Here is a clean, standalone summary of the property at 34 Fitzgerald Crescent.
Property Overview & Ideal Buyer Profile
This home is a 1,060 sqft, single-family property built in 1971, situated on a 6,294 sqft lot in the Westdale neighborhood of Winnipeg. Its key characteristic is a clear trade-off between a modest living space and a generously sized lot.
The appeal lies in the land itself. While the home’s living area (1,060 sqft) ranks near the top of its street (top 30%), it is noticeably smaller than the citywide average for comparable homes (1,342 sqft). Conversely, the lot size (6,294 sqft) is above average both within the Westdale neighborhood (top 23%) and citywide (top 26% overall). This suggests the property’s real value is in the outdoor space rather than the interior square footage.
The home’s 1971 construction year is considered "Elite" for this street, as it is the newest home on Fitzgerald Crescent. This means its systems (roof, windows, mechanicals) may be younger relative to older neighbors, but a purchaser should still expect a home of this vintage to need periodic updates.
This property would suit a buyer who:
- Prioritizes a large, private yard or garden space over a large interior footprint.
- Is comfortable with a compact floor plan (1,060 sqft) and may be looking for a starter home, a downsizing opportunity, or a project to renovate and expand.
- Wants to buy in a street with newer construction relative to its immediate surroundings, potentially reducing the risk of major immediate replacements.
Five Frequently Asked Questions
1. How does the assessed value compare to similar homes in the area?
The current assessed value of $335,000 is below the average for homes on this street (approx. $355.5k), indicating it may be priced slightly under neighbors of similar size. However, it is above the neighborhood average ($307.4k), reflecting the premium placed on the larger lot within Westdale.
2. Is the living space too small for resale value?
The living area is average for the neighborhood (1,029 sqft) and strong for the street, but it is small by citywide standards. The floor plan may feel tight for a growing family. However, the larger lot offers expansion potential—if a buyer can add square footage, the property could become very competitive, as the land is already above-average for the area.
3. What is the condition of a home built in 1971?
The build year is the best on the street, but it is still a 50+ year old home. A buyer should budget for typical mid-century home updates: possibly original windows, electrical, plumbing, and insulation may not meet modern efficiency standards. The "Elite" street ranking simply means it’s newer than its neighbors, not that it is new.
4. Why is the lot ranked so much higher than the living area?
The lot is in the top 26% citywide, while the living area is only average citywide. This is a classic scenario of a home sitting on a more valuable piece of land. The house may be an "under-improvement" on the lot—meaning a future buyer could potentially build an addition or a secondary dwelling (subject to zoning) to better utilize the space.
5. Is this a good investment in the Westdale neighborhood?
Westdale is a stable, mid-tier neighborhood. The property ranks around average in value and age at the neighborhood level. The key investment angle here is the land: large lots in established neighborhoods tend to appreciate well. The house itself is functional but not a standout, so the return will likely come from the land value over time, not from the home's current floor plan.