37 Cherry Crescent – Property Summary

Key Characteristics & Buyer Profile

This 1,497 sqft home sits on a 6,822 sqft lot, built in 1960. Its standout feature is size—both inside and out—relative to the immediate street and broader Windsor Park neighbourhood. On Cherry Crescent, it ranks 2nd out of 29 homes for living area and 1st for year built, meaning it's one of the earliest and largest homes on the block. The assessed value of $395k is above the street and neighbourhood averages, but sits around the citywide median, suggesting the property delivers more square footage for the price than many comparable homes in Winnipeg.

The appeal here isn't a flashy renovation or a prime location by typical metrics. Instead, it's about space and solidity: a generous lot, a floor plan that outperforms most nearby homes, and an established street with older construction. This would suit buyers who prioritize room to spread out—inside for living areas, outside for gardening, storage, or future additions—over newer finishes or turnkey condition. It's a practical choice for families, hobbyists, or anyone who values land and livable square footage over trendiness. Less obviously, the combination of a top-ranked street position and only average citywide value could indicate a pocket of relative affordability within a desirable neighbourhood—worth investigating if you're betting on long-term appreciation in Windsor Park.

Five Frequently Asked Questions

1. How does the living area compare to other homes in Windsor Park?
It ranks in the top 4% of the neighbourhood, with 1,497 sqft versus a local average of 1,091 sqft. On Cherry Crescent specifically, it's the second-largest home.

2. Why is the assessed value above the street average but around the citywide average?
The street and neighbourhood have slightly lower average values ($359k and $354k respectively) than the citywide average for comparable homes ($390k). Your home's $395k assessment reflects its larger size and lot, but the citywide comparison includes pricier areas, so it lands near the middle.

3. Is a 1960 build a concern, or is that typical for the area?
It's the oldest home on the street, but the neighbourhood average is 1961—so it's consistent with Windsor Park's housing stock. Citywide, the average for comparable homes is 1966, so it's slightly older than typical but not unusual for the area. Any age-related issues would be specific to this property's maintenance history.

4. What does the land area ranking actually mean for daily use?
The lot is 6,822 sqft, which is above average at every level—street, neighbourhood, and city. It ranks in the top 18% citywide for lot size. That extra space could mean a larger backyard, room for a workshop or garage, or simply more privacy from neighbours compared to newer subdivisions.

5. How were the rankings and tiers calculated, and what do the colors mean?
The property is compared to "comparable homes" within each scope—street, neighbourhood, and city. Rankings go from best (1) to worst, with percentage showing what share of peers you outperform. The bar fill length reflects that percentage, and the color (red, blue, amber, gray) indicates tier, based on how far above or below average the value sits. Fuller bars and red/blue tiers mean stronger performance.