103 Lismer Crescent – Property Summary

Key Characteristics & Buyer Profile

This 1,002 sqft home, built in 1970, sits on a 6,296 sqft lot in Winnipeg’s Westdale neighbourhood. Its standout feature is the land: the lot is notably larger than most in the area (top 20% in Westdale, top 25% citywide), which is not always easy to find in this part of town. The assessed value of $367,000 is slightly above the street and neighbourhood averages but sits right around the citywide median, suggesting the property is priced with its lot in mind rather than the home itself.

The living space is a bit below the citywide average for comparable homes, but it’s consistent with what’s typical on Lismer Crescent and in Westdale. This won’t feel cramped for most buyers, but it’s not a house where square footage is the draw.

Buyers who value outdoor space, yard room, or potential for future additions or landscaping will find this appealing. It would also suit someone looking for a home in a well-established, mid-century neighbourhood where larger lots are becoming less common as infill increases. The year built (1970) places it right in the middle of the area’s typical age range, so the home isn’t unusually old or new compared to its neighbours—a neutral factor for most buyers.

Frequently Asked Questions

1. How does the lot size compare to other homes nearby and citywide?

The lot is above average in Westdale (top 20%) and citywide (top 25%). On Lismer Crescent itself, it’s slightly smaller than the street average (6,296 sqft vs. 6,437 sqft), but that difference is small enough that it’s still a roomy lot by local standards.

2. Is the assessed value of $367,000 a good deal for this property?

The assessed value is above the street average ($349,300) and well above the neighbourhood average ($307,400), but right around the citywide median ($390,100). That suggests the assessment reflects the larger lot within a desirable neighbourhood, rather than the house itself being overvalued. It’s worth comparing with recent sale prices in Westdale to see if the assessment aligns with market values.

3. How old is this home, and does that affect its condition or maintenance needs?

Built in 1970, the home is roughly average in age for Lismer Crescent and Westdale, and slightly newer than the citywide median for comparable homes. A 1970s build often means it’s past the point of major deferred maintenance from the original construction, but systems like roofing, HVAC, and plumbing may be due for updates depending on what’s been done. A home inspection would clarify this.

4. Is the living space large enough for a family or someone wanting room to grow?

At 1,002 sqft, it’s slightly below the average for Westdale and well below the citywide average for comparable homes. For a single person or couple, this is comfortable. For a family with children, the layout and number of bedrooms would matter more than raw square footage, but the generous lot does offer expansion potential if zoning and permits allow.

5. What is the neighbourhood like, and is this a good area for resale value?

Westdale is an established, mid-century neighbourhood in Winnipeg. The property ranks well for assessed value within the area (top 16%), which often reflects strong local demand. The larger-than-average lot is a durable selling point, as similar properties in the area are becoming less common. This generally supports steady resale value, though it’s not a short-term flip property unless the house itself is undervalued.