Property Overview: 48 Cabot Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 48 Cabot Crescent is a well-established property in the Pulberry neighborhood, built in 1960. With 1,082 square feet of living space on a 5,740 sqft lot, it presents as a classic, manageable-sized home. The data indicates it is consistently below average in size and value for its immediate street, but aligns more closely with city-wide averages, suggesting it offers a more accessible entry point into a stable area.
Its primary appeal lies in its value positioning. The assessed value of $363k is notably below the averages for both its street and neighborhood, while being very close to the city-wide average. This creates a potential opportunity for a buyer seeking a cost-effective foothold in Pulberry. The home suits first-time buyers, downsizers, or practical investors looking for a solid, no-frills property without the premium of a larger or fully renovated home. A thoughtful perspective is that while the home may not lead its street in metrics, it offers the intangible benefit of a mature neighborhood with established infrastructure, potentially translating to lower future special assessment risks compared to newer developments.
Section 2: Frequently Asked Questions
1. Is this a good value compared to the neighborhood?
The data suggests it is priced below the Pulberry neighborhood average for assessed value. This could indicate a relative value, but it's essential to view the property in person to understand the condition and any factors contributing to the lower assessment.
2. How does the lot size compare?
At 5,740 sqft, the lot is below average for Cabot Crescent but around average for the wider city. It offers a typical urban yard space for its era—sufficient for gardening and recreation without being overly burdensome to maintain.
3. The home seems smaller than others on the street. Is that a concern?
The living area is below the street's average. This means it may have fewer or more compact rooms than some neighbors. For buyers seeking efficient, easier-to-maintain spaces, this can be an advantage rather than a drawback.
4. What can recent sold prices tell me?
The property sold between $350k-$400k in May 2024. This sale price range aligns with being below the neighborhood's average assessed value, reinforcing its position as a more affordable option in the area.
5. How can I get the exact historical sold prices?
The exact sale figures are not published publicly on the site. You can request them by email from the provider for a manual lookup. They note this is due to industry data rules, and the service is provided without obligation.