72 Harrow Street

Property Overview: 72 Harrow Street, Crescentwood

Key Characteristics & Appeal

This is a substantial, character-filled home in the desirable Crescentwood neighbourhood. Its primary appeal lies in its generous scale and classic two-and-a-half-storey design, built in 1909. With over 3,300 square feet of living space, it ranks within the top 1% of homes citywide for size, offering ample room for a large family or those who value spacious, formal rooms. The property sits on a large, above-average lot of nearly 9,300 square feet, providing significant outdoor space and potential in a mature setting. A renovated basement adds modern functionality to the historic structure. Notably, while its assessed value is above average for Winnipeg, it is positioned as around average for both its immediate street and the Crescentwood area, which could represent a relative value proposition for the neighbourhood.

This home would best suit buyers seeking authentic, pre-war character and space over modern finishes. It’s ideal for those who appreciate established, tree-lined streets and have the vision (and potentially the budget) to steward a 117-year-old home. The lot size also appeals to buyers who prioritize private outdoor space or see long-term value in the land itself.

Frequently Asked Questions

1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but the specific scope, finishes, and whether it includes legal secondary suite potential are not detailed. This would be a key point for further inquiry with the seller.

2. How might the age of the home (1909) affect ownership?
While offering immense character, a home of this age requires careful attention to its foundational systems. Prospective buyers should prioritize inspections for the roof, plumbing, electrical wiring, and foundation. The charm comes with an understanding of ongoing maintenance typical for historic properties.

3. There is no garage listed. What are the parking options?
The property listing does not include a garage. Buyers should verify if there is a driveway, a rear laneway access for off-street parking, or if parking is primarily on-street, and research any associated permits in Crescentwood.

4. The assessed value seems lower than expected for such a large home. Why?
Municipal assessed value for taxation purposes often differs significantly from current market value. This assessment suggests the property may be viewed by the city as having significant room for modernization, which can be an opportunity for a buyer but also indicates that the sale price will be determined by the market, not this figure.

5. How does this home compare to the nearby reference properties?
The provided comparisons show 72 Harrow has less living area than its direct neighbours on the street but sits on a similarly large lot. Its assessed value is notably lower than the other referenced Crescentwood homes, which may reflect condition, specific updates, or the unique valuation of its lot. This underscores the importance of a direct, in-person evaluation.