Property Overview
104 Yale Avenue is a classic two-storey home in Winnipeg's established Crescentwood neighbourhood. Built in 1928, it sits on a notably large lot of over 9,300 square feet, which is a standout feature placing it in the top tier of properties locally for land size. The home itself offers 2,176 square feet of living space, which is comfortably above average for the city. It includes a renovated basement and a detached garage.
The appeal lies in its prime location within a desirable, tree-lined area and the significant potential offered by its expansive lot. It suits buyers looking for a character home in a central neighbourhood, whether they intend to live in it as-is, envision a future renovation, or value the rare possibility for additions or landscaping that such a large parcel allows. It’s a property that offers both immediate livability and long-term potential.
Key Details & Questions
What are the key characteristics?
This is a character home from 1928 on an exceptionally large lot (9,302 sq ft). It has above-average living space (2,176 sq ft), a renovated basement, and a detached garage. Its assessed value is consistently above average for its street, neighbourhood, and the wider city.
Where does its main appeal lie?
Beyond the desirable Crescentwood address, the primary appeal is the lot size. It offers a rare level of outdoor space and privacy for an inner-city neighbourhood, presenting opportunities for gardens, recreation, or future expansion that are hard to find.
Who would this property suit best?
It would suit buyers seeking a home in a mature, central neighbourhood who value space and potential over a brand-new build. It’s ideal for those who appreciate character homes and have an eye for the possibilities a large lot presents, whether for family life, entertaining, or a custom renovation project.
Frequently Asked Questions
1. Is the house in good condition given its age?
The listing notes a renovated basement, suggesting some updates have been made. As with any home nearly 100 years old, a thorough inspection is essential to understand the condition of major systems, the foundation, and the main living areas.
2. How does the sale history affect the current price?
The home last sold in late 2016. The market has changed significantly since then, so the current asking price will be based on recent comparable sales and the home's updated assessed value, not its previous sale price.
3. What are the benefits of such a large lot?
A lot of this size in Crescentwood is uncommon. Benefits include greater privacy, space for landscaping or gardens, room for children or pets to play, and potential for additions like a deck, patio, or even a secondary structure (subject to zoning bylaws).
4. What does the "above average" assessed value mean?
The assessed value is higher than most similar homes on its street, in Crescentwood, and across Winnipeg. This generally reflects the property's desirable attributes—like its large lot and location—in the city's valuation model, but it is not a direct indicator of market selling price.
5. Are there any obvious drawbacks to consider?
The home's age means potential for higher maintenance costs. Some buyers may prefer a more modern layout or newer mechanical systems. The detached garage, while a plus, may be less convenient than an attached one during Winnipeg winters.