25 Columbus Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1967 bungalow sits on a generous 6,295 sqft lot in Westwood, Winnipeg. The living area is 1,229 sqft – slightly below the street and neighbourhood averages, but not dramatically so. The home’s standout feature is its land. City-wide, the lot size ranks in the top 25% of comparable properties, and on its own street it ranks 7th out of 49 homes. The year built is also noteworthy: at 1967, it’s one of the newer homes on Columbus Crescent (top 12% on the street). The assessed value of $376,000 is slightly below the street average of $399,800, which may reflect the smaller living area or interior condition not captured in these figures.
The appeal here is land and location, not square footage. A buyer who values outdoor space, gardening, or future expansion potential will see more opportunity than someone seeking a move-in-ready modern layout. It would suit families looking for a Westwood address with room to grow, or renovators willing to update a 1960s home. Investors might also take note: the combination of below-average assessed value and above-average lot size could signal upside after improvements.
Frequently Asked Questions
1. How does the living area compare to similar homes nearby?
The home’s 1,229 sqft is about 10% smaller than the street average (1,392 sqft) and roughly 8% smaller than the neighbourhood average (1,372 sqft). City-wide, it’s just below the median for comparable properties. It’s not undersized for a 1960s bungalow, but it’s not generous either.
2. Why is the assessed value lower than the street average?
The assessed value of $376,000 is about 6% below the street average. This likely reflects the smaller living area and possibly the home’s condition or outdated features. The land itself is valued above average, so the gap is probably in the structure.
3. Is the lot size unusual for this neighbourhood?
Yes. At 6,295 sqft, the lot is larger than the street average (6,143 sqft) and ranks in the top 14% on Columbus Crescent. City-wide, it falls in the top 25%. It’s a genuinely good-sized lot for an older Winnipeg bungalow, especially in Westwood.
4. What does “year built” really tell me about this home?
Built in 1967, it’s newer than most homes on its street (where the average is 1968, so it’s slightly ahead). Neighbourhood-wide, it’s about average. The main takeaway: it’s not an old character home, but it’s also not recent. Expect 1960s construction methods and materials.
5. Should I be concerned about the living area ranking?
Not necessarily. The living area is slightly below average, but not by a wide margin. If the lot and location suit your needs, the interior space can be reconfigured or expanded – especially given the generous land. Many buyers overlook square footage in favour of land value and neighbourhood stability.