Key Characteristics & Buyer Profile
51 Lismer Crescent is a 1970-built home in Westdale, Winnipeg, with 1,088 sq ft of living space on a 7,127 sq ft lot. Its standout feature is the lot size: it ranks in the top 10% within the neighbourhood and top 16% citywide, well above the local average of 5,168 sq ft. The living area is slightly above the street average (1,012 sq ft) and close to the neighbourhood average, putting it in the top third locally but below the citywide average of 1,342 sq ft. The assessed value ($362,000) is above both the street and neighbourhood averages, and sits near the citywide midpoint.
The property’s appeal lies in the generous land relative to the house size—a characteristic that suits buyers who value outdoor space, gardening, or future expansion potential over a larger interior. The Westdale location is established, with homes built around the same era, so the property fits into a consistent streetscape. It would suit buyers looking for a solid, unremarkable interior footprint with above-average yard space, particularly those who see the lot itself as the primary asset. It may also appeal to buyers who want a home in a lower-density area without paying a premium for a fully renovated interior.
FAQ
1. How does the living space compare to other homes in Westdale?
It’s slightly above the neighbourhood average of 1,029 sq ft, ranking in the top third locally. But it’s well below the citywide average of 1,342 sq ft, so it’s a modest interior by Winnipeg standards.
2. Why is the assessed value higher than most homes in the area?
The $362,000 assessment is above both the street and neighbourhood averages, likely driven by the large lot and its location on a crescent. The home itself is not unusually large, so the land value plays a meaningful role.
3. Is a 1970 build a concern for maintenance?
It’s typical for the area—the street and neighbourhood averages are both 1971. The home is about average age citywide. Buyers should expect systems (roof, furnace, windows) to be original or near end-of-life, but there’s nothing unusual about this year relative to the surrounding homes.
4. What kind of yard does this property have?
At 7,127 sq ft, it’s in the top 10% for Westdale and top 16% citywide. It’s larger than most on the street (average 6,437 sq ft) and significantly bigger than the neighbourhood average. It’s a practical lot for gardening, playsets, or adding a garage or workshop.
5. Who is this property not suitable for?
Buyers who want a large, open interior or a move-in-ready modern home may find it undersized. Also, if the priority is living space per dollar or a low-maintenance yard, this property’s strength is the opposite—it offers more land than house, so upkeep is yard-heavy relative to interior square footage.