Property Overview

This 1910 two-and-a-half storey home in Crescentwood is a substantial property defined by its generous scale and prime location. Its key appeal lies in offering significantly more space—both indoors and on the lot—than most homes in Winnipeg. With over 2,800 square feet of living area on a 7,677 square foot lot, it ranks in the top tier citywide for size. The home features an attached garage and a renovated basement. While its 1910 build date means it is older than most area homes, this also contributes to its character and places it on a street of similar, well-established properties. The assessed value reflects its elite standing among city properties.

This home would best suit a buyer looking for a large, classic property in a desirable neighbourhood, who values space and location over modern construction. It’s ideal for those who appreciate the character of a century-old home and have the means or vision to maintain or update it. The sheer scale makes it fit for a growing or multi-generational family, or someone who prioritizes ample room and garden space over a brand-new build.

Frequently Asked Questions

1. What does the "Elite" or "Top 1%" ranking for living area actually mean?
It means this home's interior square footage is larger than 99% of all residential properties in Winnipeg, offering a rare amount of living space compared to the typical city home.

2. The home was built in 1910. Should I be concerned?
It places the home among the older properties in the area, which is typical for Crescentwood. This suggests potential for classic architectural charm but also means buyers should pay particular attention to the condition of major systems (roof, wiring, plumbing) and the scope of any past updates during an inspection.

3. How can the assessed value be so much lower than the last sale price?
Municipal assessed value for property tax purposes is often different from market value. The 2019 sale price is a historical market transaction, while the assessment is an administrative valuation that may not reflect current market conditions or recent changes.

4. The lot is large, but what does that practically offer?
Beyond a sizable yard, a lot of this scale (top 13% citywide) provides greater privacy, room for landscaping or gardens, and potential for future additions like a deck or garage, subject to local bylaws. It's a long-term asset that is scarce in many parts of the city.

5. Who are the likely neighbours in this area?
The listing shows nearby properties on the same street are also on large lots, suggesting a consistent, established streetscape. The "similar assessed value" examples are geographically scattered, indicating that this home's value is tied more to its specific characteristics and Crescentwood location than to a broader city-wide trend.