Property Overview: 896 Corydon Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Corydon Avenue in the Earl Grey neighbourhood stands out for its generous scale and established location. Its primary appeal lies in its substantial 2,624 sqft of living space, which ranks in the top 1% of homes both on its street and within the desirable Earl Grey area. This offers rare room for a growing family or those who value spacious, traditional layouts. The home features an attached garage and a renovated basement, adding modern functionality. Built in 1952, it is a newer construction compared to many peers in its historic neighbourhood.
The property suits buyers looking for a well-above-average sized home in a prime, established community without needing a sprawling lot. It’s ideal for those who prioritize interior space over massive yard maintenance. The assessed value of $500k positions it as a premium offering in Earl Grey (top 5%), suggesting a home with above-standard finishes or updates. A thoughtful perspective is that while the lot size is average for the street, it is notably larger than most in Earl Grey, offering a good balance of indoor and outdoor space for the area. The 2022 sale price of $520k indicates a stable and appreciating market for this specific property type.
Section 2: Frequently Asked Questions
1. How does the living space compare to typical Winnipeg homes?
With 2,624 sqft, this home is significantly larger than average. It ranks in the top 2% city-wide for living area, being nearly double the size of the typical Winnipeg home (avg. ~1,342 sqft).
2. Is the assessed value in line with the sale price?
The current assessed value is $500k. The home last sold in June 2022 for $520k, which was a premium price at the time, ranking in the top 4% for the Earl Grey area. This suggests the home commands value based on its size, location, and condition.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific scope, quality, and permits for this work are not detailed. This is a key point for buyers to investigate during a viewing and through their home inspection.
4. How does the lot size affect the property's value in this context?
The 4,817 sqft lot is slightly below the street average but ranks in the top 7% within Earl Grey, where lots are generally smaller. This means the property offers a yard that is spacious for the neighbourhood while prioritizing a much larger-than-average house footprint.
5. Is a 1952-built home considered old for the area?
No, it is actually newer than most. In the historic Earl Grey neighbourhood, this home's 1952 build year ranks in the top 14%, making it a relatively newer construction compared to its local peers.