Property Overview

This 1914 two-and-a-half storey home in Crescentwood offers a blend of historic charm and practical updates. Its key appeal lies in its established, desirable neighbourhood and a renovated basement that adds functional living space. At 1,514 sqft, the living area is notably efficient; it's above average for the city overall, yet more modest compared to some larger homes in Crescentwood itself. This creates a unique position: you get the prestige and tree-lined streets of a classic area without the upkeep of an exceptionally large property. The detached garage and a manageable 3,032 sqft lot further underscore its suitability for those seeking character without excessive maintenance.

The home would suit a buyer who values location and heritage over sheer size—perhaps a small family, a couple, or an empty-nester looking to downsize into a vibrant community. It's for someone who appreciates a home with a story (built in 1914) but also values modern, livable conditions, as evidenced by the renovated basement. The data suggests it's a financially accessible point of entry into one of Winnipeg's more distinguished neighbourhoods.

Frequently Asked Questions

1. How does the size of this home compare to others in the area?
While its living space is above the city-wide average, it is more compact than the typical Crescentwood home. This can be an advantage for buyers seeking the neighbourhood's appeal with less square footage to maintain and heat.

2. What does the assessed value indicate?
The assessed value is below average for Crescentwood but around average for its specific street and the city. This often reflects the home's more modest proportions for the area and suggests a potentially lower property tax burden than larger estates in the same neighbourhood.

3. Is the lot size a concern?
The lot is smaller than most in Crescentwood. This means less yard maintenance, which many buyers see as a benefit. However, it also means limited space for expansions, large gardens, or extensive outdoor recreation.

4. What can be inferred from the 2020 sale price?
The home sold for slightly below its assessed value at that time. This historical data point can be a useful reference, but market conditions have likely shifted since. It's best to consult a current market evaluation.

5. Who might the "comparable" homes with similar assessed values be?
The listed comparables are in neighbourhoods like Elmhurst and Varsity View. This indicates that, from a municipal assessment perspective, this home offers a similar valuation proposition but within the distinct—and often more sought-after—Crescentwood locale.