Property Overview: 42 Capulet Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This single-storey home, built in 1973, sits on a notably spacious lot in the Buchanan neighbourhood. Its primary appeal lies in a combination of generous outdoor space and a renovated basement, offering room to grow. With over 8,100 square feet of land, the property provides a significant yard that is well above average for both the immediate street and the wider neighbourhood—a rarity for inner-city living. The home itself, with 1,145 sqft of living space, is comfortably sized for its category.

The property would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing outdoor privacy. It’s also a practical canvas for those with a vision; the large lot presents a long-term opportunity for expansion or landscaping, while the already-renovated basement adds immediate functional living space. A thoughtful perspective is that the below-average assessed value for the street may indicate an opportunity in a well-established area, assuming the condition aligns with buyer expectations. It’s a home that balances ready-to-use features with clear potential for future value addition.

Section 2: Frequently Asked Questions

1. How does the lot size compare to others?
The 8,148 sqft lot is a standout feature. It ranks in the top 8% for size within the Buchanan neighbourhood, meaning it’s significantly larger than most comparable local properties.

2. What does the “renovated basement” include?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes a legal suite or additional bedrooms should be verified with the selling agent or through a viewing.

3. Is the home older than others on the street?
Built in 1973, it is slightly older than the average home on Capulet Crescent (avg. 1975), but is typical for the area and city overall. A proper inspection is recommended to understand the condition of major systems like roof, wiring, and plumbing.

4. There’s no garage. Is street parking sufficient?
The listing shows no garage. Buyers should visit at different times to assess on-street parking availability in front of the home and on the crescent.

5. The last sale was in 2016. Why is that relevant?
The home sold for $290,000 in March 2016. This provides a historical benchmark, but the current market value will be influenced by changes to the property, the neighbourhood, and broader market conditions since that date.