53 Crestwood Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1956-built home with 1,031 sq ft of living space on a 6,058 sq ft lot, located in Winnipeg’s Windsor Park neighbourhood. Its assessed value is $353,000.

The property sits close to the average for living space and lot size within its immediate street and broader community, but the lot is larger than typical for Winnipeg as a whole—ranking in the top 29% city-wide. The build year is older than most homes on the street (ranking 138th out of 149), which may appeal to buyers open to a renovation project or those who prefer the character and often more solid construction of mid-century homes. The assessed value is in line with the neighbourhood average but below the city-wide average, which could mean relatively modest property taxes compared to similarly sized homes in other parts of Winnipeg.

The appeal here is subtle: a property that doesn’t stand out dramatically on paper, but offers a larger-than-average city lot in a stable, established area. This would suit buyers who value outdoor space and are willing to invest in updating an older home. It’s less suited for someone wanting a turnkey, recently built house or needing maximum square footage for the price.

Five Frequently Asked Questions

1. How does the lot size compare to other homes in Windsor Park?
The lot is 6,058 sq ft, which is very close to the community average of 6,030 sq ft. It ranks in the top 36% of the neighbourhood, meaning it’s slightly larger than most nearby lots, though not dramatically so.

2. Is the assessed value a reliable estimate of the market price?
Assessed value is for property tax purposes and may not reflect current market conditions. It’s a useful baseline, but sales of comparable homes in Windsor Park should be your primary guide for pricing. The assessor’s office typically lags behind market shifts.

3. What does “close to average” actually mean for the living space?
The 1,031 sq ft is within a few dozen square feet of the averages for both the street (1,042 sq ft) and the neighbourhood (1,091 sq ft). It’s not meaningfully different—buyers shouldn’t expect to feel cramped or unusually spacious compared to neighbours.

4. Why would an older home like this be worth considering?
Homes built in the 1950s often have mature trees, established landscaping, and solid framing. The trade-off is that mechanicals (furnace, wiring, plumbing) may be original or near end-of-life. For a buyer with renovation skills or budget, there’s potential to add value—and a larger lot offers room for an addition or garage that newer, smaller lots often lack.

5. How does this property compare overall to others on Crestwood Crescent?
It’s a middle-of-the-pack home on this street. The lot and assessed value are near the median; the living area is slightly below average; the build year is one of the oldest on the block. It’s not a standout, but it’s also not an outlier—except for its age, which makes it a candidate for someone who sees potential rather than a finished product.