2 Evenwood Crescent: Property Summary

Key Characteristics & Buyer Profile

This is a 720 sqft home built in 1971 on a 4,136 sqft lot, with an assessed value of $245,000. The property sits below the neighbourhood and citywide averages in both living space and assessed value—but that’s not the full picture.

Where the appeal lies: The lot is a standout feature. On Evenwood Crescent, this home ranks in the top 16% for land area. That means significantly more outdoor space than most neighbours, in a street where the average lot is roughly 3,500 sqft. The year built (1971) is also comparatively new for the street, ranking in the top 23%.

For a buyer, this property is less about square footage and more about land. It belongs to a small- to mid-century development where homes tend to be modest, but the lot gives room for expansion, a generous yard, or future redevelopment value within the Westdale area.

What type of buyer it suits: This would work well for someone who:

• Values outdoor space (gardening, kids, pets, or storage)
• Is open to renovating or extending the existing structure
• Wants a detached home in a stable, established neighbourhood without paying for maximum interior size
• Is looking for a more affordable entry point into Westdale compared to larger, pricier neighbours

It is less suited to buyers who prioritize move-in-ready square footage or a larger home without putting work into the land.

Five Possible FAQs

1. The living area is well below both the neighbourhood and citywide average. Is this home very small for the area?
Yes, at 720 sqft it is noticeably smaller than the Westdale average of 1,029 sqft and a typical citywide home of 1,342 sqft. However, the lot size is generous for the street—if interior space is the main concern, this home likely works best as a starter or as a base for an addition.

2. The assessed value is below the neighbourhood average—does that mean it’s a bargain?
Not necessarily. Assessments reflect market conditions and home characteristics. The lower value is partly because the living area is smaller. That said, it ranks in the top 16% for lot size on the street, so the land may be undervalued relative to larger homes. It could be a good value if you see the lot as the primary asset.

3. The land area is above average for the street but below average citywide. What does that really mean for a buyer?
It means the home sits on a lot that is bigger than most immediate neighbours—good for privacy, yard space, or future expansion—but still smaller than typical newer suburban lots across Winnipeg. On Evenwood Crescent, you get more breathing room than many houses on the block.

4. How does the year built (1971) affect maintenance or renovation possibilities?
It’s a 50+ year old home. That means you’ll likely be dealing with an older roof, mechanicals, and possibly windows, unless already updated. But 1971 homes often have straightforward layouts and good bones for renovation. The lot size offers room for a rear addition, which many newer or smaller lots on the street don’t allow as easily.

5. What is the neighbourhood like, and is this property a typical Westdale home?
Not exactly typical. Westdale averages a larger living area and higher values. This home is on the smaller, more affordable end in a neighbourhood that skews larger and pricier. That can mean you get the advantage of a stable, desirable area without paying the premium for a bigger house. Be aware that nearby homes will likely be higher value, which can be a positive for resale—or simply a sign that your own property is the budget option in the area.