Property Overview: 2600 Assiniboine Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This home is defined by its substantial, mature lot and its established character. Sitting on a large 8,526 sqft parcel in Birchwood, the property offers a rare sense of space and privacy for an inner-city setting. The house itself is a one-and-a-half storey build from 1923, presenting a classic architectural style with 1,542 sqft of living space. It features a basement, but it is noted as not being renovated.

The primary appeal lies in the land itself—a canvas for gardening, expansion, or simply enjoying outdoor room that is increasingly uncommon. Its last known sale was in late 2021, suggesting a potential for equity growth in a stable neighbourhood. This property would best suit a buyer who values lot size over immediate move-in readiness, such as a renovator looking for a character home with "good bones," a family seeking a long-term project with a huge backyard, or an investor attracted by the underlying land value in a well-ranked area of the city.

A less obvious perspective is the home’s age: while 103 years old places it among the older homes in Winnipeg, it ranks in the top 6% for newer builds on its own street, indicating a historic and well-established streetscape. This offers a unique charm but necessitates a thorough inspection and budget for updates and maintenance.

Section 2: Frequently Asked Questions

1. What does "not renovated" for the basement imply?
This typically means the basement retains its original or older state, likely with foundational systems (like plumbing, electrical, insulation) that may be dated. It should be considered unfinished or partly finished space requiring inspection and potential investment to modernize.

2. How significant is the lot size?
At over 8,500 sqft, the lot is a major feature. It ranks highly for size within Winnipeg (top 10%), offering more outdoor space than most comparable properties. This allows for possibilities like adding a garage, creating extensive gardens, or future expansions, subject to city bylaws.

3. The home is over 100 years old. What should I be most concerned about?
Prospective buyers should prioritize inspections for the foundation, roof, wiring, and plumbing. Historical charm comes with the responsibility of maintaining and updating century-old systems. Energy efficiency and window updates are also common considerations for homes of this era.

4. There's no garage. Can one be built?
Given the large lot size, there is likely space to add a garage or carport. This would require checking specific municipal zoning regulations, setback rules, and obtaining the necessary permits. The lot dimension is a key advantage here.

5. The assessed value is much lower than the 2021 sale price. Why?
Municipal assessed value is for tax purposes and often lags behind market value. The 2021 sale price is a better indicator of the home's market value at that time. The gap suggests the property may have unique attributes (like its large lot) that the market values beyond the tax assessment.