Property Overview: 180 Enfield Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 180 Enfield Crescent in Norwood East presents a compelling mix of space, location, and value. Its standout feature is the generous 8,487 sqft lot, which is exceptionally large for the area—ranking in the top 2% of Norwood East. This offers significant outdoor potential, from gardening to expansion, setting it apart from typical neighborhood properties.
The 1,200 sqft living space is comfortably average for the area, while the assessed value of $421k sits above average for both the street and the wider neighborhood. This suggests the property is viewed as a premium holding within its immediate community, likely due to its substantial land size. Built in 1940, the home is of a typical vintage for the area, meaning buyers should be prepared for the character and potential maintenance considerations of an older house.
This property would suit a buyer who values outdoor space and sees potential in a larger lot, whether for privacy, recreation, or future projects. It’s ideal for someone looking to invest in a well-located neighborhood where the land itself is a key asset. It may also appeal to those who appreciate a home with an established presence and are comfortable with a property that may require updates over time.
Section 2: Frequently Asked Questions
1. Why is the assessed value notably higher than the neighborhood average?
The primary driver is the property's very large lot size. Assessed values consider land as a major component, and this lot is in the 98th percentile for Norwood East, justifying its above-average valuation.
2. What does the sold price data from 2019 indicate?
The home sold between $350k-$400k in mid-2019. The current assessed value of $421k reflects market changes and the value attributed to the land in the years since. It's a useful benchmark for price progression but not a direct indicator of current market value.
3. Are there any concerns with a home built in 1940?
As with any home of this age, the condition of major systems (roof, plumbing, electrical, foundation) should be carefully evaluated. Its age is typical for Norwood East, so finding contractors familiar with homes from this era is generally easier.
4. How does the living space compare practically?
At 1,200 sqft, the home is slightly smaller than the average on its own street but slightly larger than the immediate area average. It offers a practical footprint for a small family or couple, with the lot providing ample room to potentially expand the living space in the future, subject to approvals.
5. What is the significance of the "Elite" ranking for land area?
This statistical ranking means the lot size is among the very largest in Norwood East. In a mature neighborhood where land is scarce, this is a permanent and valuable advantage, offering more privacy, greenery, and flexibility than most surrounding properties.