26 Mount Royal Crescent

Property Overview & Appeal

This one-and-a-half storey home in Birchwood is defined by its substantial, mature lot and a recently renovated basement. Its primary appeal lies in the rare combination of a very large, 13,050 sqft property—ranking in the top 3% for lot size across Winnipeg—with a home that presents a manageable footprint. The renovated basement adds valuable modern living space, contrasting with the 1954-built main structure. While the living area is modest compared to the neighbourhood, the assessed value is notably higher than most on the street, suggesting significant updates or desirable attributes not fully captured by the basic stats.

This property would best suit a buyer who prioritizes outdoor space and privacy over a large interior, looking for a home with character and room to grow in a quiet crescent. It’s a practical choice for someone willing to live in an older home that has seen key upgrades, and who values a lot that offers potential for gardens, play space, or future expansion more than brand-new construction.

Frequently Asked Questions

1. How does the large lot impact property taxes?
While the lot size is exceptional, property taxes are primarily based on the assessed value. This home’s assessed value of $500k is higher than most immediate neighbours but is in line with many homes across Winnipeg, so taxes will reflect that valuation rather than the physical land area alone.

2. Is the "renovated basement" a legal suite?
The details provided do not specify if the renovation created a legal secondary suite. This is a critical point to verify with the listing agent and the city, as it affects legality, insurance, and value.

3. The home ranks low for year built on its street. Should I be concerned?
This indicates the other homes on the crescent were built more recently. It doesn’t necessarily mean this home is in poor condition, especially with a renovated basement. It does suggest the neighbourhood is well-established and that this property may have a more classic character compared to its neighbours.

4. What does the disparity between the living area size and assessed value mean?
The living area is on the smaller side for the area, yet the assessed value is quite high. This often points to factors like quality of finishes, the basement renovation, the premium lot size, or desirable interior features that increase its market value beyond pure square footage.

5. Are the "related homes" for sale?
The "People also viewed" list includes properties marked "For reference" and "Worth viewing." These are not necessarily currently for sale; they are homes with similar data points that other buyers have looked at online, provided for market comparison.