41 Columbus Crescent – Property Summary

Key Characteristics & Buyer Fit

This is a 1966-built home in Westwood, Winnipeg, with 1,216 sqft of living space on a notably large 6,288 sqft lot. Its standout feature is the land: the lot ranks in the top 16% on its street and top 26% citywide for size. The assessed value of $415,000 sits above both street and neighbourhood averages, while the living area is slightly below average for the street and neighbourhood but roughly in line with the citywide median. The home itself is older than many on the same street (which average 1968), but it’s typical for the broader neighbourhood and city.

The appeal here lies in the lot, not the house. Buyers who prioritize outdoor space, gardening, room for additions, or privacy from close neighbours will see the value. It’s less suitable for someone who wants a move-in-ready, larger home or a very recent build. Given the strong lot but average-to-below-average living area, this property would suit buyers willing to renovate, expand, or hold for long-term land appreciation – not those expecting a premium finish as-is.

Frequently Asked Questions

1. Why is the living area considered “around average” citywide but below average on its own street?
The home is smaller than many others on Columbus Crescent, where the average is 1,392 sqft. But citywide, 1,216 sqft is very close to the median for comparable homes (1,342 sqft), so it doesn’t stand out as unusually small. The street just happens to have larger homes.

2. Is the assessed value a reliable indicator of market price?
Assessed value is a useful benchmark but not a direct listing price. This property’s $415k assessment is above street and neighbourhood averages, which suggests strong local demand or desirable features (likely the large lot). However, actual market price depends on condition, renovations, and buyer competition – not just assessment.

3. The land area is large, but how usable is it?
6,288 sqft is a noticeably generous lot for Winnipeg, ranking in the top quarter citywide. Without a site plan, you’d want to confirm shape, slope, and any easements. But generally, this kind of lot offers room for a garage, workshop, garden, or future extension – rare for homes in this price bracket.

4. What does a 1966 build mean for maintenance and systems?
Homes from the mid-60s often have original electrical (possibly aluminum wiring), plumbing (galvanized or copper), and insulation that may need upgrading. Windows, roof, and furnace age aren’t specified here, so a buyer should budget for possible replacements. However, solid mid-century construction can be very durable if maintained.

5. How does this property compare to others in Westwood specifically?
It’s above average in assessed value (top 24% of 2,523 homes) and land area (top 36%), but average in year built and living area. So it’s a strong lot in a solid middle-range neighbourhood, but the house itself isn’t exceptional – it’s the outdoor space that sets it apart from most Westwood listings.