115 Columbus Crescent – Property Summary

Key Characteristics & Buyer Profile

This 1964 home on Columbus Crescent in Winnipeg’s Westwood neighbourhood offers 1,225 square feet of living space on a 5,898-square-foot lot. Its assessed value sits at $384,000. Across all four metrics—living area, land size, year built, and assessed value—the property lands consistently around the middle of the pack when compared to similar homes on the same street, within Westwood, and across the city. It doesn’t stand out as unusually large, new, or expensive, nor is it significantly smaller or older than its peers. This makes it a fairly balanced, no-surprises property.

The appeal lies in its predictability. For a buyer who wants a solid, mid-range home without paying a premium for standout features or taking on the risks of an outlier, this is a straightforward option. It would suit someone looking for a livable, well-located house in a mature neighbourhood, where the home itself is not the main event but a reliable base. First-time buyers, downsizers who don't need a large yard, or investors seeking stable, middle-market inventory might all find it logical. Less obviously, the citywide land ranking (top 35%) hints that while the house is modest, the lot is slightly more generous relative to city norms—something a buyer planning future additions or landscaping might appreciate.

Frequently Asked Questions

1. How does this home compare to others on Columbus Crescent?
It’s very close to the street averages. The living area is slightly below the street average of 1,392 sqft, and the assessed value is a bit below the street average of $399,800. The lot is also slightly smaller than the street average of 6,143 sqft. It’s a typical house for this block, not an exception.

2. Is the assessed value of $384,000 a good deal?
Compared to the street, neighbourhood, and city averages (all around $390k–$400k), the value is slightly below typical benchmarks. Whether it’s a “deal” depends on the condition of the home itself—these figures don’t reflect renovations or deferred maintenance. The data suggests fair market positioning, not a bargain or a markup.

3. What does the year built (1964) mean for maintenance concerns?
A home from the mid-'60s is likely due for updates to major systems (roof, furnace, windows) unless they’ve already been replaced. The building’s age is typical for the area, so local contractors will be familiar with the construction methods. A thorough home inspection is recommended regardless of the statistics.

4. How does the lot size affect usability or future plans?
At 5,898 sqft, the lot is above-average citywide (top 35%) but slightly below the Westwood neighbourhood average of 6,491 sqft. It’s a comfortable suburban lot—enough for a decent backyard and garden, but not oversized. If you’re hoping for a massive lawn or space for an addition, you may want to check zoning restrictions.

5. Why do the ranks vary between street, neighbourhood, and city?
Each benchmark compares the property to different peer groups. On its own street, it’s near the middle (top 65% for living area). In Westwood, it’s still mid-range. Citywide, it rises slightly to top 48% for living area and top 35% for land size. This simply means the home is more competitive in land size citywide than it is strictly within its immediate street—helpful if you’re thinking about resale value or future development potential.