Property Overview: 54 Bathgate Bay, Crescent Park, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in Crescent Park offers a classic Winnipeg footprint with notable updates and a strong value proposition. Built in 1954, its key feature is a generously sized, 6,270 sqft lot that ranks within the top 30% on its own street, providing ample outdoor space that is increasingly rare. The home itself is a manageable 1,180 sqft with a renovated basement, presenting a solid foundation for comfortable living or future customization. A detached garage adds practical utility.

Its appeal lies in its established neighbourhood setting and land value. The property's assessed value ranks above average for its immediate area, suggesting it is a sound investment within a stable community. It particularly suits first-time buyers, downsizers, or value-focused investors looking for a home with a renovated basement in a mature area. The lot size also offers latent potential for gardening, expansion, or simply enjoying more private outdoor space than many newer infill properties provide.

Frequently Asked Questions

1. How does the lot size compare to others?
The 6,270 sqft lot is a standout feature. It is larger than most on Bathgate Bay itself (top 30%) and above the city-wide average, offering more yard space than many comparable properties.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, layout, and whether it includes a legal suite or additional living space.

3. Is the sale price from 2022 relevant today?
The home sold for $45,100 in April 2022. This historical data is useful for understanding past market activity, but the current market value will be determined by recent comparable sales, condition updates, and current market conditions.

4. Who might this home not suit?
Buyers seeking a modern, open-concept layout or a brand-new build may find the 1954 floor plan and modest main living area (1,180 sqft) requires compromise or renovation. It is best for those who value lot size and location over a turnkey modern interior.

5. What is the neighbourhood like?
Crescent Park is a mature, established neighbourhood. The data shows the home's metrics (year built, living area) are very typical for the area, indicating a consistent, character-filled community without extreme highs or lows in property profiles.