35 Cherry Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,072-square-foot bungalow built in 1959, set on a 6,822-square-foot lot in Windsor Park. The property’s main strength is its assessed value relative to its immediate surroundings. On Cherry Crescent, it ranks #1 out of 29 homes (top 3%), and within Windsor Park it ranks in the top 5% for assessed value. The lot size is also notably generous—above average on the street, in the neighbourhood, and across Winnipeg. The living area is close to the street and neighbourhood averages, so it’s not unusually spacious inside.
The appeal here is less about the house itself and more about the land and the value position. A buyer gets a home that is assessed significantly higher than its neighbours, sitting on a lot that beats the citywide median. That combination often points to a property with strong underlying land value in a stable, mid-century neighbourhood. It would suit someone comfortable with a home that’s not freshly renovated but is well-located on a good-sized lot—perhaps a buyer planning to update over time, or someone who values outdoor space and proximity to established amenities over a modern interior. The 1959 build date is slightly older than the city average but typical for the street, so it’s in familiar company.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
Very favourably. The property is the top-ranked home on Cherry Crescent for assessed value (top 3%) and sits in the top 5% of Windsor Park. Citywide, it’s in the top 35%, which is solid but not exceptional—so the real value concentration is local.
2. Is the lot size unusual for the area?
It’s above average at all three levels: street, neighbourhood, and city. At 6,822 square feet, it’s slightly larger than the typical Windsor Park lot (about 6,030 sqft) and noticeably bigger than the citywide average for comparable homes (6,570 sqft). It ranks in the top 18% citywide for lot size.
3. How does the living area compare to other homes in Windsor Park?
It’s close to the neighbourhood average of 1,091 square feet, so the living space is typical for the area. It ranks around the middle of Cherry Crescent and the 44th percentile in Windsor Park—not unusually small or large for the context.
4. What does the “top 3% on the street” ranking for assessed value actually mean in practical terms?
It suggests the property is a high-value outlier on its block. That could reflect a well-maintained home, recent upgrades visible to assessors, or simply a lot that commands a premium. For a buyer, it means you’re paying into a street where this home is at the top of the value ladder—something to consider if you’re comparing purchase price to neighbours’.
5. Is this a good option for someone wanting a newer home or a major renovation project?
Neither, exactly. At 1959, it’s not new, but it’s not unusually old for the street (a few homes are older). The rankings suggest the structure is in decent shape relative to its peers, but no data is provided on mechanicals or finishes. It’s best suited for someone willing to work with a mid-century house on a strong lot—not a tear-down, but also not a turnkey modern home.