Property Overview: 2546 Assiniboine Crescent

Key Characteristics, Appeal & Ideal Buyer

This is a well-established, single-storey home in Winnipeg's Birchwood neighbourhood, sitting on an exceptionally large 14,000 sqft lot. Built in 1959, the home itself offers a generous 1,969 sqft of living space and features a renovated basement and a detached garage. The property’s primary appeal lies in its outstanding lot size and its strong standing within the local market. It ranks in the top tier for land area, living space, and assessed value not just on its street, but across the entire neighbourhood and city. This suggests a property that offers both space and a proven, desirable location.

Its appeal is multifaceted: for those seeking room to garden, play, or potentially expand, the lot is a rare find. The home suits buyers looking for a solid, spacious bungalow with modernized basics in a mature area. It would particularly fit a family or multi-generational household valuing indoor and outdoor space over a brand-new build, or an investor attracted by a property that consistently ranks highly in key metrics for its area. A thoughtful perspective is that while the home is older, its high rankings for value and recent sale price indicate it's in a coveted, stable part of Birchwood—offering a balance of character and investment security.

Frequently Asked Questions

1. How does the 1959 build year affect the home?
While older, the home's recent sale price and high assessment value rankings show it is well-maintained and competitive in its market. Buyers should expect the potential for updates but can be confident in its established desirability.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and permits should be verified through a viewing and inspection to understand its full functionality and value.

3. The lot is large, but how is it shaped and positioned?
The proximity of neighbouring homes (as close as 21 meters) suggests a typical crescent layout. Requesting a survey or lot diagram is advised to understand exact boundaries, potential for fencing, sun exposure, and privacy.

4. The home ranks highly in assessed value but sold for significantly more in 2022. Why?
This is common and indicates strong market demand for the property at that time. The assessed value is for municipal tax purposes, while the sale price reflects what a buyer was willing to pay in the open market, highlighting the home's appeal.

5. What is the neighbourhood feel like given these rankings?
Ranking in the top 3% in Winnipeg for its last sale price and top 6% for assessed value suggests Birchwood, and this specific street, is a consistently high-performing area. This often points to a stable, established community with strong property values.