201 Larchdale Crescent

Property Overview

This two-storey home at 201 Larchdale Crescent in Winnipeg’s Kildonan Drive area presents a compelling blend of space and established character. Its primary appeal lies in its generous 2,340 sqft of living area, which places it within the top 5-6% of homes locally, offering significantly more interior room than typical comparables. Key features include a renovated basement and a detached garage. Built in 1959, the home sits on a 5,940 sqft lot that is slightly more compact than others on its street but is generally in line with area and city averages.

The property suits buyers who prioritize ample interior living space over expansive yard maintenance. It’s an ideal fit for a growing family needing room to spread out, or for someone who values the potential of a modernized basement in a well-established neighbourhood. The above-average assessed value suggests a solid, premium property within its immediate context, appealing to those looking for a home that stands out in terms of size and investment in the area.

Frequently Asked Questions

1. How does the lot size impact this property?
While the land area is smaller than the direct street average, it is consistent with typical city lots. This could be a benefit for buyers seeking less yard upkeep, while the trade-off is a more limited private outdoor space compared to some neighbours.

2. What does the "Elite" ranking for living area actually mean?
It means this home’s interior square footage is larger than approximately 95% of similar homes in the broader Kildonan Drive area. You are getting a notably spacious floor plan for this market.

3. The home was last sold in 2020. What might have changed since then?
The sold price range from 2020 is a historical benchmark. Any updates, market shifts, or changes to the property’s condition since that sale would be reflected in its current value and should be verified through a current viewing and inspection.

4. Is the assessed value a reliable indicator of the listing or sale price?
Not directly. The assessed value (45.50k) is for municipal tax purposes. Market price is determined by current conditions, the home’s specific features, and buyer demand. It serves best as a comparison tool against other properties, not a price tag.

5. The home is from 1959. What should I consider?
While the basement has been renovated, the core structure and major systems (like plumbing, electrical, and the roof) are from the original build era. A thorough professional inspection is highly recommended to understand the condition and any potential needs for a home of this age.