59 Lavenham Crescent – Property Summary

Key Characteristics & Ideal Buyer Profile

This is a 974-square-foot bungalow built in 1969, sitting on a generous 4,084-square-foot lot. Its standout feature is the land: the lot ranks 3rd out of 46 homes on the street (top 7%), well above the local average of 3,277 square feet. While the living area is compact compared to city norms, the property is priced to match—its assessed value of $248,000 is notably lower than both the Westdale neighborhood average ($307,400) and the citywide average ($390,100), making it one of the more affordable options in the area.

The appeal lies in value relative to land. You’re paying for space outdoors, not square footage indoors. The year built is identical to the street average (1969), so the home is consistent with its neighbours in age and likely character. The trade-off is straightforward: a smaller footprint on a larger lot, at a price that undercuts much of Winnipeg.

This property suits buyers who prioritize yard space over interior square footage—someone looking to garden, add a garage, or expand in the future. It also fits first-time buyers or investors who want to enter Westdale without stretching for a full-sized house. The rankings suggest this isn’t a turnkey premium home; it’s a practical entry point with room to improve or customize.

Frequently Asked Questions

1. How does this house compare to others in Westdale?
The assessed value ranks in the bottom 13% of the neighborhood, and the living area is below average. The lot size, however, is roughly average for the area. So it’s smaller and cheaper than most Westdale homes, but with a comparable yard.

2. Why is the assessed value so much lower than the city average?
Mainly due to the smaller living area (974 sqft vs. 1,342 sqft city average) and the age of the home. Even though the lot is decent, the interior square footage pulls the valuation down. The home is priced for its size, not its land.

3. Is this a good candidate for renovation or expansion?
Potentially. The large lot gives you room to add square footage—either through an extension or a secondary structure. Just keep in mind that zoning rules and permit costs vary by neighbourhood, so check with the city before planning major changes.

4. How old is the home, and what condition might it be in?
The home was built in 1969, which is typical for the street. At over 50 years old, expect original features like single-pane windows, older insulation, and possibly outdated mechanicals. A home inspection would be wise to assess the furnace, roof, and foundation.

5. What does the “rank” data actually mean?
The ranks compare this property against similar homes within a given area. For example, a rank of 3 out of 46 on the street means only two other homes have larger lots. The percentages (e.g., “Top 7%”) tell you what share of comparable homes you’re beating in that category. It’s a quick way to see where this house stands out—or doesn’t.