54 Jolliett Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,268 sqft bungalow built in 1962, sitting on a 5,968 sqft lot in Winnipeg’s Westwood neighbourhood. Its assessed value is $351,000.
The property’s main draw is its land. The lot is slightly larger than average for its street and ranks in the top third city-wide. For buyers who value outdoor space, yard potential, or room for future additions, this is the standout feature. The living area is a touch below neighborhood and city averages, but holds its own on Jolliett Crescent itself. The house is older than much of Westwood (where many homes date to the mid-1960s), which may be a consideration if someone is looking for newer construction, but also leaves room for value-add through updates.
This property would suit a buyer who is willing to take on a moderate renovation or who appreciates a home with original character and a solid lot. It is less ideal for someone wanting a move-in-ready, modernized space—or for those who prioritize a larger interior footprint over land. First-time buyers looking for a project, downsizers wanting a manageable house with a good yard, or investors seeking a property with below-average assessed value relative to the area could all find it worth a look.
Five Possible FAQs
1. How does this home’s assessed value compare to others nearby?
It’s right around average for Jolliett Crescent, but significantly below the Westwood neighborhood average ($392K) and the city average for comparable homes ($390K). This suggests it’s priced conservatively relative to its broader market, possibly reflecting its older construction or interior condition.
2. Is the lot size a selling point?
Yes, especially if you compare it street-wide and city-wide. At 5,968 sqft, it ranks 11th out of 30 on its street (top 37%) and in the top 34% across Winnipeg. It’s very close to the street average but a bit smaller than typical Westwood lots (6,491 sqft). So, it’s above average in the city context, but not unusually large for the area.
3. What does “Top 80%” for year built mean in Westwood?
It means this home is older than 80% of comparable homes in the neighborhood—only 20% are older. Most Westwood homes in this group were built around 1966, so this one is a few years behind. For buyers, that could mean more original systems (plumbing, electrical, foundation) to evaluate, but also potentially less competition from newer builds on the market.
4. Is the living area considered small for a 1960s bungalow?
It’s slightly below the street average (1,281 sqft) and the city average (1,342 sqft), but not dramatically so. It’s comparable to many mid-century bungalows in Winnipeg. If you’re used to modern open-concept layouts, the interior may feel more compartmentalized, but for a bungalow of this era, the size is reasonable.
5. What kind of neighbourhood is Westwood like for resale?
Westwood is a well-established, family-oriented area with a mix of older and updated homes. The fact that this property ranks in the top 67% for assessed value within the neighborhood (meaning lower than most) could be a positive for buyers looking for a lower entry point in a stable area. However, it also suggests that many nearby homes have seen more investment, which could impact resale if you don’t plan to upgrade.