86 Dellwood Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1,170 sqft home, built in 1970, sits on a 3,000 sqft lot in Winnipeg’s Westdale neighbourhood. Its standout feature is relative living space: it's larger than most homes on the same street (top 13%) and in the wider neighbourhood (top 16%), though it falls around the citywide average. The assessed value of $263,000 is above the street average but below both the neighbourhood and citywide medians, suggesting the home offers more interior square footage at a comparatively modest valuation.
The lot is where the trade-off appears. At 3,000 sqft, it's slightly under the street average and well below both the neighbourhood (5,168 sqft) and citywide (6,570 sqft) averages. This is typical of older, established areas where smaller lots are common. The year built is middle-of-the-road—not unusually old or new by local standards.
This property would suit a buyer who prioritizes interior living space over a large yard. It's a good fit for someone looking for a solid, well-located home in a mature neighbourhood without paying a premium for a big lot. The below-average assessed value relative to the city could also appeal to buyers seeking better value per square foot, or those who plan to renovate and build equity.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
Above the street average ($257,100) but below the Westdale average ($307,400) and the citywide median ($390,100). That puts it in an interesting spot: you're paying less than the neighbourhood norm for a home with above-average living area.
2. Is a 3,000 sqft lot small for the area?
Yes, relative to the neighbourhood. The average lot in Westdale is 5,168 sqft, so this is roughly 42% smaller. However, it's closer to the street average of 3,335 sqft, meaning smaller lots aren't unusual on Dellwood Crescent itself.
3. How does the living space stack up against other homes built around 1970?
The home is larger than most comparably aged homes on the street. It ranks 7th out of 54 on Dellwood Crescent, putting it in the top 13% for living area among homes of similar vintage and type.
4. What does "top 13%" or "top 53%" actually mean for rankings?
These are percentile rankings relative to comparable homes (same type, age range, etc.) within three scopes: the street, the neighbourhood (Westdale), and the city. Top 13% on the street means only about 12% of similar homes on Dellwood are larger. Citywide top 53% means it's just above the middle of the pack—neither notably large nor small in a broader context.
5. Is this a good investment property?
Potentially, if you're buying for the interior square footage rather than land value. The lower assessed value relative to the city average, combined with above-average living space on the street, could mean room for appreciation if the neighbourhood continues to strengthen. However, the small lot may limit redevelopment or expansion options, which some investors look for.