50 Conifer Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,003 sqft home built in 1958 on a 5,773 sqft lot in Windsor Park. Its assessed value sits at $354,000, placing it almost exactly at the neighborhood average for assessed value but slightly below the citywide average for comparable homes ($390,100).
The main appeal here is value stability. The property doesn't stand out dramatically in any single metric—living area is below average for its street and neighborhood, the lot size is around average, and the assessed value is middle-of-the-pack. But that's the point. It's a solid, unflashy entry point into a settled Winnipeg neighborhood. The year built (1958) ranks high on its street (8th percentile), meaning it's one of the newer homes on Conifer Crescent, though it's around average for the broader neighborhood.
This property suits a buyer who prioritizes predictability over upside potential. Someone looking for a home that isn't the smallest or oldest on the block, but also isn't commanding a premium. First-time buyers or those moving within the city who want to avoid overpaying for a "character home" or a fully renovated flip would find this appealing. The lot is large enough for modest outdoor space, but not oversized for a family needing extensive yard. The trade-off: you're getting a home from the late '50s that likely needs some updating, but you're not paying for upgrades someone else made.
Five Possible FAQs
1. How does this property's living area compare to others nearby?
It's below average. At 1,003 sqft, it ranks in the bottom 16% on its street and bottom 27% in the neighborhood. Comparable homes in Windsor Park average around 1,090 sqft. If square footage is a priority, this isn't a standout—but it's not unusually small either.
2. Is the assessed value a good reflection of the home's condition?
The assessment is around average for both the street and neighborhood, and slightly below the citywide average for similar homes. That suggests the market sees this as a fairly priced entry-level property. However, assessed value doesn't account for interior condition or recent updates—it's based on comparable sales and size/age. A home in original condition would be valued similarly to one with upgrades, so the actual sale price could vary based on what's been done inside.
3. Why is the year built notable for the street but not the neighborhood?
This home was built in 1958. On Conifer Crescent, that puts it in the top 8%—meaning most houses on the street are older (average 1957). But across Windsor Park, the average build year is 1961, so 1958 is only slightly older than the norm. It's a newer home for its immediate block, but not for the wider area.
4. How does the lot size affect usability?
The lot is 5,773 sqft, which is around average for the street and neighborhood. Citywide, it's actually in the top 37% for comparable homes. That's a decent-sized lot for a 1950s bungalow—enough for a garden, a small shed, or a playset—but not oversized to the point of high maintenance. It's a practical, manageable yard.
5. What should a buyer look out for given the 1958 build date?
Homes from this era in Winnipeg often have original foundations (poured concrete or block), knob-and-tube wiring, and single-pane windows. The fact that the assessed value is average suggests it may not have been extensively renovated. A buyer should budget for potential updates to electrical, plumbing, insulation, and windows. The lot size and street location are stable, but the house itself may need more attention than a newer property.