21 Fontaine Crescent – Property Summary

Section 1: Key Characteristics & Buyer Profile

This is a 1956-built home with 936 sq. ft. of living space on a 5,201 sq. ft. lot, assessed at $350,000. The standout feature is the assessed value: it ranks around average on its street (top 38%), in the neighbourhood (top 57%), and citywide (top 54%). This suggests the pricing is competitive relative to other properties in Winnipeg, especially given that the living area, lot size, and year built all fall below their respective neighbourhood averages. In plain terms, you’re paying a reasonable price for a home that’s slightly smaller and sits on a slightly smaller lot than many others in Windsor Park.

The appeal here is less about size or prestige and more about value and location stability. Windsor Park is a well-established area with mature trees and decent access to amenities, but it’s not a “hot” new development. That works in favour of buyers who want to avoid inflated prices. The property would suit first-time buyers looking for an entry point into a solid, middle-of-the-road neighbourhood, or someone willing to renovate or add square footage (the lot is modest but workable). It’s less ideal for families who need generous indoor or outdoor space right away, or for investors seeking a clear upside based on land value alone.

Section 2: Five Possible FAQs

1. How does the living area compare to similar homes nearby?
   At 936 sq. ft., it’s below the street average of 1,051 sq. ft. and the neighbourhood average of 1,091 sq. ft. It ranks in the bottom 25% on both the street and in Windsor Park. If you’re used to compact spaces, this won’t feel cramped, but it’s smaller than most of its immediate neighbours.

2. Is the assessed value close to what similar homes sell for?
   The assessed value of $350,000 is slightly above the street average ($341.8k) but below the neighbourhood average ($354.2k) and the citywide average for comparable homes ($390.1k). The ranking (top 38% on the street) indicates it’s priced in line with what people are paying on Fontaine Crescent, not inflated relative to the area.

3. How does the lot size affect what I can do with the property?
   The 5,201 sq. ft. lot is about 500 sq. ft. smaller than the street average and roughly 800 sq. ft. smaller than the Windsor Park average. It’s still a standard city lot for an older home. You can likely add a garage or a small extension, but don’t expect room for a major subdivision or a large backyard workshop without a variance.

4. Why is the year built significant here?
   The home was built in 1956, which is about average for the street (median is 1957) but older than much of the neighbourhood (where the average home is from 1961). In a mature area like Windsor Park, this means the house has likely already seen some updates, but you should budget for potential older-system replacements (furnace, wiring, plumbing) unless recent receipts show otherwise.

5. How does this property compare to others citywide?
   Citywide, the home ranks near the middle for assessed value (top 54%) and lot size (top 50%), but in the bottom quintile for living area (top 80%) and slightly below average for age (top 64%). Practically, this means it’s a fairly typical Winnipeg home for its price range, though the living space is on the smaller end for what you’d get elsewhere in the city.