76 Callum Crescent

Property Overview: 76 Callum Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 76 Callum Crescent in the Rossmere-A neighborhood presents a practical and affordable entry point into the Winnipeg market. Built in 1975, its construction year is notably newer than many homes on its street and in the wider community, which can suggest updated infrastructure or a longer timeline before major system replacements.

The appeal lies in its value positioning. With a living area of 928 sq ft and a lot size of 3,520 sq ft, it is a compact property. Its municipal assessed value is consistently below average for its street, neighborhood, and the entire city, indicating a relatively lower property tax burden. This creates an opportunity for first-time homebuyers, downsizers, or investors seeking a manageable property with foundational equity. The home suits buyers who prioritize financial accessibility over space, and who are comfortable with a property that may require personalization. A thoughtful perspective is that its below-average size and assessment could mean less competition in its price bracket, offering a clearer path to ownership for those on a tight budget.

Section 2: Frequently Asked Questions

1. What does the "below average" assessment value really mean for me?
It primarily indicates a lower municipal property tax bill compared to many homes in Winnipeg. It's a starting point for valuation, but the final market sale price can differ based on condition, updates, and market demand.

2. The home is smaller than average. Is that a major drawback?
It depends on your needs. The efficient footprint means lower utility costs and less maintenance. For a single person, couple, or small family, it can be sufficient, but those needing ample room for growing families or home offices may find it limiting.

3. The home was built in 1975. Should I be concerned about major repairs?
While newer than many area homes, a 1975 build is nearing 50 years old. Key components like the roof, windows, furnace, and plumbing should be carefully inspected, as they are likely at or beyond their typical lifespan and may need attention.

4. How does the 2017 sale price relate to today's value?
The 2017 sale price (listed in the $200k-$250k range) is a historical data point. Current value is driven by today's market conditions, the property's present state, and comparable recent sales. It shows the property's price trajectory but is not a direct indicator of current worth.

5. The lot is smaller than most in Rossmere-A. Is that an issue?
The lot is close to the street average but smaller than the neighborhood norm. This means less outdoor maintenance and yard work—a benefit for some. However, it also means less private outdoor space and potential for expansion, which is a trade-off to consider.