Property Overview: 14 Girdwood Crescent, Winnipeg
Key Characteristics & Appeal
This 1,125 sqft bungalow, built in 1975, presents a compelling case for value-focused buyers. Its primary appeal lies in its strong standing within its immediate neighbourhood of Munroe East. The home offers above-average living space for the area, ranking in the top 15%, and sits on a generous 4,063 sqft lot that is significantly larger than most on its own street. This combination suggests a well-sized home with ample outdoor space for its locale.
The property’s assessed value is notably low, which is a double-edged sword. It indicates a potentially lower property tax burden and an accessible entry point into the market. However, it also suggests the home may require modernization or updates compared to the broader city average. This profile suits first-time buyers, practical downsizers, or investors looking for a solid footprint in a stable neighbourhood without a premium price tag. It’s a home for those who see value in space and location over immediate move-in readiness, offering a clear canvas for adding value over time.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed value is for municipal tax purposes and is influenced by factors like home condition, specific location, and recent sales in the immediate area. A lower assessment often reflects an older home in need of updates, but it can also mean lower annual property taxes.
2. How does the lot size compare practically?
At over 4,000 sqft, the lot is larger than most on Girdwood Crescent, offering more private outdoor space than neighbours. However, it is smaller than the typical lot in both Munroe East and Winnipeg overall, so expectations should be set for a suburban-sized yard, not an expansive one.
3. The home last sold between 2017-2025. Can I find out the exact price?
The exact sold price is not publicly listed. You can submit your email via the provided button to request it manually from the listing service. They state they do not use emails for marketing and aim to reply by the end of the same day.
4. What does the "Elite" ranking for Year Built mean on its street?
It simply means 14 Girdwood Crescent is one of the newest homes on its specific street, tied with the average build year of 1975 for the top-ranked group. It doesn't imply luxury, but rather that it's relatively newer compared to its direct neighbours.
5. Is this a good investment for future resale?
The data suggests potential. The home already ranks well for space on its street and in the area. Modernizing an older home with a good lot size in an established neighbourhood is a classic value-add strategy. Its current below-average assessment provides a lower cost base to start from.