33 Crestwood Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1959 bungalow in Windsor Park stands out mostly for what’s outside, not inside. The living area is 908 square feet, which is below average compared to similar homes on the street, in the neighbourhood, and across Winnipeg. The assessed value of $348,000 is essentially average locally, ranking in the middle of the pack on Crestwood Crescent and top 55% citywide.
The standout feature is the land. The lot measures 8,521 square feet — among the top 4% on the street and in the neighbourhood, and top 10% citywide. That’s roughly 35% larger than the typical lot in the area. The property’s real draw is not the house itself but the potential of the yard. Buyers who value outdoor space, gardening, expansion possibilities, or future redevelopment (subject to zoning) will find the most appeal here. It would also suit someone who prioritizes a quieter, older neighbourhood with generous lot sizes over a move-in-ready interior. This is not a house for someone wanting modern finishes or a larger floor plan without renovation.
Frequently Asked Questions
1. Is the house small for the neighbourhood?
Yes. At 908 square feet, it’s below the neighbourhood average of 1,091. You’re paying for the lot size, not the square footage of the home. If you need a lot of indoor space as-is, this likely isn’t it.
2. Why is the assessed value only average if the lot is so large?
Assessed value reflects the overall property, but in this case the house’s age and smaller living area pull the total down. A large lot alone doesn’t guarantee a high assessed value when the structure is modest and dated.
3. What’s the year built mean in practical terms?
Built in 1959, so expect original or older mechanicals, windows, and insulation unless upgrades have been confirmed. The ranking (top 31% on the street) suggests a few homes are older, but most are from around the same period. Budget for updates.
4. Could the lot be subdivided or developed?
It’s a large lot by city standards, but that doesn’t mean subdivision is automatically allowed. Zoning, setback rules, and servicing vary by area. You would need to check with the City of Winnipeg planning department directly.
5. How does this property compare with others on Crestwood Crescent?
It’s one of the biggest lots on the street (top 4%) but the smallest living areas (bottom 16%). The assessed value is bang-on average. In short: you’d be getting less house and more yard than most neighbours.