38 Harwood Crescent – Property Summary
Key Characteristics, Appeal & Ideal Buyer
This is a 1972-built home in Winnipeg’s Westdale neighbourhood, offering 970 sqft of living space on a 3,197 sqft lot. Its assessed value is $280,000.
What stands out here is balance. The home sits close to the average for its street and neighbourhood in terms of size, age, and assessed value. It doesn’t lead the pack in any single metric, but it also doesn’t lag significantly—except for lot size, which is noticeably smaller than both the street and neighbourhood averages. Buyers who prioritise a manageable footprint and lower land costs may see this as a practical choice rather than a limitation.
The property appeals most to first-time buyers or those scaling down who want a functional home in a established neighbourhood without paying a premium for extra land or square footage. Westdale offers convenient access to amenities and the university, while the home’s mid-range position in the market suggests it’s unlikely to carry a speculative premium. For someone looking for a solid, unflashy entry point into the area, this is worth considering.
Frequently Asked Questions
1. How does the property compare to others in Westdale?
The home is near the neighbourhood average for living area, age, and assessed value. Its lot size, however, is below average—about 60% of the median for Westdale. This means less outdoor space but also potentially lower maintenance.
2. Is the assessed value a reliable guide to market price?
Assessed value reflects a municipality’s estimate for property tax purposes and may differ from current market value. In this case, the assessment is close to the street and neighbourhood averages, so it provides a reasonable baseline—but not a precise sale price.
3. Why is the lot size notably smaller than the neighbourhood average?
Westdale includes many homes on larger lots, particularly older properties. This home’s lot is modest by comparison, which is common for infill or more densely developed sections of the area. Buyers should check the actual dimensions and layout to see if the outdoor space meets their needs.
4. What condition should I expect from a 1972 home?
The build year suggests the home is over 50 years old, so updates to mechanical systems, windows, roofing, and insulation may have been done—or may be needed. A thorough inspection is advisable. The data does not indicate renovation history.
5. Who typically buys in Westdale, and what’s the resale potential?
Westdale attracts a mix of families, professionals, and university affiliates due to its location near the University of Manitoba and major routes. Resale potential depends on the condition and updates of each property, but the area generally holds value due to steady demand and good access to amenities.