Property Summary: 2427 Assiniboine Crescent, Winnipeg
Key Characteristics & Appeal
This is a well-established, renovated one-storey home in the Birchwood neighbourhood, built in 1960. Its primary appeal lies in its generous, mature lot of nearly 7,000 sq ft—a significant size that ranks in the top 24% for its street—offering substantial outdoor space in a city setting. The home itself features a renovated basement and an attached garage, providing practical, modernized living space. The data suggests it’s a property with solid fundamentals: its assessed value is consistent with similar homes in adjacent areas, and its last sale in 2019 was below the current average for the street, indicating potential for maintained or growing equity.
The property would suit buyers looking for a grounded, long-term home in a quiet neighbourhood without the premium of a brand-new build. It’s ideal for those who value private outdoor space for gardening, play, or expansion over a larger interior footprint. The single-storey layout also makes it a practical consideration for multi-generational living or for planning ahead for accessibility. A thoughtful perspective is that while the home’s living area is average for the area, the lot size is a standout feature that cannot be replicated in newer subdivisions, offering a rare blend of established community and personal space.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The 6,960 sq ft lot is a key feature, ranking in the top quarter of properties on Assiniboine Crescent. It is substantially larger than many standard city lots, offering ample yard space.
2. What does the "renovated basement" include?
The listing confirms the basement has been renovated, but specific details on finishes, layout, or permits should be verified with the seller or listing agent to understand the full scope and quality.
3. Is the price in line with the neighbourhood?
The home’s assessed value is very close to several comparable properties in nearby Elmhurst, and its last sold price in 2019 was below the current street average, suggesting its value is consistent with market fundamentals for similar homes.
4. What is the Birchwood neighbourhood like?
Birchwood is a mature neighbourhood with homes primarily from the mid-20th century. The property rankings show it falls in the middle ranges for area and value within the neighbourhood, indicating it’s a typical, well-established part of the community.
5. How does the age of the home affect things?
Built in 1960, the home is older than 77% of properties in Birchwood. While the basement renovation addresses part of the interior, a buyer should factor in potential updates to major aging components like the roof, windows, or mechanical systems, balanced against the character and lot size that come with an older home.