Property Overview: 54 Cabot Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 54 Cabot Crescent is a classic, mid-century bungalow in the Pulberry neighborhood, built in 1960. With 1,148 sqft of living space on a 5,740 sqft lot, its key metrics are consistently "around average" when compared to the wider neighborhood and city, offering a solid, no-surprises foundation. Its appeal lies in this very stability and the opportunity it presents. The assessed value of $375k is notably below the street average, which could indicate room for value growth or simply reflect the home’s original condition, making it a potential candidate for updates. The lot size, while below the street average, is still generous for the area.

This property would suit pragmatic first-time buyers or investors looking for an entry point into a well-established neighborhood without a premium price tag. It’s also a fit for those who see potential in a home that may benefit from modernization, allowing them to add value over time. A less obvious perspective is that its "average" rankings across the board suggest a predictable and low-risk investment in a mature community, free from the volatility or extreme comparisons that can come with newer or more unique homes.

Section 2: Frequently Asked Questions

1. Is the below-average assessed value a concern?
Not necessarily. It places the home on the more affordable end of its street, which can be an advantage for a buyer. The value may reflect the home’s age and potential need for updates rather than a fundamental issue, making it a strategic purchase for someone willing to invest in renovations.

2. How does the living space compare to nearby homes?
At 1,148 sqft, the living area is very close to the street average (1,211 sqft) and is typical for the Pulberry neighborhood. It offers functional space for a small family or couple without the excess that can drive up costs and maintenance.

3. What is the significance of the lot size?
The lot is slightly smaller than others on Cabot Crescent but is still a good size for city living. It provides ample yard space for gardening or recreation while potentially requiring less upkeep than larger lots on the street.

4. What can recent sales on the street tell me?
A nearby, very similar home at 31 Weaver Bay (built 1960, 1,068 sqft) recently sold and has an assessed value of $380k. This provides a strong, recent benchmark, suggesting the asking price for 54 Cabot Crescent is likely aligned with current market values for homes of this vintage and size in Pulberry.

5. How can I get the exact historical sold price for this home?
The site provides sold price ranges for context. To obtain the exact, verified sale history and figures, you must request a manual lookup via email from the service, as they do not display MLS data directly on the site.