Property Overview: 1135 Grosvenor Avenue, Crescentwood
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1938, presents a unique profile in the desirable Crescentwood neighborhood. Its key appeal lies in the combination of a prime location and a manageable scale. At 1,139 sqft of living space, it is notably smaller than most homes on Grosvenor Avenue and in Crescentwood overall, but this positions it as a more accessible entry point into a prestigious area known for larger, historic properties. The home sits on a generous 6,054 sqft lot, offering valuable outdoor space that is above average for Winnipeg.
The renovated basement adds functional living space, and the detached garage provides utility. Its assessed value is modest for the immediate street and neighborhood, yet it ranks above average citywide, highlighting the premium of its location. This property would ideally suit first-time buyers or downsizers seeking the character and prestige of Crescentwood without the footprint or price tag of a large estate home. It’s a practical option for those who value location and land over sheer interior size, offering the potential to personalize a solid, older home in a mature, tree-lined setting.
Frequently Asked Questions
1. Is the house unusually small for the area?
Yes. The living area is significantly below the average for both Grosvenor Avenue and the Crescentwood neighborhood. This is a defining characteristic that affects both its price point and its target buyer.
2. What does the "renovated basement" include?
The provided details do not specify the extent or quality of the renovation. We recommend this be a key point of inquiry with the listing agent to understand the finish, ceiling height, and permitted uses.
3. How does the assessed value compare to the likely selling price?
The home was last sold in 2017 for $31,200, and is now assessed at $46,100. In a high-demand area like Crescentwood, the final selling price is typically determined by current market competition and may differ significantly from both these figures.
4. Is the 1938 build date a concern?
While newer than many homes on the street, a house of this age will likely have older building components. Prospective buyers should budget for potential updates to systems like wiring, plumbing, or the roof, and consider a thorough inspection.
5. Who might this property not suit?
It may not suit buyers looking for a move-in-ready, modern open-concept layout, or families requiring substantial above-grade bedroom and living space. The appeal is rooted in location and potential, rather than immediate, ample square footage.