Property Overview: 119 Cedargrove Crescent, Mission Gardens, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 119 Cedargrove Crescent presents a practical opportunity in Winnipeg's Mission Gardens neighbourhood. Built in 1986, it is newer than many homes in the city and on its own street, suggesting potentially fewer immediate concerns with aging infrastructure. The 1,050 sqft living area is very typical for the immediate area, offering a manageable size for smaller households.

The property's standout feature is its 5,164 sqft lot, which is larger than average for Cedargrove Crescent. This offers valuable outdoor space and potential for gardening, expansion, or simply more privacy than neighbouring properties. A key point for buyers is the home's assessed value, which is notably lower than most on the street and in the Mission Gardens area. This could indicate a more accessible entry point into the neighbourhood, but it also suggests the property may be due for updates or is assessed on a different basis than recently renovated homes.

This home would suit first-time buyers or downsizers looking for a solid, no-frills property in a stable neighbourhood where they can add value over time. It’s also a candidate for a long-term holder who values a larger lot above a turn-key interior. The appeal lies in its relative newness for the street, the generous lot size, and its position as a potentially lower-cost option in the area.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than neighbouring homes?
The assessed value is in the bottom tier for both the street and the broader Mission Gardens area. This typically reflects the property's current condition and market value relative to its peers, and may indicate that the home has not been updated as extensively as others. It's a crucial figure to discuss with a real estate agent to understand the potential for value increase.

2. How does the 1986 build year affect the home?
A 1986 build is considered relatively modern for Winnipeg. While major systems like roof, windows, and furnace may be nearing or past their typical lifespan, the construction standards of that era are generally robust. It likely avoids some of the material concerns of older homes but may still require planned updates.

3. What does the "larger-than-average" lot size mean practically?
With a lot size ranking in the top 28% on its street, you have more outdoor space than most direct neighbours. This allows for larger decks, gardens, play areas, or future additions like a shed or garage, subject to city bylaws. It's a tangible asset that adds to privacy and utility.

4. The home last sold between 2017-2025. How can I find the exact price?
The listing service provides sold price ranges based on public data. To obtain the exact historical sale price, you must request it directly via the email link provided on the detail page. This is a manual process they use to verify serious inquiries.

5. How does this home compare to others in Winnipeg overall?
City-wide, this property is consistently around the middle of the pack for living area, lot size, and assessed value. This highlights that it is a very typical Winnipeg home in terms of scale and official valuation, but its value proposition is most clearly defined when compared directly to its immediate neighbourhood.