67 Tudor Crescent

Property Overview: 67 Tudor Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 67 Tudor Crescent is a practical, no-frills property that presents a clear value proposition. Built in 1960, it is a modest 916 sqft bungalow situated on a decent 5,499 sqft lot in the Munroe East neighbourhood. The data indicates its living space is below average for its immediate street and the wider city, suggesting a compact and efficient layout. Its standout feature is the lot size, which is notably larger than many other properties in the Munroe East area, offering valuable outdoor space that is less common locally.

The primary appeal lies in its position as an accessible entry point into the Winnipeg market. With a historically low assessed value compared to city averages, it represents a lower barrier to homeownership. This isn't a luxury property, but a solid, honest home. It would suit first-time buyers, investors looking for a rental property, or downsizers seeking a manageable space without a large yard to maintain. A thoughtful perspective is that its older vintage (1960) is actually newer than most on its specific street, potentially meaning major components like the roof or foundation could be in a different, possibly more updated, cycle than its direct neighbours. The value here is in the land and location more than the structure itself.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
Assessed values are for municipal tax purposes and are influenced by many factors, including home size, age, and specific location. This home's below-average square footage and its location in a neighbourhood with generally more modest homes result in a lower assessment compared to the city-wide average, which includes newer, larger homes in more expensive areas.

2. What does the lot size ranking mean for me?
While the lot is slightly below the average for Tudor Crescent itself, it ranks in the top 23% for size within the broader Munroe East area. This means you're getting more outdoor space than is typical for this particular community, which could be a advantage for gardening, children, or future expansion.

3. The home last sold between 2019-2025 for an estimated $200k-$250k. What would it sell for now?
The exact sold price is not publicly disclosed. The provided range is an estimate based on available data. Current market conditions, the property's condition, and recent upgrades will determine its present value. For the precise historical sale price, you can request it directly from the site.

4. Is a 916 sqft home too small?
This depends entirely on your needs. It is below the average size for Winnipeg. This makes it efficient and cost-effective to heat and maintain, well-suited for 1-2 people. Buyers with a growing family or who need dedicated office space may find it cramped, highlighting the importance of evaluating the layout during a viewing.

5. How does the age of the home (1960) affect things?
A home from this era will likely have undergone several updates. While systems like wiring and plumbing may have been modernized, a thorough inspection is crucial to understand the condition of the roof, foundation, and windows. Its age is typical for the neighbourhood, so finding contractors familiar with homes of this vintage should be straightforward.