4 Crestwood Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 915-square-foot home built in 1958 on a 5,500-square-foot lot in Windsor Park, Winnipeg. The property is smaller than average in living area and lot size compared to others on its street and in the neighborhood. Its assessed value of $324,000 is also below the neighborhood average of $354,200, though it sits closer to the middle of the pack citywide.

The appeal here isn't about size or prestige—it's about relative affordability and location. Buyers get a solid, mid-century house in a well-established area at a price point that undercuts much of what's nearby. The lot, while smaller than Crestwood Crescent's average, is still a standard city plot at 5,500 square feet, offering modest outdoor space without the maintenance burden of a larger yard.

This property would suit first-time buyers looking for an entry point into a mature neighborhood, or investors seeking a lower-cost asset in a stable part of town. It's less suited for someone who needs generous indoor square footage or a standout lot—the rankings show it's consistently below average locally. The 1958 build year is typical for the area, so renovation potential exists for buyers comfortable with updating an older home.

Five Possible FAQs

1. How does this home's assessed value compare to others nearby?
The assessed value of $324,000 is below average for both Crestwood Crescent ($347,700) and the broader Windsor Park neighborhood ($354,200). Citywide, it's closer to the middle, ranking in the top 63%. This suggests the property is priced more modestly than many comparable homes in the immediate area.

2. Is the lot size a disadvantage?
At 5,500 square feet, the lot is below average for the street, where the average is 6,291 square feet. However, it's not unusually small—it ranks in the top 43% citywide, meaning plenty of Winnipeg homes have similar or smaller lots. It's a typical urban lot, not a cramped one.

3. What's the home's condition or renovation history?
The data only covers year built (1958) and assessed value—it doesn't include condition or upgrades. Buyers should assume an older home may need updates unless an inspection proves otherwise. The average build year on the street is 1960, so this home is consistent with its neighbors.

4. Why is the living area smaller than the city average?
At 915 square feet, it's about 32% smaller than the citywide average of 1,342 square feet for comparable homes. This reflects the modest size typical of many mid-century bungalows in Windsor Park. It's a functional layout for a couple or small family, but not spacious by modern standards.

5. How does this property fit into the neighborhood character?
Windsor Park is a mature area with a mix of post-war homes. This property is representative of the older, smaller stock in the neighborhood—it's neither a standout nor an outlier. Buyers will find similar homes nearby, and the moderate assessed value suggests the area is stable rather than rapidly appreciating.