Property Overview
91 Brewer Crescent presents a practical, no-frills home in Winnipeg's Munroe East neighbourhood. Its key appeal lies in being a modest, low-cost entry point into homeownership, particularly suited for those prioritizing land and a newer build over interior space.
Key Characteristics & Appeal
This is a compact, 928 sqft bungalow built in 1978, sitting on a 3,399 sqft lot. The data reveals a clear profile: while its living area and assessed value are below average for its street, area, and the wider city, it stands out in two specific ways. First, it is one of the newest homes on its street. Second, it offers a larger-than-average lot for Brewer Crescent, providing valuable outdoor space relative to its immediate neighbours.
The property’s primary appeal is its affordability, as indicated by its consistently below-average assessed value. It would suit a first-time buyer, an investor looking for a rental property, or someone seeking a downsized home with a manageable yard. A less obvious perspective is that its newer build date (for the street) could suggest updated core systems compared to neighbouring homes, potentially reducing immediate repair costs. Its value is in its land and fundamentals, not its size or assessed valuation.
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 the home's size, age, and the local market. 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 larger, newer, or more premium properties.
2. What does it mean that the home is "newer" for the street?
Built in 1978, this home is the newest or among the newest on Brewer Crescent. In practical terms, this can sometimes mean elements like wiring, plumbing, or the roof may be from a later era of building standards than older neighbouring houses, though a specific inspection is needed to confirm the condition.
3. How usable is the larger lot size?
At 3,399 sqft, the lot is larger than others on the street but smaller than typical lots in Munroe East and across Winnipeg. It offers decent private outdoor space for a garden, patio, or storage shed, making it a good feature for a home of this size.
4. What can the past sale price range tell me?
The home sold between $150,000 and $200,000 in 2019. This provides a historical benchmark, but the current market value will depend on today's conditions, the property's state, and recent comparable sales.
5. How do the rankings and "Top X%" work?
These rankings compare this home against groups of similar properties. For example, "Top 88%" for living area means its square footage is greater than only 12% of comparable homes on its street, placing it in the smaller tier. Conversely, "Top 8%" for land area on the street means its lot size is larger than 92% of its immediate neighbours.