This is a 1,048 sqft home on a 5,001 sqft lot, built in 1959, with an assessed value of $331,000. Located in Winnipeg’s Windsor Park neighbourhood, the property sits on Fontaine Crescent.
The home’s strongest feature is its build year. It ranks in the top 3% on its street for age – meaning it's one of the newer homes on that block, which is somewhat unusual for a 1950s property. The living area is around average for the street and neighbourhood, not exceptional but not cramped either. The lot size is on the smaller side relative to nearby homes (top 87% on the street means 87% of lots are larger), which may matter if you value outdoor space or garden potential. The assessed value is slightly below the neighbourhood average, which could reflect the smaller lot or modest finishes.
This property would suit buyers who prioritise a newer build within an established older street, or those looking for a home that is not oversized but functional. It might also appeal to someone who wants a lower assessed value in a solidly average area – potentially meaning lower property taxes than neighbours with higher assessments. The combination of a decent living area and a smaller lot could work well for someone who wants less yard maintenance without sacrificing indoor space. It may be less ideal for buyers seeking a large garden, expansion room, or a bargain in a rising-value pocket.
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How does this home compare to others in Windsor Park?
It’s around average for living area and build year, and below average for lot size. The assessed value is below the neighbourhood average. In short, it’s a typical mid-century home on a smaller-than-usual lot.
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Why is the assessed value lower than the neighbourhood average?
Several factors can influence assessed value, including lot size, condition, and recent sales. The smaller lot here (5,001 sqft vs the neighbourhood average of 6,030 sqft) likely plays a role, as land value is a significant component of assessment.
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Is the lot too small for a garage or addition?
At 5,001 sqft, it’s not undersized by city standards, but it is small relative to the neighbourhood. Whether you can add a garage or extension depends on zoning, setbacks, and the home’s existing footprint. A professional site survey would be needed to confirm.
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How does the home’s age actually benefit me?
Being built in 1959 puts it among the newer homes on a street where the average build year is 1957. That doesn’t mean it’s modern, but it may have fewer of the issues that come with much older construction – like outdated wiring or foundation problems common in pre-war homes. It’s a subtle edge, not a guarantee.
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Is this a good investment for resale?
The property sits in a mid-range tier for most metrics – not outstanding, not struggling. That generally means stable but not high-growth. The smaller lot may limit appreciation compared to larger properties nearby, but the average living area and decent build year should keep it competitive for typical buyers. Consistent demand, not a home-run flip.