This 1909 two-storey home on Kingsway in Crescentwood offers a classic, established presence in one of Winnipeg's most desirable neighbourhoods. With 2,496 sqft of living space on a 6,015 sqft lot, its size is comfortably above the citywide average, placing it among the top tier of homes in Winnipeg overall. Its appeal lies in a prime, tree-lined location combined with the character of a century-old residence. The home presents a solid foundation with an attached garage and full basement, though the basement is noted as not being renovated.
It would suit a buyer who values location and heritage over new construction—someone ready to live in a character home as-is or to gradually implement updates. The property is not for those seeking a modern, turn-key home or extensive outdoor space, as the lot size is below average for Kingsway itself. It’s a practical opportunity for establishing roots in a prestigious area, offering more interior space than most city homes, with the understanding that its age and assessed value suggest a property with good bones awaiting personalization.
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What does the "not renovated" basement condition typically imply?
This usually indicates original or dated finishes, mechanical systems, and possibly moisture control considerations from its era. It represents both a project area and a blank canvas for future development.
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How significant is the difference between the 2022 sale price and the current assessed value?
The sale price of $550k provides a recent market benchmark. The lower assessed value is primarily used for municipal tax calculations and doesn't reflect current market value, but the gap may be a point of discussion regarding property taxes.
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Is the lot size a disadvantage?
At over 6,000 sqft, the lot is still generous by general city standards. While it's smaller than many on Kingsway, this often translates to less yard maintenance while still providing private outdoor space.
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What are the pros and cons of a home built in 1909?
Pros include solid construction, classic architectural details, and established neighbourhood charm. Cons can involve older wiring, plumbing, insulation, and windows, which may need evaluation and potential upgrading for efficiency and comfort.
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How does this home compare to others in Crescentwood?
The data shows this home is around average in both size and assessed value for the Crescentwood area. This suggests it is a representative entry into the neighbourhood rather than a standout in terms of scale or valuation, positioning it as a more accessible option within this sought-after locale.