Property Overview: 190 Braintree Crescent, Winnipeg

Key Characteristics & Buyer Appeal

This one-storey home in Jameswood presents a compelling opportunity, particularly for its lot size and established neighborhood character. Built in 1957, it is notably older than most homes on its street and in the wider area, which suggests a classic build and potential for updates. The 6,600 sqft lot is a standout feature, offering above-average outdoor space for the area, ranking in the top 6% of Jameswood. The living area of 1,092 sqft is comfortably above average for the immediate vicinity.

The appeal lies in its position as a solid, no-frills property on a generous lot in a mature neighborhood. It suits practical buyers—such as downsizers seeking single-level living, first-time homeowners comfortable with a home of vintage character, or investors looking for a land-value play. Its recent sale in late 2023 indicates a turnkey property, while the older build year invites consideration for future modernization. A thoughtful perspective is that while the home's assessed value is average for the city, its above-average lot size in a established community could offer long-term value that isn't fully captured in current metrics.

Frequently Asked Questions

1. What does the "Elite" ranking for Year Built mean?
This indicates the home, built in 1957, is among the oldest in its comparison groups. On Braintree Crescent, it ranks 3rd oldest out of 81 homes. This can mean well-established landscaping and classic construction, but buyers should factor in the age of major systems like plumbing, electrical, and the roof.

2. Is the lot size a major advantage?
Yes. The 6,600 sqft lot is significantly larger than many in Jameswood (top 6%). This provides ample yard space, potential for gardening, expansion, or additions, subject to local zoning, and generally offers more privacy than newer, denser subdivisions.

3. How does the recent sold price relate to the assessed value?
The home sold for between $27.5k and $30.5k in November 2023, which is close to its current assessed value of $31.7k. This alignment suggests the assessment is grounded in recent market activity, providing a reliable benchmark.

4. What are the implications of a "one-storey" with no basement?
The single-level living is ideal for accessibility or avoiding stairs. The absence of a basement means all living and mechanical systems are on the main floor, simplifying layout but also limiting storage or utility space. Creative use of the generous lot or adding a shed could mitigate storage concerns.

5. Who typically buys in this area?
Jameswood attracts a mix of long-time residents and new families drawn to its established feel. This particular home, with its larger lot and one-storey design, would likely appeal to those seeking stability and space over modern finishes, or buyers viewing the property as a foundation for future renovation.