Property Overview

This 1914 two-and-a-half storey home in Crescentwood offers classic character paired with practical considerations. Its 1,824 sqft of living space is comfortably above the Winnipeg average, providing ample room, though it sits on a smaller, 3,030 sqft lot for the neighbourhood. Key features include a detached garage and an unrenovated basement, presenting both immediate functionality and future potential. The home’s assessed value is modest relative to the city, suggesting a potentially accessible entry point into a desirable area.

The appeal lies in securing a character home in a well-regarded neighbourhood without the premium often attached to larger estate lots. It suits a buyer who values established communities and architectural history over expansive private outdoor space, and who is comfortable with a home that may benefit from personal updates over time. A thoughtful perspective is that the smaller lot translates to less yard maintenance, aligning with a simpler lifestyle, while the unrenovated basement offers a blank canvas for customization without the cost of undoing someone else’s finished work.

Frequently Asked Questions

1. How does the lot size impact the property?
While the lot is smaller than most in Crescentwood, it provides a manageable outdoor space. This can be a benefit for those seeking lower maintenance, but it’s important for buyers to personally assess if the yard meets their needs for privacy, gardening, or recreation.

2. What does “unrenovated basement” typically mean?
It indicates the basement is in original or utilitarian condition, likely with concrete floors and unfinished walls. It provides ample storage and mechanical space, and offers the opportunity to finish it to your own specifications and budget in the future.

3. Is the assessed value a reliable indicator of the sale price?
Not directly. The assessed value is for municipal tax purposes. The last known sale was in 2017 for $380,000. Market conditions, property demand, and the home’s specific condition will determine the final sale price.

4. What are the implications of a 1914 build date?
You can expect classic craftsmanship and character details, but also the need for diligent maintenance. Prospective buyers should prioritize a thorough inspection to understand the condition of major aged components like the roof, plumbing, and wiring.

5. Who are the most likely neighbours or comparable properties?
The immediate neighbours are other single-family homes on Dorchester Avenue. In terms of municipal valuation, similar assessed-value properties are found across various city neighbourhoods, highlighting that this home’s value proposition is specifically tied to its location in Crescentwood.