Property Summary: 4 Amelia Crescent, Valley Gardens, Winnipeg
Section 1: Overview & Appeal
This well-situated home at 4 Amelia Crescent presents a practical opportunity in Winnipeg's Valley Gardens neighborhood. Its key characteristic is a clear value proposition: you get a home with a living area (1,172 sqft) that is very typical for its immediate street and neighborhood, at an assessed value significantly below area averages. This creates a potentially lower entry point into a stable, established community.
The appeal lies in this balance of adequate space and relative affordability within the context of its surroundings. The home, built in 1976, is of a standard vintage for the area. A less obvious perspective is the lot size, which is notably smaller than most on the street and in the wider area. For some buyers, this translates to lower maintenance and yard work, which can be a practical advantage. Conversely, it may offer less privacy or expansion potential compared to neighbors.
This property would best suit first-time buyers or practical downsizers seeking a foothold in a mature neighborhood without a premium price tag. It’s for those who prioritize interior space and location over a large yard, and who see the below-average assessment as a foundation for building equity.
Section 2: Frequently Asked Questions
1. Is the below-average assessed value a concern?
Not necessarily. It primarily indicates this property is valued lower than many comparable homes in the area, which can mean a more accessible purchase price and potentially lower property taxes. It warrants a closer look during a viewing to understand the specific reasons, which could range from the smaller lot to interior condition or updates.
2. How does the smaller lot size impact the property?
The land area is considerably smaller than the street and neighborhood averages. This means less exterior maintenance and potentially lower landscaping costs. The trade-off is limited outdoor private space and less distance from neighboring homes, which is an important consideration for privacy and future projects like additions or decks.
3. Is the living space sufficient for a family?
The living area is squarely average for both Amelia Crescent and the Valley Gardens neighborhood, aligning with the typical footprint of many homes in the area. It should comfortably accommodate a small to medium-sized family, similar to many other households on the street.
4. What does the 1976 build year imply?
Built in the mid-1970s, this home is neither the newest nor the oldest on the street. It falls within a common construction period for the area, meaning buyers should anticipate maintenance and systems (like roofing, windows, plumbing, and electrical) typical of that era. A thorough home inspection is always recommended.
5. How does this home rank within its immediate area?
The data shows a consistent profile: its living space is typical, but it stands out for having a significantly lower assessed value and a much smaller lot compared to its direct neighbors on Amelia Crescent. This defines its unique position as a more affordable option on the street, with a different balance of indoor versus outdoor space.