60 Crestwood Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1,037 sqft home on Crestwood Crescent was built in 1958 and sits on a 5,674 sqft lot. Its assessed value (for tax purposes) is $391,000.
The property’s main strength is its assessed value relative to the immediate neighbourhood. On Crestwood Crescent, it ranks in the top 6% for valuation—well above the street average of $348,000. Within the broader Windsor Park area, it’s in the top 13%. This suggests the property holds above-average value for its location, which could appeal to buyers looking for a solid investment or strong resale potential in a stable, mid-century subdivision.
The living area and lot size are close to typical for the street and the wider community—neither oversized nor undersized. The home’s age is also in line with the neighbourhood norm. In other words, this isn’t a standout for space or land, but it doesn’t underperform either. It’s a conventional, middle-of-the-road property in terms of size and age, but with a valuation that punches above the local average.
This home would suit a buyer who values a sensible, unflashy property in an established area, and who sees the higher assessed value as a sign of solid building condition or desirable location within the street. It may be less appealing to someone seeking a large lot, a recently built home, or a bargain-price entry point.
Frequently Asked Questions
1. Does a high assessed value mean I’ll pay more in property tax?
Not necessarily in a straightforward way. Assessed value is used to calculate your share of the city’s overall tax levy. If your home’s value increased more than the average in Winnipeg, your taxes could go up more than others. That said, this home’s assessment is very close to the city average ($390,000), so its tax bill is likely in line with many other properties around the city.
2. The lot is smaller than the street average. Is that a problem?
It depends on what you’re looking for. The lot is about 10% smaller than the average on Crestwood Crescent, but within the normal range for Windsor Park. If you want a large yard for gardening or expansion, this might feel tight. If you prefer lower-maintenance outdoor space, it could be a plus.
3. The house was built in 1958. Should I expect major updates?
That’s a fair question for any home of this age. The data doesn’t tell us what renovations have been done, so a home inspection is essential. In this neighbourhood, many houses have been updated over the years, but some still have original systems. Expect to check the roof, furnace, windows, and electrical.
4. How does this home compare to others in Windsor Park overall?
It’s fairly typical. The living area, lot size, and build year all fall within the middle range for the community. The main difference is its assessed value—it ranks higher than most homes in the area. That suggests it may be in noticeably better condition or on a slightly more desirable block, even if the numbers on paper look average.
5. Is this a good investment property?
It could be, depending on your goals. The higher assessment relative to neighbours suggests the home may hold its value well. The average-size lot and living area mean it’s not an obvious candidate for a major renovation flip, but it could work as a stable rental in a family-oriented area, especially if it has been well maintained.