Property Overview
This 1908 two-and-a-half storey home at 893 Grosvenor Avenue in Winnipeg's Crescentwood neighbourhood presents a classic character home with modern updates. Its key appeal lies in the combination of a prime, established location and a renovated basement, offering a blend of historic charm and contemporary livability. At 1,894 sqft, the living space is notably above the city-wide average, providing ample room, though it is more modest compared to some larger homes within Crescentwood itself. The detached garage and a generous 6,020 sqft lot are significant assets in this inner-city area.
The property would suit buyers who value neighbourhood character over sheer size, specifically those seeking a home with historic roots in a desirable area without requiring the largest footprint on the block. It’s a practical choice for someone who appreciates a renovated basement space ready for use and a lot size that offers good outdoor potential. The recent sale in June 2024 provides clear, current market context for value assessment.
Frequently Asked Questions
Is this considered a large home for the area?
While its living area is above average for Winnipeg overall, it is slightly below the average for the Crescentwood neighbourhood specifically. It offers very comfortable space but is not among the largest estate-style homes in the area.
What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on the finish quality, ceiling height, legal compliance, or permitted uses (e.g., suite potential) are not provided. This would be a key point for buyer verification.
How does the assessed value relate to the recent sale price?
The property was assessed at $52,800 but sold for $54,500 in June 2024. This indicates the market value slightly exceeded the city's assessment, which is common, and provides a solid, recent benchmark for its worth.
Are there any concerns with a 118-year-old home?
The year built (1908) is older than most homes on its street and in the city. While charm is a major draw, prospective buyers should prioritize inspections for foundational integrity, wiring, plumbing, and insulation to understand the balance of character and potential upkeep.
What is the significance of the lot size?
At over 6,000 sqft, the lot is a substantial feature. For Crescentwood, it’s around average, but it offers valuable outdoor space for gardens, recreation, or future additions—a relative luxury in mature neighbourhoods.