Property Overview: 222 Harvard Avenue, Crescentwood, Winnipeg
Key Characteristics & Appeal
This 1926 two-storey home in the established Crescentwood neighbourhood is defined by its generous proportions and prime location. Its most significant asset is the exceptionally large, 9,551 sqft lot, which places it in the top 14% of properties on Harvard Avenue for land size. This offers rare potential for expansion, gardening, or outdoor living within the city. The 2,644 sqft living area is spacious, ranking in the top 22% on its street and an elite top 2% city-wide, providing ample room for a growing or multi-generational family. A key modern update is the renovated basement, adding functional living space. The home presents a compelling blend of classic character from its era and updated practicality.
Its appeal lies in this balance: it offers the space and prestige of a mature Crescentwood address, coupled with the ready-to-use condition of a renovated lower level. It suits buyers looking for a substantial family home with more outdoor space than is typically available, and who appreciate the architectural heritage of a 100-year-old property. It is ideal for those who want room to grow or customize over time, without an immediate need for a full-scale renovation.
Frequently Asked Questions
1. How does the sale price relate to the assessed value?
The home sold for $43.50k in January 2025, which is below its current assessed value of $49.30k. This can reflect specific sale conditions, updates needed not captured in assessment, or market timing, and provides a useful recent benchmark.
2. What does the lot size actually mean for me?
At nearly double the average lot size for Crescentwood, this is a standout feature. It provides privacy, space for additions like a garage or suite (subject to zoning), extensive landscaping, or simply a much larger backyard than neighbours may have.
3. The home is 100 years old. What should I consider?
While the renovated basement is a plus, a home of this age will have vintage systems and materials. Prospective buyers should budget for ongoing maintenance characteristic of centennial homes and consider specialized inspections for the roof, foundation, and original plumbing/electrical.
4. How does it compare to other homes on the street?
It holds its own with above-average living space and a significantly larger lot than most on Harvard Avenue. Its year of build is typical for the street, and its recent sale price was around the street average, suggesting it is competitively positioned within this desirable block.
5. Is the assessed value a reliable indicator of property taxes?
The assessed value is the basis for municipal property taxes. With an assessment in the top 21% city-wide, buyers should anticipate correspondingly higher property taxes compared to an average Winnipeg home, reflecting the value of the location and property.