Property Overview: 189 Woodside Crescent, Winnipeg
Key Characteristics & Appeal
This home at 189 Woodside Crescent in the Meadows neighbourhood presents a solid, mid-sized family property built in 1988. With 1,263 square feet of living space on a 5,598 sqft lot, its dimensions are consistently average to above-average when compared to its immediate street, the wider Meadows area, and the city as a whole. The standout characteristic is its assessed value, which ranks in the top 22% on its own street and top 29% city-wide, suggesting it is viewed as a good value proposition relative to its peers.
The appeal lies in its established, stable context. It’s not the newest or largest home on the block, but it sits in a desirable position relative to neighbourhood norms for value and age. Recent sale history shows strong price growth, with the 2024 sale placing in the top 8% of sales on its street. This points to a home in a mature, settled area that has held and increased its market appeal.
This property would suit practical buyers looking for a known quantity—a home in a mature neighbourhood without major surprises. It’s ideal for first-time buyers or downsizers who prioritize a straightforward, value-conscious purchase in a well-established community over a brand-new build or a fixer-upper project.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,263 sqft, the living area is very close to the average for both the Meadows area and Winnipeg overall. It’s a typical size for the neighbourhood, offering comfortable space without being unusually large or small.
2. The assessed value seems high compared to some averages. What does that mean?
The assessment ranks well above average on its street and city-wide. This generally indicates that the municipal assessment views the property favorably in terms of value relative to similar homes, which can be a positive signal for its underlying market worth.
3. What does the recent sale history tell us?
The home sold in 2021 and again in 2024. The 2024 sale price range placed it in the top 8% of sales on Woodside Crescent, showing a significant increase and suggesting strong demand for this specific property or its immediate location.
4. Is the lot size a pro or a con?
At 5,598 sqft, the lot is above average for the Meadows area but around average on its own street. This means you get a decently sized yard compared to the broader neighbourhood, though it may not be the largest on the crescent.
5. The home was built in 1988. What should I consider?
A home from this era is likely to have undergone several updates. While major systems like the roof or furnace may be reaching a stage where inspection is crucial, this age of home often benefits from matured landscaping and settled foundations, with many original builder-quality items already replaced.