Property Overview
This 1913 two-and-a-half storey home at 1025 Dorchester Avenue in Crescentwood presents a distinct profile. Its key appeal lies in its established neighbourhood and efficient, renovated layout. At 1,538 sqft, the living space is notably compact for Crescentwood, where most homes are larger, yet it is above the citywide average. This creates an interesting value proposition: you are acquiring a character home in a desirable area without the upkeep of a typically large estate. The lot is modest for the neighbourhood at 3,030 sqft, suggesting a more manageable yard. The home features a renovated basement and a detached garage.
It would suit buyers seeking character and location over sheer size—perhaps downsizers wanting to stay in Crescentwood, first-time buyers entering a premium area, or those who prefer a more efficient, modernized footprint within a historic setting. Its below-average assessed value for the area indicates a potentially accessible price point for the neighbourhood, but buyers should be prepared for the maintenance inherent to a 113-year-old structure.
Frequently Asked Questions
1. How does the home’s size compare to others in Crescentwood?
The living area is below the neighbourhood average. It ranks in the bottom 23% for size in Crescentwood, making it one of the more compact homes in the area, which typically features larger estates.
2. Is the assessed value a reliable indicator of the likely sale price?
Not directly. The home last sold for $310,000 in 2016, while its current assessed value is $39,900. In Manitoba, assessed value is for municipal tax purposes and is often significantly lower than market value. The 2016 sale price is a more relevant benchmark, though market conditions have changed since then.
3. What are the implications of having a smaller lot in this area?
The lot is significantly smaller than most in Crescentwood, ranking in the bottom 2% of the neighbourhood for land area. This means less outdoor maintenance but also less private outdoor space compared to neighbours. It may also influence future expansion potential.
4. The home is described as “around average” for the street itself. What does that mean?
Compared specifically to other homes on Dorchester Avenue, its living space and assessed value are much closer to the street's average. This suggests the property is more typical of its immediate streetscape than of the broader, larger Crescentwood area.
5. What is the significance of the detached garage?
A detached garage is common for homes of this era. It offers flexibility (e.g., for a workshop or storage) but means dealing with winter weather when going between your car and house. Its condition and proximity to the house should be considered.