63 Fontaine Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a compact, post-war bungalow in Windsor Park, Winnipeg, built in 1956. With 864 square feet of living space on a 5,000-square-foot lot, it’s smaller than most nearby homes in every dimension. The assessed value of $289,000 reflects that—it’s well below street, neighbourhood, and city averages.

The appeal here isn’t size or prestige. It’s entry-level pricing in a stable, established area. The land is modest but functional, and the home’s age puts it in a sweet spot for buyers who want something solid from the 1950s without a premium attached to bigger, newer or renovated properties nearby. It’s a property that suits first-time buyers, investors looking for a lower-cost rental in a decent neighbourhood, or anyone who prioritizes affordability and location over square footage. The trade-off is clear: you’re getting less house and less land for less money—and that’s exactly the point.

Five Possible FAQs

1. How does this home compare to typical Windsor Park properties?
This home is smaller on both living area and lot size than the neighbourhood average (864 sq ft vs. 1,091 sq ft; 5,000 sq ft lot vs. 6,030 sq ft). It’s also valued lower—$289,000 versus $354,200 median. The year built (1956) is slightly older than the neighbourhood median (1961). Essentially, it’s a below-average property for the area in most metrics, which is reflected in the asking price.

2. Is the assessed value of $289,000 realistic or a potential red flag?
It aligns with the data: the home ranks near the bottom on its street (67th out of 71) and neighbourhood (3,119th out of 3,307). The low assessment isn’t unusual—it simply matches the smaller size and older condition relative to peers. For a buyer, this could mean lower property taxes than many surrounding homes.

3. What’s the lot actually like for a 5,000-square-foot property?
It’s smaller than 90% of lots on Fontaine Crescent and 90% of lots in Windsor Park. That means a modest yard—likely enough for a garden, a small play area, or a patio, but not large-scale landscaping or future expansion. At the city level, it’s closer to average, so the lot isn’t tiny by Winnipeg standards, just on the tighter side for this specific street and neighbourhood.

4. How does the 1956 build year affect maintenance and renovation potential?
Homes from the mid-1950s in Winnipeg typically have solid foundations and wood framing, but may have outdated electrical, plumbing, insulation, and windows. The property ranks around average on its street for year built, so it’s not unusually old for the area—but it’s older than most neighbourhood and citywide homes. A buyer should budget for system updates, not structural issues.

5. Who typically buys a home like this, and what’s the resale angle?
This is a classic starter home or a rental property. The low entry cost is the main draw. For resale, appreciation will likely lag behind larger, updated homes nearby—but the low basis can still yield solid percentage gains if the area rises. It’s not a flip candidate unless you add square footage or significantly upgrade; it’s more of a hold-and-rent or live-in-and-upgrade-over-time property.