20 Coral Crescent – Property Summary
1. Key Characteristics & Buyer Profile
This is a 1,030 sq. ft. home built in 1958 on a 5,932 sq. ft. lot in Windsor Park. The property’s strongest feature is its assessed value — ranked in the top 30% on the street and top 16% in the neighbourhood — suggesting it holds above-average value relative to nearby homes. However, the living area and lot size are both on the smaller side compared to street averages. The lot in particular ranks near the bottom (49th out of 50) on Coral Crescent, though it’s more in line with neighbourhood and city norms.
The appeal here is pragmatic, not flashy. You’re getting a home that has been valued well above its immediate neighbours, which may indicate recent upgrades or strong underlying condition. The modest living area and lot size might deter buyers looking for maximum square footage or outdoor space, but they could suit someone prioritizing location and value per dollar over raw space. This property would likely suit a first-time buyer, a downsizer, or an investor who values a sound asset in a stable neighbourhood over a larger home.
2. Frequently Asked Questions
1. How does the assessed value compare to the selling price?
The assessment is $386,000, which is above the street average of $370,000 and well above the neighbourhood average of $354,200. This doesn’t guarantee the sale price, but it suggests the home is considered above-average in value locally. Citywide, it sits near average ($390,100).
2. Is the small lot a concern in this area?
The lot is 5,932 sq. ft., smaller than the street average of 6,614 sq. ft. However, the neighbourhood average is 6,030 sq. ft., so it’s not out of place for Windsor Park. Citywide, it’s actually slightly larger than the median for similar properties. The smaller lot may mean less yard maintenance — a trade-off some buyers prefer.
3. What does the “rank” data really mean for these categories?
The ranks compare this property against others in the same grouping (street, neighbourhood, city). For example, being ranked #15 out of 50 on the street for assessed value means 35 homes on Coral Crescent are assessed lower. It’s a relative measure — useful for context, not a definitive score. The ranking system uses “bigger is better” for land, living area, and value, and “newer is better” for year built.
4. How does the year built (1958) affect the property’s condition?
It’s typical for the street (average 1958) and slightly older than the neighbourhood average (1961). A home of this age often means original construction methods, which can be solid, but may also require updates to plumbing, electrical, or insulation. The above-average assessed value might reflect recent renovations, but it’s worth confirming with an inspection.
5. What’s the neighbourhood itself like?
Windsor Park is a well-established area in Winnipeg. The data shows this home ranks around average for living space and land within the neighbourhood, but above average for value — hinting that it may be a stronger asset relative to others nearby. The neighbourhood average year built (1961) suggests a mature tree canopy and established community, though streetscape and amenities would require a personal visit. Open the neighbourhood map analysis (linked below) to compare nearby properties directly.