Property Overview & Appeal
This 1,380 sqft home, built in 1913, is a character property in Winnipeg's established Crescentwood neighborhood. Its key appeal lies in a blend of historic charm and practical updates, notably a renovated basement that adds functional space. The home stands out on its street for its above-average living area and assessed value, offering more interior space than many nearby properties. It would particularly suit a buyer looking for a character home in a central, tree-lined area without the footprint of a massive estate. It’s a practical choice for those who appreciate older architecture but want some modernized elements, and it may appeal to value-conscious buyers noting its above-average metrics for size and assessment within a desirable area.
Frequently Asked Questions
1. What does the ranking data actually mean for a buyer?
The data shows the home compares favorably to its peers. For example, its living area is larger than 79% of similar homes on Grosvenor Avenue, meaning it offers more space than most direct neighbors.
2. The home was built in 1913. What should I be mindful of?
While the basement is renovated, the core structure is over a century old. Prospective buyers should prioritize inspections for foundational integrity, original wiring, plumbing, and insulation standards common to the era.
3. There is no garage. What are the parking options?
The listing indicates no garage. This typically means street parking. It's advisable to check local permit requirements and observe parking availability at different times to assess convenience.
4. The assessed value and recent sale price are very close. What does this indicate?
The close alignment suggests the recent sale was seen as fair and in line with the city’s tax assessment. It can indicate a stable, transparent valuation without a significant premium or discount.
5. How does this home fit within the broader Crescentwood neighborhood?
While its living area is around average for Crescentwood, its assessed value is above the neighborhood average. This can suggest the property is perceived as having desirable features or updates that place it in the upper tier of homes in the area, even if it's not the largest.