Property Overview: 81 Crestwood Crescent

This is a 1959-built, single-family home with 923 square feet of living space on a 6,049-square-foot lot, located in the Windsor Park area of Winnipeg. The property’s assessed value is $329,000.

Key Characteristics & Appeal

This home is smaller than average for its street, neighborhood, and the city as a whole. The living area falls in the bottom 25-30% of comparable properties near it. The lot size, however, is a relative strength: while average for the street and neighborhood, it ranks in the top 30% citywide. This suggests the property sits on a generous parcel of land for its modest footprint. The home was built in 1959, placing it among the older homes on the street (top 31% by age) but close to the neighborhood and city averages.

The appeal here is not in turnkey luxury or square footage. Instead, it lies in the land-to-building ratio. For a buyer looking at Winnipeg’s market, a property that is below average in house size but above average in lot size citywide can offer room for expansion, a larger yard than typical for similar homes, or a lower entry price relative to the land value. The assessed value is below the neighborhood and city medians, which may translate to relatively lower property taxes.

This property would suit a buyer who values outdoor space or potential over finished interior square footage—someone who might want to add an addition, build a garage, or simply have a bigger lot than the house suggests. It may also appeal to a buyer looking for a more affordable entry point into a stable, older Winnipeg neighborhood, who sees the land as the primary asset and the house as a starting point.

Five Possible FAQs

1. The house is 923 square feet. Is that unusually small for this area?
Yes, it is on the smaller side. It ranks in the bottom 23% on its own street and the bottom 13% within the Windsor Park neighborhood. However, the lot size is actually a bit larger than typical for the community, so you’re getting more land relative to the home’s footprint.

2. How does the property tax assessment compare to other homes nearby?
The assessed value is $329,000, which is below the neighborhood average of $354,000 and the city average of $390,000. It falls near the middle of the pack citywide (top 61%), but is on the lower end compared to other homes on Crestwood Crescent and in Windsor Park. This suggests the taxes could be more manageable than many comparable nearby listings.

3. The home was built in 1959. What should I expect from a property of that age?
It’s typical for the area—the average build year in Windsor Park is 1961. Homes from this era often have solid construction, but you would want to check for updates to major systems like plumbing, electrical, heating, and windows. The age is not a red flag for the neighborhood, but it places the home in an older bracket citywide.

4. The lot seems large for the house. Can I build an addition?
At 6,049 square feet, the lot is in the top 30% citywide. Whether you can add square footage depends on local zoning, setback rules, and permits. The land’s size does offer that possibility, which is worth looking into if you want more living space later. It’s one of the main features that sets this property apart.

5. How does this property compare to others on Crestwood Crescent specifically?
On its own street, it is smaller than average in living space (923 sq ft versus the street average of 1,042 sq ft) and has a slightly lower-than-average assessed value. The lot is close to the street average, but the home ranks among the older third of houses on the crescent. In short, it’s a more modest home on a typical lot for the street, priced accordingly.