105 Crestwood Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 919 sqft bungalow built in 1959 on a 6,049 sqft lot in Winnipeg’s Windsor Park neighbourhood. The assessed value sits at $348,000.
The property is smaller than average in living space—ranking in the bottom 22% citywide—but the land tells a different story. The lot is above average for Winnipeg, placing in the top 30% citywide. This means you're buying more outdoor space than most comparable homes in the city, even though the house itself is compact.
The assessed value is around average for the street and neighbourhood, and slightly below the citywide median. The age of the home (1959) is also typical for the area, where many homes were built in the early 1960s.
Where the appeal lies: The mismatch between modest living area and generous lot size. Someone looking for a smaller footprint on a larger-than-usual property—perhaps to renovate, add an extension, or simply enjoy a big yard without paying a premium for square footage indoors—would find this interesting.
Who it suits: Buyers who value outdoor space over interior square footage. First-time buyers who want a manageable home with room to grow. Renovators or those open to a project where the land itself holds more value than the structure. Not ideal for someone who needs a large finished interior right away, or who prioritizes a newer build.
Five Possible FAQs
1. Is this a good property for someone who wants to renovate?
It depends on your goals. The lot size is strong for the city, so if you’re thinking of adding square footage or a garage, there’s space to work with. But the house is small and older, so you’ll need to budget for structural updates if you plan to expand.
2. How does the assessed value compare to similar homes?
It’s about average for the street and neighbourhood, and slightly below the citywide average. The value is more tied to the land than the house itself, since the living area is below local medians.
3. Why is the living area considered “below average” while the land is “above average”?
The house was built to a smaller floor plan typical of its era, but the lot it sits on is generous relative to many Winnipeg properties. This is fairly common in older neighbourhoods where homes were spaced out more.
4. Are there any concerns with a home built in 1959?
Not inherently, but you’ll want a home inspection to check for aging systems—plumbing, electrical, foundation, and insulation. Homes from this era can have good bones, but maintenance history matters a lot.
5. Is Windsor Park a stable or growing neighbourhood?
Windsor Park is an established, mid-century residential area. It’s not a high-growth or trendy zone, but it’s stable and family-oriented. Buyers here typically value mature trees, larger lots, and proximity to amenities over new construction.