54 Mccallum Crescent

Property Overview

54 McCallum Crescent is a well-established, single-storey home in Southboine, Winnipeg. Built in 1978, it sits on a spacious 6,130 sqft lot and offers 1,394 sqft of living space with a finished basement and an attached garage.

Its appeal lies in its generous lot size—ranking in the top third for land area city-wide—offering significant outdoor potential in a mature neighbourhood. The home presents a practical, grounded opportunity. It’s newer than most on its street and has a city assessment value that places it in the top 25% of Winnipeg, suggesting solid underlying value relative to its community. The finished basement adds immediate functional living space.

This property would suit a buyer looking for a manageable single-level layout with room to grow outdoors, or an investor/renovator who sees value in the lot size and the home’s above-average city-wide rankings for its age and assessed value. It’s a home for those prioritizing space and potential over a modern turn-key finish.

Key Questions for Consideration

1. What is the condition of the major mechanical systems (roof, furnace, etc.) given the home's age?
   A 48-year-old home will have had updates; understanding the age and state of these critical components is essential for budgeting.

2. How does the finished basement conform to code, and what is its ceiling height and moisture management like?
   Basement finishes in older homes can vary in quality; verifying it’s a dry, legally finished space ensures it’s a true asset.

3. What are the typical property taxes for this home?
   With an assessed value of $451,000, requesting the current annual tax amount provides a clear picture of ongoing ownership costs.

4. What is the parking and traffic like on this crescent?
   While generally quiet, crescents can sometimes become informal parking areas; it’s wise to observe at different times to confirm.

5. What specific updates or renovations have been completed in the last 10-15 years?
   Beyond the finished basement, knowing about updates to kitchens, bathrooms, windows, or insulation helps gauge modernization efforts and near-term needs.