Property Overview: 1045 Dorchester Avenue, Crescentwood
Key Characteristics & Appeal
This property is a classic two-and-a-half storey home built in 1912, situated on a notably spacious lot in the established Crescentwood neighbourhood. Its primary appeal lies in its land value and location. The lot size of over 6,000 square feet ranks in the top 8% for Dorchester Avenue, offering above-average outdoor space and potential in a prime area. While the living area is comfortable and typical for the street, the home presents as a solid, unrenovated character property with a functional detached garage and an unfinished basement.
It would best suit a specific type of buyer: those who value lot size and location over move-in-ready finishes. This is an ideal project for a buyer looking to put their own stamp on a character home, whether through gradual updates or a significant renovation. It also represents a strong entry point into a desirable neighbourhood where the value is firmly anchored in the land itself. A thoughtful perspective is that the home’s "average" metrics within its immediate area underscore its authenticity as a core Crescentwood property, not an outlier, offering a genuine piece of the neighbourhood’s fabric to be restored or reimagined.
Frequently Asked Questions
1. Is the sale price significantly different from the assessed value?
No, the recent sale price of $58,900 is closely aligned with the assessed value of $56,700, suggesting the sale reflected the property's current official valuation.
2. How does the lot size compare to other properties?
The lot is a key feature. At 6,064 sq ft, it is larger than most on its street (top 8%) and in the city overall (top 29%), but is near the average for the broader Crescentwood area.
3. What should I know about the condition of the home?
The listing notes the basement is "not renovated," and the home’s age (1912) indicates that major systems, the roof, and windows likely require evaluation. It should be considered a project home.
4. Is the living space large for a home of this era?
At just over 2,000 sq ft, the living area is typical for Dorchester Avenue and Crescentwood. However, it ranks well above the citywide average, offering more interior space than many Winnipeg homes.
5. How does this property fit within the neighbourhood?
The data shows it is a very representative Crescentwood property. Its age, living area, and assessed value are all around the neighbourhood average, while its lot size is a standout feature even in this desirable area.