Property Overview

This one-storey bungalow at 26 Montcalm Crescent in Winnipeg's Garden City neighbourhood presents a solid, mid-century family home on a generous lot. Built in 1966, its key characteristics include 1,579 sqft of living space, an attached garage, and a full, unrenovated basement offering clear potential. The 6,596 sqft lot is notably larger than many in the wider area.

Its appeal lies in its established, quiet crescent location and its above-average space both inside and out compared to many Winnipeg homes. The property sits comfortably within the norms of its immediate street while offering more room than typical for the city, suggesting good value for the square footage. The unrenovated basement is a blank canvas, allowing a new owner to customize without the premium of a finished space.

This home would suit a practical buyer looking for space and a traditional layout in a mature neighbourhood. It’s ideal for a family seeking a large yard, a DIY enthusiast or investor who sees value in the basement's potential, or a downsizer wanting single-level living without feeling cramped. It represents a grounded choice for those prioritizing lot size and living area over modern finishes.

Frequently Asked Questions

How does this home compare in size to others nearby?
The living area is very close to the average for Montcalm Crescent itself. However, it is notably larger than the average home across both the broader Garden City area and the city of Winnipeg as a whole, offering more interior space than many comparable properties.

Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($381,000) is a municipal calculation for tax purposes and is often different from market value. It serves as a useful benchmark, showing this home is priced around the middle of the pack for the street but above average for the Garden City community. Recent sold prices on the street and for similar assessed values elsewhere in the city should be reviewed for a clearer market picture.

What does "basement not renovated" imply?
This indicates the basement is in original or utilitarian condition. It is likely a blank space with concrete floors and basic walls, requiring investment to finish. For some buyers, this is a downside due to immediate cost; for others, it's a benefit, as it allows for a custom layout and avoids paying a premium for someone else’s potentially dated renovation.

How does the lot size impact the property's value?
The lot of nearly 6,600 sqft is a significant feature, ranking above average for both Garden City and Winnipeg. This provides ample outdoor space for gardening, play, or expansion, and is a less replaceable asset than interior finishes, often contributing to long-term value and appeal.

The home last sold in late 2022. What should I consider?
A relatively recent sale means the current price will be influenced by the owner's purchase price and any market changes since. It’s important to understand their reason for selling and what, if any, updates have been made in the last few years. This history can provide context for the current listing price.