Property Overview: 47 Braintree Crescent, Winnipeg

Key Characteristics & Appeal

This one-storey home in Jameswood is a property defined by its strong local standing and practical updates. Built in 1957, it features a renovated basement and a detached garage on a notably spacious 6,600 sqft lot—a size that ranks well above average for both the immediate street and the wider neighborhood. With 1,029 sqft of living space, it is comfortably sized for the area. The home’s most striking characteristic is its assessed value of $39.80k, which places it in the top tier (top 1-2%) for Braintree Crescent and Jameswood, suggesting it is a higher-value property within its local market context.

The appeal lies in its established, quiet setting and the value derived from its generous lot and recent basement renovation. It suits buyers looking for a solid, no-fuss bungalow in a mature neighborhood, particularly those who prioritize outdoor space and a home that stands out in terms of assessed value on its street. It’s a practical choice for downsizers, first-time buyers, or investors seeking a property with a strong foundational value in a stable community.

Frequently Asked Questions

1. What does the high assessed value relative to the neighborhood mean?
It indicates that, according to municipal assessment, this property is valued significantly higher than most of its immediate neighbors. This often reflects updates, lot size, and overall condition, but it's important to reconcile this with current market valuations.

2. Is the living space sufficient for a family?
At just over 1,000 sqft plus a renovated basement, it offers functional space for a small family or couple. The single-storey layout adds convenience, but those needing more defined or expansive room layouts may find it cozy.

3. How does the lot size benefit a buyer?
The 6,600 sqft lot is a key asset, providing ample yard space for gardening, recreation, or future expansions like a shed or deck—a relative rarity in many city neighborhoods.

4. The home was last sold in 2022. What should I consider?
The sale was just a few years ago, so major changes in condition since then are less likely. It’s wise to inquire about any updates made by the current owners and understand their reason for selling in a relatively short timeframe.

5. Are there any obvious drawbacks from the data?
The living area is below the city-wide average, which is typical for older, established neighborhoods but worth noting if you’re comparing to newer suburbs. The home’s age (69 years) means a thorough inspection of major systems like roof, plumbing, and foundation is essential.