Property Overview: 63 Tracy Crescent, Winnipeg
Key Characteristics & Appeal
This 1,150 sqft bungalow in Pulberry, built in 1973, presents a practical and straightforward opportunity. Its primary appeal lies in its solid city-wide value positioning. With an assessed value of $395k, it sits slightly above the Winnipeg average for comparable homes, suggesting a fair market entry point. The home is notably the newest on its block, which is a distinct advantage for maintenance and potential systems updates compared to immediate neighbors.
The lot, while smaller than others on Tracy Crescent, is still above average in size city-wide, offering decent outdoor space for its urban setting. This property would suit first-time buyers or downsizers looking for a manageable footprint without a premium lot size, and value-focused buyers who appreciate the benefit of a newer construction year on a mature street. It’s a home that trades top-tier street statistics for a balanced, no-surprises profile in the broader market.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $395k is a municipal calculation for tax purposes. While it provides a benchmark—showing the home is valued above the city average but below its immediate street average—the final sale price will be determined by current market conditions, the home’s interior condition, and buyer demand.
2. The home is ranked lowest on the street for lot size. Is this a major drawback?
While it has the smallest lot on Tracy Crescent, the 6,292 sqft property is still larger than the average Winnipeg lot. This means you may have less private space than your direct neighbors, but you’re not compromising on a typical urban yard. It could be ideal for those who want outdoor space without extensive upkeep.
3. What does it mean that the home is the newest on the street?
Built in 1973, this home is the most recently constructed among the 27 comparable homes on Tracy Crescent. This can be a positive indicator for the age of major components like roofing, foundation, and plumbing compared to older neighboring houses, potentially implying fewer near-term upgrades.
4. Why is there no sales history shown for this listing?
The platform does not have access to MLS sales records. You can request the exact sales history by emailing the site administrators, who will manually retrieve and provide the information, typically by the end of the same day.
5. How does the living area compare to typical homes in Winnipeg?
At 1,150 sqft, the living area is slightly below the Winnipeg average for comparable homes. This indicates a more compact, efficient layout. Buyers should consider if the space meets their needs, weighing it against the advantages of a newer build and a manageable lot.