winnipeg
Key Characteristics & Appeal
This home at 107 Tudor Crescent in Munroe East presents a compelling case for value-focused buyers. Built in 1960, its key appeal lies in a generous 6,046 sqft lot that ranks well above average for both the immediate area and the wider city, offering significant outdoor space and potential. While the living area of 1,003 sqft is modest, it is typical for the neighbourhood. The property’s assessed value is notably strong for its street and area, suggesting it is viewed favorably relative to its peers.
This property would suit a first-time buyer, an investor, or a downsizer looking for a manageable home with a large yard in an established neighbourhood. Its appeal is grounded in space and value rather than size or modern finishes. A thoughtful perspective is that this home represents the "bones" of a neighbourhood—a solid, older lot with room to grow or customize, appealing to someone who sees value in land and location over a turn-key interior.
Frequently Asked Questions
1. How does the sold price from 2022 relate to the current assessed value?
The home sold for an estimated $350k–$400k in 2022. The current assessed value is significantly lower, as municipal assessments in Manitoba are for tax purposes and often don't reflect current market value. The assessment indicates the home is valued highly compared to its direct neighbours.
2. What does the lot size ranking actually mean for me?
Ranking in the top 9% for land area in Munroe East means this property has a larger yard than 91% of comparable lots in the neighbourhood. This is a standout feature for gardening, expansion, or simply having more private outdoor space.
3. The living area is ranked "below average" on its street. Is the house too small?
It ranks below the street average (1,077 sqft), but is very close to the Munroe East average (1,009 sqft). This indicates the home is a typical size for the broader area, though some newer or expanded homes on Tudor Crescent are larger. It’s a comfortable size for a smaller household.
4. The home is 66 years old. What should I consider?
Its age is typical for Winnipeg. The key consideration is the condition of major aging components like the roof, windows, plumbing, and electrical systems. A thorough inspection is essential. On a positive note, it was built in an era often known for solid construction and larger lot sizes.
5. Can I get the exact historical sold price?
The precise sale price is not publicly listed in Manitoba. The listing service offers to provide the exact figure via email upon request, as they manually compile this data from non-public sources.