Property Overview
This one-and-a-half storey home at 1243 Corydon Avenue in Winnipeg's Crescentwood neighbourhood presents a compelling blend of location, lot size, and renovation-ready fundamentals. Its key appeal lies in its position on a vibrant, well-established avenue, coupled with a land parcel that is generous for the street. With a renovated basement and a detached garage, the home offers immediate functionality. The data suggests it is a property of contrasts: while its living space is modest compared to larger Crescentwood estates, its lot size is above average for Corydon Avenue, presenting a valuable canvas for expansion or landscaping. The 1950 build date is newer than many in the area, potentially implying fewer immediate heritage constraints or updates to core systems than much older homes.
This home would suit a specific buyer: perhaps a young professional, small family, or downsizer seeking a prime location without the footprint or upkeep of a massive estate. It’s ideal for someone who values walkability to Corydon Village amenities and is comfortable with a home whose interior space is efficient rather than expansive. The renovated basement adds flexible living or rental potential, appealing to those looking for supplemental income or a separate recreational space. A buyer with a vision for future updates or an addition would find the lot size a significant asset.
Frequently Asked Questions
1. How does the property’s value compare to the neighbourhood?
The home’s last sale price and assessed value are notably below the Crescentwood neighbourhood average. This typically reflects its more modest living area rather than location, positioning it as a more accessible entry point into this desirable area.
2. What does "one-and-a-half storey" mean for this home?
This style often features a main floor with principal rooms and a second floor under sloped roofs, creating cozy bedrooms with character. It can mean less square footage than a full two-storey but offers a classic, charming aesthetic.
3. Is the lot size a significant feature?
Yes. At over 4,700 sqft, the lot ranks in the top third for size on Corydon Avenue itself. For the right buyer, this is a standout feature, offering more outdoor space and potential than many neighbouring properties.
4. What might the "renovated basement" entail?
While specifics aren’t listed, a renovated basement in a home of this era often means updated finishes, improved moisture control, and legal egress. It’s wise to confirm the scope of work, permits, and if it’s developed as a legal suite.
5. Why is the year built (1950) considered an advantage here?
In an older neighbourhood like Crescentwood, a 1950 build is relatively newer. This can suggest updated foundational construction methods, wiring, and plumbing compared to pre-war homes, possibly reducing the urgency for major system overhauls.