65 Lavenham Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1,176 sqft home, built in 1969, sits on a 3,213 sqft lot in Winnipeg’s Westdale neighbourhood. What stands out most is its living space: it’s above average both on its street (ranked 4th out of 46) and within Westdale (top 15%), offering more interior room than many nearby homes. The assessed value of $240,000 is around average for Lavenham Crescent but notably below both the neighbourhood ($307,400) and citywide ($390,100) averages, suggesting the property is priced more modestly relative to its surroundings.
The land is where the trade-off becomes clear. The lot is slightly smaller than the street average and significantly below Westdale’s typical size (3,213 sqft vs. 5,168 sqft). That means less outdoor space but likely less upkeep, too.
Its appeal lies in the balance of interior size and modest cost. Buyers who want a home with decent square footage—especially compared to others on the same street—without paying a premium for a large yard or a high assessed value would find this practical. It would suit first-time buyers, downsizers who don’t need a big lot, or anyone looking for good indoor space in a stable older neighbourhood without stretching their budget. The 1969 build is among the oldest on the street (ranked top 2%), which may appeal to those who prefer solid construction era homes over newer builds—but it’s worth noting the neighbourhood overall skews slightly newer (average 1971).
Five Possible FAQs
1. How does the living area compare to other homes in Westdale?
It’s above average. The home’s 1,176 sqft puts it in the top 15% of comparable homes in the neighbourhood, where the average is 1,029 sqft. On Lavenham Crescent itself, it ranks in the top 9%.
2. Why is the assessed value lower than the neighbourhood average?
The assessed value of $240,000 is below Westdale’s average of $307,400. This likely reflects the smaller lot size and possibly the older build date compared to the neighbourhood median (1971). It could also indicate fewer recent upgrades relative to nearby homes.
3. Is the lot size a concern?
It depends on your priorities. At 3,213 sqft, the lot is typical for the street (average 3,277 sqft) but well below Westdale’s average of 5,168 sqft. If you want a larger yard for gardening or recreation, this may feel tight. If you prefer lower maintenance, it could be a plus.
4. What does the “year built” ranking tell me?
The home was built in 1969, making it the oldest on Lavenham Crescent (ranked 1st out of 46). That means it predates most other houses on the street, which could mean more original character or potential updates needed—something to verify with an inspection.
5. How was this data calculated?
The rankings compare this property to a defined set of “comparable homes” within each scope (street, neighbourhood, city). They’re based on four factors: living area, assessed value, year built, and land area. “Avg” refers to a rough median benchmark for those comparables. Full methodology details are available on the neighbourhood analysis page.