98 Fontaine Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1957 home in Windsor Park, Winnipeg, with 998 square feet of living space on a 4,999-square-foot lot. Its assessed value sits at $330,000. What stands out here is the trade-off between the house itself and the land.

On paper, the property is consistently below average across all three comparison levels—street, neighbourhood, and city—for living area and land size. The lot in particular ranks near the bottom on Fontaine Crescent (top 94%, meaning only a handful of neighbours have smaller lots). The house is older than most in the neighbourhood and city, but the year built is actually typical for the street itself, suggesting this pocket of Windsor Park was developed around the same time.

The appeal here is not about size or standout features. It’s about relative affordability. The assessed value is lower than the street average, neighbourhood average, and city average—and in a market where price often climbs with square footage, this property offers a lower entry point without being an outlier in condition or era. For a buyer who values location over square metres, or who is willing to invest in a renovation rather than paying a premium for something turnkey, this home makes more sense than the rankings might suggest.

It would suit first-time buyers looking for something functional in an established neighbourhood, or investors who see potential in an older home on a modest lot where the purchase price leaves room for upgrades. It would not suit anyone expecting a large yard, open-concept living space, or a recently updated interior.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
The assessed value of $330,000 is slightly below the street average of $341,800 and well below the neighbourhood average of $354,200. Citywide, it also lands below the average for comparable homes. This puts it in a more accessible price bracket relative to what’s typical in the area.

2. The land area looks small—will I have much of a yard?
At just under 5,000 square feet, the lot is on the smaller side. On Fontaine Crescent, it ranks in the bottom 6% for land area. If outdoor space is a priority, this property may feel tight. That said, the size is still workable for a modest garden or patio, and maintenance is less demanding than a larger lot.

3. How old is the house, and should I expect major updates?
Built in 1957, the home is typical for the street but older than the neighbourhood and city averages. Homes from this era often need updated electrical, plumbing, or insulation. A thorough home inspection would be wise to identify any deferred maintenance.

4. Is this a good area for resale value?
Windsor Park is a long-established neighbourhood, and the property’s assessed value ranks closer to the middle citywide (top 61%) than its living area ranking might suggest. That points to reasonable demand for the area itself. The smaller lot and older construction may limit appreciation compared to newer or larger homes, but the lower purchase price also reduces downside risk.

5. Who typically buys homes like this one?
Often, it’s first-time buyers who are priced out of larger or more recently renovated homes, or buyers who plan to renovate gradually. Investors also look at these properties when the numbers make sense for a rental or flip, provided the cost of updates aligns with the after-repair value in the neighbourhood.