Property Overview: 87 Tudor Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This 1959-built home in Munroe East presents a distinct value proposition centered on its generous lot. The 995 sqft living space is compact and below average for the immediate street, but the property’s true standout feature is its 6,047 sqft land area, which ranks in the top 14% on Tudor Crescent and the top 8% in the wider neighbourhood. This creates significant potential for expansion, gardening, or outdoor living.

The home’s assessed value is notably above average for both the street and Munroe East, suggesting official recognition of its underlying property value or recent improvements. Its last known sale was between $300k-$350k in mid-2020.

The appeal lies in a "land-first" opportunity. It suits a buyer comfortable with a modestly sized, older home who prioritizes a larger, private yard over interior square footage. It’s a practical fit for a first-time buyer looking for a footprint to grow into, a downsizer wanting ample outdoor space, or an investor recognizing the lot’s inherent value for future redevelopment.

Section 2: Frequently Asked Questions

1. Is the house too small for a family?
At 995 sqft, the living space is efficient. It would suit a small family or those willing to utilize a finished basement (if present) or plan a future addition, for which the large lot is a major advantage.

2. Why is the assessed value high relative to the home's size?
Municipal assessments consider multiple factors, including land value. The above-average assessment here likely reflects the premium lot size and the general desirability of the street and Munroe East area.

3. What does the sold price range from 2020 tell us?
The $300k-$350k sale five years ago provides a historical benchmark. Current market value will depend on updates made since then and prevailing market conditions. The exact sold price is available upon request from the site.

4. How does the age of the home affect things?
Built in 1959, the home is of a typical age for the area. Buyers should budget for expected maintenance or updates to older mechanical systems, windows, or insulation, which is common for homes of this vintage.

5. Are the lot size rankings reliable?
The data shows the lot is consistently larger than most comparable properties on the street, in the neighbourhood, and across Winnipeg. This is a verifiable, objective advantage that offers more flexibility than a standard city lot.