Property Summary: 46 Columbus Crescent

Key Characteristics & Buyer Profile

This is a 1966-built home with 1,169 square feet of living space on a 5,935-square-foot lot. It sits within Westwood, a neighbourhood in Winnipeg. The property’s assessed value for tax purposes is $353,000.

What stands out here is how the home compares to others across three levels: its immediate street, its neighbourhood, and the city as a whole. The living area is slightly smaller than the street average (1,392 sq ft) but only marginally below neighbourhood and city medians. The lot size is close to the street average and above the city-wide median, ranking in the top 34% citywide—meaning the land is actually a relative strength. The build year is older than the average on this street (1968) but matches both the neighbourhood and city medians. The assessed value is below the street average ($400,000) but again, close to the broader norms.

One less obvious aspect: the land-to-building ratio. With a 5,935 sq ft lot and a modest 1,169 sq ft home, there’s more room outside than many newer infills or townhouses offer. This matters if you value yard space, gardening, or potential for future expansion—though that’s not guaranteed without checking zoning.

Another point: the home ranks in the top 20% for age on its street, meaning it’s one of the older homes there. On a street where most houses are newer, this could mean more established landscaping, mature trees, or original character—but also possibly older systems (roof, furnace, windows) that may need updating.

This property would suit a buyer who prioritises lot size and established neighbourhood character over the latest interior finishes. It’s a practical fit for someone comfortable with a home that’s solid but not showy—maybe a first-time buyer looking for value, a downsizer wanting single-level living with a decent yard, or an investor who sees the land as the primary asset. It’s less suited to someone who wants a turnkey, modern interior or a home that stands out on paper.

Five Possible FAQs

1. How does this home compare to others on the same street?
It’s smaller than average in living space (ranked 43rd out of 49) and lower than average in assessed value (35th out of 49), but it’s one of the older homes on the block (10th out of 49). The lot size is right around the middle (24th out of 49).

2. Is this a good buy for someone wanting a large lot?
The lot is above average citywide, ranking in the top third (34%). Within Westwood, it’s close to the neighbourhood average. So yes, relative to the rest of Winnipeg, the land is a plus.

3. What does the “assessed value” actually mean for me?
The assessed value ($353,000) is what the city uses to calculate property taxes—not the market price. It’s below the street and neighbourhood averages, which could mean lower annual taxes compared to similar homes nearby, but market value may differ.

4. Should I be concerned that the home was built in 1966?
Not necessarily—it matches the neighbourhood and city medians, so it’s typical for the area. That said, being older than the average house on Columbus Crescent (1968) means neighbouring homes may have been updated more recently. A pre-purchase inspection would be wise to check the condition of mechanicals and structure.

5. What kind of buyer would get the most value here?
Someone who values outdoor space and isn’t chasing a recently renovated interior. The land is the stronger asset here. It could also suit a buyer who wants to be in Westwood but needs a more affordable entry point than the street average.