Property Overview: 71 Granada Crescent, Heritage Park, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This two-storey home on Granada Crescent is a standout property in Winnipeg's Heritage Park neighborhood, primarily due to its generous living space. With 2,349 square feet, it offers significantly more room than most comparable homes on its street, in the area, and across the city, placing it in the top 4% for size. Built in 1970, it features an attached garage and a renovated basement. The assessed value of $420,000 is above average for the immediate street and neighborhood.

The core appeal lies in its spacious interior within a well-established community. It suits buyers who prioritize ample living area over a large yard, as the lot size is slightly below the street average. This is an ideal home for a growing family, multi-generational living, or anyone who values room to spread out and has outgrown the typical footprint of area homes. The renovated basement adds modern, functional space. A thoughtful perspective is that this property represents a "value-through-volume" proposition in its market segment—you're acquiring above-average square footage in a stable neighborhood at an assessed value that is competitive relative to the space offered.

Frequently Asked Questions

1. How does the sold price range from March 2025 relate to the assessed value?
The reported sold price range of $44.5k to $47.5k appears to be a truncated figure. In context, this likely represents a sale in the mid-$400,000s, which would align closely with the $420,000 assessed value. For the exact sale price, you can request the information directly via the listing service.

2. Is the lot size a disadvantage?
While the land area is below the average for Granada Crescent itself, it is very much in line with the averages for the wider Heritage Park neighborhood and the city. The trade-off is clear: this property prioritizes a larger house on a standard-sized lot, which will suit many buyers perfectly.

3. What does the "Elite" ranking for living area actually mean?
It means this home is larger than approximately 96% of comparable homes citywide. In practical terms, you are getting a house that is about 1,000 square feet larger than the typical Winnipeg home, offering rare interior volume for the market.

4. The home was built in 1970. What should I consider?
While the basement has been renovated, the core structure and major systems (like roof, plumbing, and electrical) are over 50 years old. A thorough inspection is essential to understand the condition and any needed updates or maintenance specific to this era of construction.

5. How does this property fit within Heritage Park?
The data shows it's a home of contrasts within its immediate context. It has one of the largest living areas on the street (ranked 1st of 25) but a more modest lot size (ranked 18th of 25). This suggests it offers a unique product within the neighborhood—exceptional interior space in a setting where larger lots are more common.