201 Crestwood Crescent – Property Summary

Key Characteristics & Ideal Buyer Profile

This is a 1,120 sqft home built in 1962 on a 6,582 sqft lot in the Windsor Park neighbourhood of Winnipeg. Its appeal is subtle but real: the lot size stands out. It ranks in the top 21% citywide for land, meaning it’s larger than most comparable homes in Winnipeg, and even more notably in the top 20% within the neighbourhood. The living area is above average for both the street (top 17%) and the neighbourhood (top 29%), though slightly below the city average. The assessed value of $345k is around average across all levels—neither a steal nor overpriced for its cohort.

Where it truly differentiates itself is the land-to-house ratio. Buyers who value outdoor space—for gardening, expansion, or simply breathing room—will find this appealing in a way that square-footage alone doesn’t capture. The build year (1962) places it among the older homes on the street, but that often translates to better construction standards and mature landscaping in this area.

This property would suit buyers looking for a solid, unflashy home with good bones and a genuinely above-average lot in a stable inner-ring suburb. It’s not for someone seeking turnkey perfection or a house that impresses on paper. It’s for someone who sees the land as the real asset and is comfortable with a home that’s functional, not pristine.

Frequently Asked Questions

1. How does this home’s value compare to others on the street?
It’s basically at the median. The assessed value of $345k ranks 77th out of 149 homes on Crestwood Crescent (top 52%), meaning it’s right in the middle. Within Windsor Park, it’s also around average (top 64%). The value is consistent with its living area and lot size, but doesn’t punch above its weight.

2. Is the lot size something to prioritize?
Yes, if you care about outdoor space. The lot ranks in the top 25% on the street, top 20% in the neighbourhood, and top 21% citywide. That’s the strongest metric this property has. For context, the average lot in the neighbourhood is 6,030 sqft, while this one is 6,582 sqft. It’s not a massive estate lot, but it’s a clear advantage over most comparable homes.

3. What does the “1962 build year” mean practically?
It’s older than most homes nearby—the street average is 1960, but the neighbourhood average is 1961, and the city median is 1966. In practice, a 1962 build in Windsor Park often means a solid mid-century structure, potentially with a basement that’s unfinished or dated. It’s a good candidate for someone willing to update gradually, not a home that screams “recently renovated.”

4. Is this property a good investment?
That depends on what you’re investing in. As a pure market play, the assessed value is average—no hidden equity spike expected soon. But as a land play, it’s more interesting. The citywide ranking for land (top 21%) suggests the lot is undervalued relative to the house. Over time, as land appreciates in inner-ring suburbs, this could outperform a similarly priced home on a smaller lot.

5. How does it compare to the typical Winnipeg home?
The living area (1,120 sqft) is below the city average of 1,342 sqft, but that’s common in older neighbourhoods. The lot is larger than the city average (6,570 sqft vs. 6,582 sqft—essentially equal). The build year is slightly older. Overall, it’s a slightly smaller house on an average-to-above-average lot in a neighbourhood that’s solid but not trendy. It’s a very “Winnipeg” property: practical, unpretentious, with the land doing the heavy lifting.