28 Coral Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,040 sqft single-family home built in 1958, sitting on a 5,309 sqft lot in Winnipeg’s Windsor Park neighbourhood. The assessed value is $344,000.
The property’s main appeal is its affordability relative to citywide averages. The assessed value sits notably below the city median for comparable homes, and the living area is slightly below the local street average but within a typical range for the neighbourhood. The lot size, however, is the smallest on Coral Crescent and smaller than most in Windsor Park—this is the clearest trade-off. The house itself is from the late 1950s, which is typical for the street but a few years older than the broader neighbourhood average.
This property would suit a buyer who values a lower entry price over a large yard. It’s a realistic fit for someone looking to get into a established central neighbourhood without paying a premium for outdoor space. The home may also appeal to those who see potential in updating a post-war bungalow or starter home, rather than those seeking a turnkey property.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
On Coral Crescent, the assessed value is below average—ranked 42nd out of 50 homes. In the broader Windsor Park neighbourhood, it’s around the middle (top 64%), and citywide it sits slightly below the median. The $344,000 figure is lower than the citywide average of $390,100 for comparable properties.
2. Is the lot size a disadvantage?
It depends on your priorities. The lot is 5,309 sqft, which is the smallest on the street and smaller than 81% of lots in Windsor Park. If you want a large garden, space for additions, or privacy from neighbours, this lot is a limitation. If you prefer less maintenance or a lower purchase price, it’s less of an issue.
3. What is the typical condition of a home built in 1958?
Homes from this era often have original structural elements like plaster walls, older electrical systems, and possibly asbestos in flooring or insulation—common for the period. No specific condition data is provided here, so a full inspection would be essential. The year built is average for the street but older than much of the city’s housing stock.
4. How does the living space compare to other homes in Winnipeg?
At 1,040 sqft, it’s slightly below the citywide average of 1,342 sqft for comparable homes. Within Windsor Park, it’s close to the neighbourhood average of 1,091 sqft. It’s a modest but functional size, typical of mid-century bungalows.
5. What are the neighbours like in terms of property values?
Homes on Coral Crescent range widely in assessed value, with this property near the lower end. That means some neighbours likely have higher-value homes, possibly with updates or larger lots. This isn’t unusual in older neighbourhoods, but it’s worth considering if resale value or street appearance matters to you.