Property Overview
2454 Assiniboine Crescent is a well-established two-storey home in Winnipeg's Birchwood neighbourhood. Built in 1959, it sits on a notably large, 11,200 sqft lot, which is a defining feature. The home itself offers 1,924 sqft of living space and includes an attached garage and a renovated basement. Its current assessed value is $620,000.
Key Characteristics & Appeal
The primary appeal of this property is its exceptional lot size, which ranks within the top 18% of its neighbourhood and top 4% city-wide. This offers rare potential for privacy, gardening, expansion, or simply ample outdoor space in a mature setting. Combined with a living area larger than most nearby homes and a renovated basement, it presents a solid foundation in a quiet, established area.
Its value lies in this "land-plus-potential" proposition. It suits buyers looking for a character home with room to grow, whether that means creating a sprawling garden, adding a deck or patio, or eventually updating the living spaces over time. It's less suited for those seeking a new, turn-key build, but ideal for someone who values space and sees the merit in a home that has been partially updated (with the basement renovation) while leaving room for personalization.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on finish quality, layout, and whether it includes a legal suite or additional bedrooms should be verified with the seller or listing agent.
2. How does the 1959 build year affect the home?
While the structure is sound and from a era known for solid construction, prospective buyers should budget for potential updates to major aging components like the roof, windows, plumbing, or electrical systems, and consider an inspection.
3. The lot is large, but are there any restrictions?
The expansive lot is a major asset, but it's wise to check municipal zoning bylaws for any restrictions on future development, such as building setback requirements or heritage designations, before planning significant changes.
4. The assessed value is $620k, but what does that mean for the listing price?
The assessed value is for municipal tax purposes and is not a direct indicator of market value or listing price. Market conditions, the home's specific condition, and recent comparable sales will ultimately determine its price.
5. What is the neighbourhood feel like?
Birchwood is a mature, established neighbourhood. The high lot-size rankings suggest a less dense, more spacious feel compared to many city areas. For insights on community vibe, schools, and amenities, visiting at different times of day and speaking with neighbours is recommended.