Property Overview
This 2,754 sqft, two-and-a-half storey home on a 6,046 sqft lot in Crescentwood offers a blend of historic character and above-average space. Built in 1912, its key appeal lies in its generous proportions and prime location. The home features a renovated basement and an attached garage. Its living area ranks in the top 9% on its street and top 2% city-wide, indicating a truly spacious interior relative to most Winnipeg homes. While the assessed value is strong for the street, it sits around the neighborhood average, which could present value in a sought-after area. The property suits buyers looking for a substantial, classic home in an established neighborhood, who appreciate space over new construction and are prepared for the upkeep of a century-old property. A thoughtful perspective is that its "around average" standing within Crescentwood itself suggests it fits seamlessly into the fabric of this desirable area, rather than being an outlier.
Frequently Asked Questions
1. How does the home's size compare practically?
At 2,754 sqft, the living space is significantly larger than the average Winnipeg home (top 2% city-wide) and above average for both the street and Crescentwood, indicating ample room for a family, home offices, or entertaining.
2. What does the assessed value tell us?
The $60.70k assessment is above average for the street and city, but around the middle range for Crescentwood specifically. This can suggest the home is fairly valued within its premium neighborhood context, not over-assessed relative to its immediate peers.
3. Is the older year of build a concern?
Built in 1912, the home is typical for its historic neighborhood. While it may require diligent maintenance and potential updates, it is not an anomaly for the area. Buyers should prioritize a thorough inspection to understand the condition of major systems.
4. How does the lot size impact the property?
The lot is over 6,000 sqft, which is above average for the street and city. In Crescentwood, it's closer to the neighborhood average, meaning it offers generous outdoor space that is consistent with the area's character, not an exceptionally large yard.
5. What can we infer from the recent sale?
The home sold for $590k in March 2024. This sale price ranked in the top 6% for the street, confirming strong buyer demand for this specific property and providing a clear, recent market-value benchmark.