Property Overview

This 1913 two-and-a-half storey home in Crescentwood is defined by its generous proportions and established location. Its primary appeal lies in its substantial scale: with over 3,180 square feet of living space, it ranks in the top 1% citywide for size, offering rare interior volume for the market. The property sits on a large 6,321 sqft lot, which is above average for both the street and the city, providing ample outdoor space. It features a detached garage and an unrenovated basement, presenting a classic canvas. The home last sold in 2017.

This property would best suit a specific buyer: those looking for a project-focused home with "good bones" and abundant space, whether for a growing family, a multi-generational living arrangement, or a long-term renovation vision. It appeals to buyers who value character and the established, tree-lined streets of Crescentwood over modern finishes, and who have the capacity to update the home to their own standards over time. The value proposition is centered on land and footprint, not immediate move-in readiness.

Frequently Asked Questions

1. What does "unrenovated basement" typically imply?
It generally means the basement retains its original or older state, likely with foundational systems (like plumbing, electrical, and insulation) that may not meet current standards. It presents both a blank slate for finishing and a potential priority for inspection regarding moisture control and updates.

2. The assessed value is listed at $61.70k, but it sold for $43.50k in 2017. Which figure is relevant?
Neither is the current market price. The assessed value is for municipal tax purposes. The 2017 sale price is a historical data point. A current market valuation would require a professional appraisal or comparative market analysis based on recent sales of similar properties.

3. The living area is in the top 1% citywide. What are the trade-offs?
While offering exceptional space, a home of this age and size often comes with proportionally higher costs for heating, maintenance, and future renovations. The efficiency and upkeep cost per square foot can be significantly higher than in a newer, average-sized home.

4. How significant is the lot size?
At over 6,300 sqft, the lot is a key asset. It provides privacy, room for gardens or additions, and is a permanently scarce feature in mature neighbourhoods. This aspect of the property's value is unlikely to depreciate.

5. The home is older than most in Winnipeg. What should I consider?
Its 1913 construction means it has pre-dated many modern building codes and materials. While built with durable materials, prospective buyers should prioritize inspections for the foundation, roof, wiring, and plumbing. The charm of original details is often paired with the need for specialized restoration or updates.