Property Overview & Key Characteristics
This home at 174 Yale Avenue in Crescentwood is a substantial, character-filled property built in 1913. Its primary appeal lies in its generous scale and established location. With over 3,100 sqft of living space, it ranks in the top 1% citywide for size, offering ample room for a large family or those who value spacious interiors. The lot is a comfortable 5,725 sqft, providing good outdoor space in a desirable neighbourhood. Key features include an attached garage and a renovated basement, adding modern functionality to a classic home.
The property suits buyers looking for a "forever home" with historic charm and plenty of square footage, rather than a new build. It’s ideal for those who appreciate the established trees and quieter streets of Crescentwood and are prepared to steward a home with over a century of history. A thoughtful perspective is that while the 1913 build date is "below average" for age on its street, this is typical for the area and is precisely what contributes to its character and the neighbourhood's appeal. The significantly above-average assessed value reflects its substantial size and desirable location.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, ceiling height, legal compliance, or moisture control would require inspection and disclosure from the seller.
2. How does the 1913 build date affect the home?
While it offers classic charm and solid construction, it likely means older mechanical systems (like plumbing and electrical), windows, and insulation. A thorough inspection is crucial to understand potential maintenance or upgrade needs.
3. The assessed value seems high relative to the last sale price. Why?
The home last sold in 2019 for $68.20k, but its current assessed value is $75.80k. This increase likely reflects market appreciation, the renovated basement, and its standout characteristic: exceptionally large living area for the city.
4. Is the living space configured well for modern living?
With 3,165 sqft in a 1913 two-and-a-half storey, the layout may include more segmented rooms rather than open-concept spaces. Buyers should consider if the flow suits their lifestyle, though the size offers excellent potential.
5. What is the neighbourhood vibe and convenience like?
Crescentwood is a mature, prestigious area near the Assiniboine River. It offers a serene, leafy environment with character homes, but proximity to daily amenities and the nature of local schools should be verified based on the buyer's specific needs.