73 Crestwood Crescent – Property Summary

Key Characteristics & Buyer Fit

This is a 1959 bungalow in Winnipeg’s Windsor Park neighbourhood, with 1,050 square feet of living space on a 6,051-square-foot lot. The home sits solidly in the middle of the pack across nearly every metric. Its assessed value of $351,000 is right around the street and neighbourhood averages, and the lot size is slightly above the citywide median — ranking in the top 29% across Winnipeg.

Where the property stands out is on land area. While the house itself is modest and typical for the era, the yard is proportionally generous compared to many other homes in the city. This makes it appealing for buyers who want outdoor space — gardening, kids’ play, or a future addition — without paying a premium for a larger house.

The year built (1959) means the home is older than roughly 60% of properties citywide. That’s not unusual for Windsor Park, where many homes went up in the late 1950s and early 1960s. Buyers should expect the character and maintenance needs of a mid-century home — possibly original finishes, single-pane windows, or older mechanicals — but also the structural solidity typical of that era.

This property suits practical buyers: first-time homeowners looking for an affordable entry into a stable, established neighbourhood, or downsizers who want a manageable footprint with decent outdoor space. It doesn’t offer flash, rarity, or turnkey convenience. What it offers is predictability — a home that sits near every relevant average, in a neighbourhood that ranks close to the middle of the pack. That stability can be a genuine advantage for someone who values consistency over upside.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
The assessed value of $351,000 is nearly identical to the average on Crestwood Crescent ($347,700) and the neighbourhood average ($354,200). It’s below the citywide average for comparable homes ($390,100), which reflects both the neighbourhood’s more moderate price range and the home’s older construction.

2. Is the lot size considered good for an older neighbourhood?
Yes. While the lot is slightly smaller than the street average (6,291 sqft), it ranks in the top 29% citywide. That means it’s bigger than most properties in Winnipeg, even if it’s unremarkable on its own street. For buyers who prioritize yard space over interior square footage, this is a strong point.

3. What should I look out for in a home built in 1959?
Common issues in homes of this vintage include aging electrical systems (often fuses instead of breakers), galvanized plumbing, single-pane windows, and insulation below modern standards. Foundation condition is also worth inspecting — many 1950s homes have poured concrete basements, but cracks or settling can occur over time. A pre-purchase inspection is strongly recommended.

4. How does this home rank within Windsor Park overall?
For living area, it ranks in the top 51% of the neighbourhood — essentially the midpoint. For assessed value, it’s slightly above average (top 56%). For year built, it’s in the top 55%. All told, it’s a representative property for the area: not standing out, but not underperforming either.

5. Is Windsor Park a good area for families or investors?
Windsor Park is a longstanding residential area with a mix of single-family homes, good schools, and proximity to parks and the Seine River. For families, it offers affordability and space relative to more central neighbourhoods. For investors, the returns tend to be steady rather than dramatic — this is a market of slow appreciation and stable rental demand, not rapid flipping.