Property Overview
160 Yale Avenue is a substantial, historic home in Winnipeg's desirable Crescentwood neighbourhood. Built in 1913, this two-and-a-half storey home stands out for its exceptional scale, featuring nearly 4,906 square feet of living space and sitting on a large 10,070 square foot lot. The home includes a renovated basement and a detached garage. Its current assessed value is $1.01M, and it last sold in December 2017 for $870,000.
Key Characteristics & Appeal
The primary appeal of this property lies in its rare combination of grand, historic proportions and a premier location. With a living area ranking in the top 1% city-wide, it offers a level of space that is increasingly uncommon, particularly in established, central neighbourhoods. The lot size is also a significant asset, placing in the top 5% on its own street, which provides ample outdoor privacy and potential.
This home would best suit a buyer who values character, space, and location over modern construction. It’s ideal for a family seeking a long-term home with room to grow, or for someone who appreciates the architectural presence of an older home and is prepared for its stewardship. The appeal is not in being a new build, but in owning a established, stately property in one of Winnipeg’s most sought-after areas. A thoughtful perspective is that while the 1913 build date places it below average in age rankings, this is precisely what defines its character; it’s for a buyer who sees the value in century-old craftsmanship and the story of a home, not just its year of construction.
Frequently Asked Questions
1. What does the "Elite – 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, making it exceptionally spacious compared to the typical home.
2. The assessed value is $1.01M, but it sold for $870k in 2017. What should I consider?
The sale price is several years old and reflects the market at that time. The current assessed value is an estimate for taxation purposes, not a market price. A buyer should consider recent comparable sales in Crescentwood to determine its present market value.
3. Is the older year of build (1913) a concern?
It depends on the buyer's priorities. It indicates the home will likely have classic architectural charm but may also require careful attention to aging components like wiring, plumbing, or the foundation. A thorough inspection is essential.
4. What are the advantages of a detached garage versus an attached one?
A detached garage can offer more flexibility for lot use and potential renovations, and may reduce noise in the main house. However, it is less convenient for accessing your vehicle in Winnipeg winters.
5. How does the lot size compare to others in the area?
At over 10,000 sq ft, the lot is significantly larger than the average for both Yale Avenue and the Crescentwood neighbourhood, offering more outdoor space and greater distance from neighbours.