Property Overview
183 Yale Avenue is a character home in Winnipeg's established Crescentwood neighbourhood. Built in 1906, it's a one-and-three-quarter storey house with a renovated basement and a detached garage. The property stands out for its generous 6,502 sqft lot, which is significantly larger than most on its street and in the wider city. While the 1,854 sqft living area is comfortably above average for Winnipeg, it is more modest compared to some larger historic homes in Crescentwood. This creates a unique profile: a century-old home on a substantial, private lot without the extensive square footage that often accompanies such properties.
Key Characteristics & Appeal
The primary appeal of this home lies in its balance of historic charm and practical space. The large lot is a major asset, offering rare potential for gardens, expansion, or simply more privacy in a central neighbourhood. The renovated basement adds functional living space. Its assessed value ranks highly city-wide, suggesting a solid investment in a desirable area.
It would suit a buyer looking for a character property without the overwhelming scale or maintenance of a massive estate. It's ideal for someone who values outdoor space over excessive indoor square footage, perhaps a small family, a couple, or an individual seeking a established neighbourhood feel. A thoughtful perspective is that this property offers a "blank canvas" within a historic shell—the lot size allows for future modifications like an addition, a workshop, or landscaping projects that wouldn't be possible on a standard city lot, making it appealing to a buyer with a vision.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common architectural style for homes of this era. It typically means the second floor has full-height ceilings in the center of the house, with sloped ceilings or dormer windows in the bedrooms, creating a cozy, character-filled upper level.
2. The home was built in 1906. What should I consider?
While it offers undeniable charm, a home of this age will likely have older systems (plumbing, electrical, roof) that require attention or may have been updated over time. A thorough inspection is essential to understand the condition of these elements alongside the renovated basement.
3. The lot is large, but the living area is smaller than some neighbours. Is that typical?
In Crescentwood, it's a mix. This property is somewhat unique in having a lot size in the top tier for the street while having a living area that is more average for the neighbourhood. This could be seen as a benefit, offering more outdoor space and potential without the higher utility and maintenance costs of a very large house.
4. How does the assessed value relate to the likely sale price?
The assessed value ($56.60k) is for municipal tax purposes and is typically much lower than market value. The last known sale was in 2016 for $50.70k. The current market price would be determined by recent sales of comparable homes, location demand, and the property's condition.
5. What is the neighbourhood like?
Crescentwood is a mature, sought-after neighbourhood known for tree-lined streets, historic architecture, and a central location near parks, the Assiniboine River, and amenities. It attracts buyers looking for established community character within the city.