Property Overview: 56 Cabot Crescent, Winnipeg
Key Characteristics & Appeal
This home at 56 Cabot Crescent is a well-sized, mid-century property in the Pulberry neighborhood, presenting a solid and practical opportunity. Its primary appeal lies in its generous 1,446 sqft living area, which ranks well above average for its immediate street and local area, suggesting a spacious interior layout compared to many nearby homes. Built in 1960, it is a classic Winnipeg property that may appeal to buyers comfortable with the character and potential update projects of an older home.
The assessed value of $387k is consistently around the average benchmark at every comparison level—street, neighborhood, and city-wide. This indicates a stable, market-aligned valuation without significant premium or discount. The lot size of 5,740 sqft is slightly below the street average but aligns more closely with city-wide norms.
This property would suit a buyer looking for established community feel, more interior space than is typical for the block, and a home that represents a median investment in the area. It’s a pragmatic choice for those prioritizing space over a newer build date or the largest lot, and who see value in a home that doesn’t carry an inflated price tag relative to its surroundings.
Frequently Asked Questions
1. Is this house a good value compared to its neighbors?
The data suggests it is priced very in line with the market. Its assessed value is average for the street and slightly below the neighborhood average, while offering more living space than most homes on the block. This could represent a fair value proposition for buyers who prioritize interior square footage.
2. What does the "Below Average" ranking for Year Built mean?
The home was built in 1960, which is slightly older than many comparable homes on its street and in Pulberry. Buyers should anticipate features and systems consistent with its age and factor in potential maintenance or updates, which is typical for much of Winnipeg’s housing stock.
3. How accurate is the sold price data from 2016?
The listed sale from 2016 is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site, which they provide via email.
4. The lot size is ranked below average for the street. Is that a concern?
At 5,740 sqft, the lot is smaller than the street average of 6,450 sqft but is closer to the Winnipeg city-wide average. It may mean a moderately smaller yard than some immediate neighbors, but it is not an outlier for the city overall.
5. Who would this property not be ideal for?
It may not suit buyers seeking a modern, turn-key home without any renovation projects, or those for whom a very large yard is a top priority. It also might not attract investors looking for a property significantly under-assessed value, as its valuation is firmly in the middle of the pack.