Property Overview
This is a substantial and historic property in Winnipeg's desirable Crescentwood neighbourhood. Built in 1912, the two-and-a-half storey home sits on an exceptionally large lot of over 15,000 square feet, placing it in the top tier of properties in the city for land size. With a generous living space of over 6,100 square feet, the home offers significant scale. Its appeal lies in its rare combination of a prime, established location and the immense potential afforded by its vast grounds and spacious interior. It suits a buyer looking for a legacy property—someone who values character, privacy, and the opportunity to customize a stately home within a prestigious community, whether for multi-generational living, extensive renovation, or simply enjoying one of the area's most prominent lots.
Key Details & FAQs
What are the key characteristics?
The home is a 114-year-old, two-and-a-half storey character home featuring over 6,100 sq ft of living space, a renovated basement, and both attached and detached garages. Its most standout feature is the 15,210 sq ft lot, which is significantly larger than most properties in Crescentwood and city-wide.
Where does its primary appeal lie?
Beyond its size and location, the appeal is in its rarity and potential. The lot size is a true luxury in a mature neighbourhood, offering unparalleled outdoor space, potential for gardens, additions, or a pool. The home’s assessed value has risen notably, indicating strong market confidence in the property and area.
What type of buyer would it suit?
It is best suited for a buyer seeking a project or a long-term family estate. This could include someone passionate about restoring and modernizing a historic home, a family needing extensive space, or an investor/buyer who recognizes the inherent value of land in a coveted area where large parcels are almost never available.
What is the property's history?
The home was last sold in September 2021 for $1.17 million. Prior to that, it sold in March 2017 for $835,000. The current assessed value is $1.19 million, closely aligning with its recent sale price.
How does it compare to the neighbourhood?
The data shows it is an elite property within its context. Its living area is in the top 1% for Crescentwood, and its land area is in the top 3% for the neighbourhood. While its age is around average for Crescentwood, it is notably older than the typical Winnipeg home.