Property Overview: 146 Braintree Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Jameswood is defined by its generous, above-average lot size of over 6,600 sqft, which stands out as a top-tier feature both for the street and the wider neighborhood. Built in 1957, the house itself is older, with a living area slightly above the local average. The appeal here is fundamentally in the land: it offers significant outdoor space and potential in a mature, established area. The home’s assessed value is modest relative to the city, suggesting an entry point into the market.

This property would suit a practical buyer who values space and privacy over a modern or recently renovated home. It’s a candidate for someone comfortable with a project, whether that’s updating the existing structure, exploring an addition, or simply enjoying one of the larger yards in the area. The steady, incremental increase in sold prices over recent years indicates a stable, if not rapidly appreciating, investment for a patient owner.

Section 2: Frequently Asked Questions

1. Is this a good value for the neighborhood?
The data suggests it presents a value opportunity. While the lot size is in the top tier for Jameswood, the assessed and recent sold prices have consistently been around or below the area average, indicating you may be paying more for the land than the current structure.

2. What does the older year of build (1957) mean for me?
It places this home among the earliest in the area. This typically means mature trees and established character, but a proactive inspection for aging components like the roof, foundation, plumbing, and electrical systems is essential.

3. The home has no basement or garage. How big of a drawback is this?
This significantly impacts storage and utility space. Buyers need to realistically assess their storage needs and consider the cost of adding a shed or future garage. The large lot does provide flexibility for such an addition.

4. How stable is the property’s value?
Sold price history shows consistent, moderate growth over the past several years, with no dramatic peaks or valleys. This points to a stable, predictable market for the home, not a high-risk, high-reward scenario.

5. Who are the most likely neighbors?
Given the age of the home and the stability of the area, you can expect a mix of long-term residents who have settled in the neighborhood and other practical homeowners who were attracted by similar lot characteristics and value.