42 Bergman Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1,059 sqft single-family home, built in 1973, sits on a 5,092 sqft lot in Westdale, Winnipeg. Its strongest selling points are its assessed value and construction year relative to the immediate street and neighbourhood.
The assessed value of $351,000 ranks in the top 29% on Bergman Crescent and top 25% in Westdale, meaning it's priced higher than many nearby homes—likely reflecting updates or desirability that aren't captured by square footage alone. The build year (1973) also stands out: it's among the newer homes on the street (top 15%) and in the neighbourhood (top 18%), which can mean fewer major system replacements (roof, furnace, windows) compared to older stock in the area.
Its living area is roughly average for the street and neighbourhood, and the land area is slightly below average for the street. Citywide, this home is around average in most categories, meaning its value is somewhat localized to Westdale's market conditions.
This property would suit a buyer who wants a well-positioned home in an established neighbourhood, with above-average value retention and a newer build than many surrounding houses. It's not a fixer-upper candidate (land isn't oversized, living area is standard), but it likely offers a move-in-ready condition with solid comparables. It may appeal to families or professionals who prioritize neighbourhood stability and don't need maximum square footage or lot size.
Five Possible FAQs
1. Why is the assessed value high relative to the living area?
The assessed value ranks significantly better than the living area ranking at both street and neighbourhood levels. This suggests the home's value comes from factors beyond size—such as a newer build, quality finishes, location desirability, or recent renovations. A buyer should confirm which of these apply during a viewing.
2. Is the smaller-than-average lot a disadvantage?
On Bergman Crescent, the lot is below average (5,092 sqft vs. 5,577), but within Westdale it's roughly average. For a buyer who prefers less yard maintenance or wants a more compact footprint, this could be a plus. Those planning expansions or extensive landscaping may find it restrictive.
3. How does this home compare to newer suburban builds?
Citywide, this home's living area (1,059 sqft) is smaller than the average comparable home (1,342 sqft), and the lot is also smaller than average (5,092 vs. 6,570 sqft). However, it's older than the citywide average (1973 vs. 1966), which is actually newer in this context. Buyers moving from newer suburbs may find the rooms more compartmentalized and the lot less generous.
4. What does "top 15% for year built on the street" mean practically?
It means most houses on Bergman Crescent are older than 1973. This can translate into fewer unexpected repair costs for major systems (electrical, plumbing, roof) compared to neighbours with 1950s or 1960s construction. It also means the home may have more modern insulation, wiring, or layout conventions—but a home inspection remains essential.
5. Should I expect the assessed value to continue rising?
The home's value is already above average for both street and neighbourhood, so some of its appreciation may have already occurred. Its citywide ranking (top 53%) is closer to average, suggesting more room for growth depends on Westdale's local market trends rather than a citywide underpricing. A buyer should look at recent sale history in Westdale, not just this home's assessed value, to gauge momentum.