3 Conifer Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1956-built home with 1,087 sq ft of living space on a 5,500 sq ft lot, assessed at $375,000. The property sits slightly below average for lot size compared to others on Conifer Crescent and in the Windsor Park area, but its assessed value ranks in the top 11% on the street, suggesting above-average condition, finishes, or location within the block. The living space is in line with neighbouring homes, while the build date is older than much of the surrounding community—something that may appeal to buyers who appreciate mid-century character or prefer to avoid newer cookie-cutter layouts.

The appeal lies in the value proposition: a higher-than-average assessment in a street that itself sits in a modestly priced segment of the city. For buyers looking for a solid, well-maintained home in an established neighbourhood without paying the premium for a larger lot or newer construction, this property offers a practical middle ground. It would suit first-time buyers who are willing to take on some updating, downsizers wanting a manageable yard, or investors targeting an area with consistent demand in Winnipeg’s lower-to-mid price bracket.

Frequently Asked Questions

1. Why is the assessed value high for the street even though the house is older?
Assessment reflects market value based on recent sales, condition, and location—not just age. A well-maintained home with updates in a desirable part of Windsor Park can rank higher than newer homes that may need more work or sit on less favourable lots.

2. Is a 5,500 sq ft lot considered small for this area?
Yes, it’s below the street average of about 6,000 sq ft and in the bottom quarter for Windsor Park. That means less yard maintenance, but also less space for gardens, sheds, or expansion.

3. How does the living space compare to typical family homes in Winnipeg?
At 1,087 sq ft, it’s about 20% smaller than the citywide average. It’s comparable to other homes on this street and in the neighbourhood, so it’s not unusual for the area, but buyers expecting a modern open-plan layout may find it tight.

4. Does the 1956 build date mean major systems may need replacing?
Not necessarily—some homes from that era have had updates to electrical, plumbing, and roofing. A home inspection is key. The age alone isn’t a red flag, but it’s worth confirming what’s original versus replaced.

5. What kind of resale potential does this property have?
Solid for the price point. Being in the top 11% for assessed value on the street suggests it already holds its ground. Future resale will depend on how well it’s maintained relative to neighbours, but the area’s stable demand and reasonable entry price support long-term value.