42 Amelia Crescent

Property Overview & Key Characteristics

This 1977 bi-level home at 42 Amelia Crescent in Winnipeg's Valley Gardens neighbourhood presents a practical, value-oriented opportunity. Its key appeal lies in a combination of a larger-than-average lot, a renovated basement, and a price point anchored by a modest assessed value. With 810 sqft of living space, the house itself is compact, but the 5,117 sqft lot offers valuable outdoor space and potential. The home ranks highly for lot size within its immediate street and neighbourhood, suggesting a premium of privacy or yard space not found in many comparable properties.

The property would best suit first-time buyers, downsizers, or investors seeking an entry point into a stable neighbourhood. Its renovated basement adds functional living space, which is a significant asset for a home of this size. A thoughtful perspective is that while the living area is smaller than many modern homes, the generous lot provides a rare opportunity for expansion, gardening, or simply enjoying more open space than is typical in this price range. It’s a property where the land may hold as much value as the structure, appealing to those with a vision for the future or who prioritize outdoor living.

Frequently Asked Questions

1. Is the house particularly small?
Yes, at 810 sqft, the living area is below average for the neighbourhood and city. This indicates a cozy, efficient layout suited for individuals, couples, or small families who prioritize low maintenance and heating costs over abundant indoor space.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A professional inspection or direct inquiry with the seller is necessary to determine if it’s a finished living space, a modernized utility area, or includes legal secondary suite potential.

3. How does the assessed value relate to the likely selling price?
The assessed value for tax purposes ($26,800) is a starting point, but market conditions, the renovated basement, and the desirable lot size typically result in a selling price above this figure. Reviewing the provided sales history of similar homes offers a more accurate gauge.

4. There's no garage. Is street parking readily available?
The listing notes no garage. As the home is on a crescent, traffic is likely minimal, but prospective buyers should visit at different times to assess on-street parking availability for themselves and guests.

5. The home is nearly 50 years old. What should I be concerned about?
As with any home of this age, the roof, windows, foundation, and major systems (plumbing, electrical, HVAC) should be thoroughly evaluated during an inspection. The renovation in the basement should also be checked for proper permits and moisture control.