Key Characteristics & Buyer Profile

This is a 1,002 sqft single-family home at 75 Lismer Crescent, built in 1971 and sitting on a 6,297 sqft lot in Winnipeg's Westdale neighbourhood.

Its strongest asset is the land. The lot is above average for both the street and the wider community, ranking in the top 19% of the neighbourhood and top 25% citywide. This gives the property real potential for expansion, a larger garden, or simply more outdoor space than many nearby homes. The tax assessment is notably high for the area (top 8% in Westdale), reflecting strong perceived value at the municipal level.

The home’s interior size is essentially average for the street and neighbourhood, but slightly below average for Winnipeg as a whole. The build year is typical of the area, which means it’s part of a well-established, mid-century suburban enclave.

Where the appeal lies: The value proposition isn’t in a newly renovated interior or a standout floorplan. It’s in the solid, unremarkable bones of a 1970s home paired with a generous, well-placed lot. A buyer here is paying for land and location, not flash.

Who it suits: Buyers who want to get into a stable, mid-century suburb like Westdale but are willing to take on some interior updating or customization. This would also appeal to someone looking for a home with yard space that’s rare at this price point, or a homeowner who sees the lot as an opportunity for a future addition or landscape project. It’s less suited for someone wanting a turnkey property with modern finishes or a more central, dense location.

Frequently Asked Questions

1. How does this home compare to others on the street?
It ranks near the middle of Lismer Crescent for living area (20th out of 47) but well above average for its tax assessment (4th out of 47). That means it’s valued higher than most of its immediate neighbours, likely because of its larger lot size.

2. Is the lot really a standout feature?
Yes. At 6,297 sqft, it’s larger than 75% of all homes in Winnipeg and outpaces nearly 80% of homes in Westdale. For a street like Lismer Crescent, it sits comfortably above average. If outdoor space or future expansion matters, this is the property’s main strength.

3. Does the tax assessment reflect the home’s condition?
Not necessarily. The assessment is based on market value characteristics like size, location, and age, not cosmetic condition. A high assessment relative to neighbours suggests the municipality views the lot and structure as valuable, but it doesn’t mean the interiors are updated or in perfect shape.

4. What are typical homes in Westdale like?
Westdale is a well-established neighbourhood with mostly single-family homes built around the 1970s. Lot sizes average about 5,168 sqft locally, so this property’s lot is notably bigger than the norm for the community. Homes here tend to be solid but often need cosmetic updates to match current tastes.

5. What should a buyer watch out for?
The home is from 1971, so look closely at major systems like the roof, furnace, windows, and foundation. The relatively small living area (1,002 sqft) means the interior may feel compact by modern standards, especially if the layout hasn’t been opened up. Buyers should budget for potential renovations, not just a fresh coat of paint.