Property Overview: 1239 Corydon Avenue, Crescentwood, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home on Corydon Avenue is a solid, established property in the desirable Crescentwood neighbourhood. Built in 1950, it offers 1,455 sqft of living space with a renovated basement and a detached garage. Its key appeal lies in its above-average positioning within its immediate streetscape; compared to other homes on Corydon Avenue, it ranks in the top quarter for both living area and assessed value. This suggests a well-maintained and relatively spacious home for its specific location.

The property suits buyers looking for a character home in a prime, central neighbourhood without the footprint of a massive estate. It’s ideal for small families, professionals, or downsizers who value walkability, mature trees, and community charm over a brand-new build. A thoughtful perspective is that this home represents a "sweet spot" on the street—offering more space and a higher perceived value than many direct neighbours, while the lot size is typical for the area. This could provide a sense of space and investment within a highly sought-after enclave.

Frequently Asked Questions

1. How does this home compare to others in Crescentwood?
While the home ranks above average on its own street, within the broader Crescentwood area it has a more average assessed value and a below-average lot size. This indicates you’re purchasing for the neighbourhood prestige and location, with a home that is comfortable but not among the largest estates in the area.

2. What does the assessed value indicate?
The assessed value of $45,800k is above average for both the street and the city. It’s important to note this is a municipal valuation for tax purposes, not a market price. The last recorded sale was in May 2022 for $43.50k.

3. Is the lot size a constraint?
At 4,822 sqft, the lot is around average for Corydon Avenue but below the Crescentwood average. This likely means a more manageable yard with less maintenance, but may limit potential for large additions or pool installation compared to larger lots in the neighbourhood.

4. What are the implications of the "renovated basement"?
A renovated basement adds valuable finished living space to the 1,455 sqft main footprint. Prospective buyers should inquire about the quality, permits, and the basement’s suitability (e.g., as a family room, suite, or office) and ensure it is properly waterproofed.

5. Who might this home not suit?
Buyers seeking a very large lot, a modern open-concept layout, or a home that ranks at the very top of the Crescentwood market in terms of size and value may find this property too modest. It’s best for those who prioritize location and character on a more efficient scale.