77 Crestwood Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 908 sqft bungalow built in 1959, sitting on a 6,050 sqft lot in Winnipeg’s Windsor Park neighbourhood. The assessed value is $349,000.

The property’s main strength is its land. Citywide, the lot ranks in the top 29%—meaning it's noticeably larger than most comparable homes in Winnipeg. The house itself is smaller than average at every level (street, neighbourhood, and city), and it was built slightly earlier than many surrounding homes. Assessed value sits close to the median for both the street and neighbourhood, which suggests the price is in line with what similar properties nearby are going for.

The appeal here is less about the house and more about the package. For someone who values outdoor space or sees potential in a larger lot, this property offers something harder to find than extra square footage. It’s not a home that will stand out for its size or modernity, but it could suit a buyer willing to invest in updates over time—or someone who simply values a good yard over a big interior. First-time buyers, downsizers looking for manageable indoor space with room to garden, or anyone who wants a solid lot in an established neighbourhood without paying a premium for a fully renovated house might find this worth a closer look.

Frequently Asked Questions

1. How does the living area compare to other homes in Windsor Park?

It’s below average. The neighbourhood median is 1,091 sqft, so this home is about 17% smaller. On its own street, it ranks near the bottom in terms of square footage.

2. Is the assessed value a good indicator of market price?

Not exactly, but it’s a useful benchmark. The home is assessed at $349,000, which is close to the street average ($347,700) and slightly below the neighbourhood average ($354,200). Citywide, comparable homes average $390,100. Assessment and market value aren’t the same thing, but this suggests the property is priced competitively within its immediate area.

3. Why does the land area ranking matter more here than living area?

Because the lot is the standout feature. It’s above average citywide (top 29%), while the house is below average in size. In a neighbourhood like Windsor Park, where many homes were built in a similar era, a larger lot often provides more flexibility—whether for additions, a garage, or simply more outdoor living space. Buyers focused on square footage alone might overlook this.

4. What does the 1959 build year mean practically?

It means the home is roughly 65 years old, which is typical for the area. The street average is 1960, so it’s right in line. Older construction can mean solid bones (often with better materials than newer builds), but it also means systems like wiring, plumbing, insulation, and windows may need attention. A buyer should budget for potential upgrades, especially if the home hasn’t been significantly renovated.

5. Who would this property not suit?

Someone looking for a move-in-ready home with a large, open floor plan or modern finishes. The interior is smaller than average and likely reflects its era. Buyers who want a low-maintenance, turnkey property with minimal outdoor space should also look elsewhere. This home suits someone who sees the lot as an asset and isn’t fazed by the idea of gradual improvements.