Property Overview: 117 Braintree Crescent, Winnipeg

Key Characteristics & Appeal

This one-storey home in Jameswood is a classic, well-situated property that offers solid value and potential. Built in 1957, it is one of the older homes on its street and in the neighbourhood, which often translates to mature landscaping and established community character. Its key physical attributes include a renovated basement, a detached garage, and a living area of 1,029 sqft.

The appeal lies in its strong positioning within its immediate context. While the home's size is average for Jameswood, it stands out for its generous 6,601 sqft lot, which is in the top 5% of the neighbourhood, offering ample outdoor space—a rarity. Furthermore, its assessed value ranks above average for both the street and area, suggesting it is viewed as a premium property within its local market. This combination of a large lot and a renovated basement in a mature neighbourhood suits buyers looking for a manageable single-level layout with room to grow, garden, or simply enjoy private outdoor space. It would particularly suit first-time buyers or downsizers seeking a stable, established area without a massive footprint, and value-conscious buyers who appreciate a home that holds its worth well compared to its immediate peers.

Frequently Asked Questions

1. How does the home’s age affect its value?
While 69 years old, the home’s assessed value is above average for its street and neighbourhood. This indicates that updates (like the renovated basement) and its desirable lot size likely offset typical concerns about an older build. Its age contributes to the mature streetscape but means a thorough inspection is advisable.

2. Is the lot size a significant advantage?
Yes. The lot is notably larger than most in Jameswood (top 5%), offering more privacy and space for activities, gardening, or future expansion like a shed or deck. This is a key differentiator from other homes with similar living areas.

3. How does this property compare to the wider Winnipeg market?
City-wide, the living area is below average and the lot size is above average. This highlights that you are trading some interior square footage for more land—a typical profile for many mature neighbourhoods compared to newer subdivisions.

4. What can the sold price history tell me?
The last recorded sale was in June 2017. The provided range gives a historical benchmark, but for precise current market analysis, obtaining the exact sold price (as offered) is necessary to understand appreciation and value trends accurately.

5. Who would this home not suit?
It may not suit buyers seeking a modern, open-concept layout or those unwilling to potentially manage maintenance items common in older homes. The single-storey design with a basement also means all living space is on one floor, which could be a pro or con depending on needs.