103 Fontaine Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,040 sqft home built in 1958, sitting on a 6,707 sqft lot in Winnipeg’s Windsor Park neighbourhood. Its assessed value is $319,000.
The property’s main appeal lies in its lot. The land area ranks in the top 11% on the street, top 17% in the neighbourhood, and top 20% citywide—well above the local average of 5,700 sqft. The year built also stands out: it’s one of the older homes on the street (top 11%), but the structure itself is roughly in line with the neighbourhood’s vintage.
The living space is close to average for the area, and the assessed value is slightly below the street median and notably below the neighbourhood average. That gap between a good-sized lot and a below-average assessment might reflect modest interior condition or updates not yet reflected in the valuation.
This property would suit a buyer who values outdoor space and is comfortable with an older home that may need some interior updating. It could also appeal to someone looking to build sweat equity—purchasing at a lower assessment in a neighbourhood where land is the stronger asset. It’s less suited to someone who prioritizes a move-in-ready interior or a larger floor plan without wanting to invest in renovations.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
The assessed value of $319,000 is below the street average of $341,800 and well below the neighbourhood average of $354,200. It ranks in the bottom 30% on the street and bottom 15% in the area. This could indicate the home’s interior or systems haven’t been recently updated, or that the assessment hasn’t caught up to recent sales.
2. Is the lot size unusually large for this street?
Yes. At 6,707 sqft, the lot is in the top 11% on Fontaine Crescent, where the average is 5,700 sqft. It also ranks in the top 17% for the wider Windsor Park area. That extra space is the standout feature of this property.
3. What does the “year built” ranking tell me?
The home was built in 1958, which makes it one of the earlier houses on the street (top 11%). That often means it was built before many of the area’s larger subdivision developments. Older homes in this range can have solid foundations and simpler construction, but may need updated wiring, plumbing, or insulation.
4. How does the living area compare to other homes in Winnipeg?
At 1,040 sqft, this home is around average for its street and neighbourhood, but noticeably smaller than the citywide average for comparable homes (1,342 sqft). That’s typical for an older, modestly sized home in an established neighbourhood—it’s not unusually small, but it’s not spacious by current standards.
5. Would this property be a good candidate for a renovation or addition?
Potentially. The larger-than-average lot gives more flexibility for an addition or a garage if zoning allows. The below-average assessed value relative to the land could also mean the structure itself is undervalued. However, buyers should verify setback rules, servicing, and any restrictions with the city before planning major changes.