Key Characteristics & Appeal
This is a 1,037-square-foot home built in 1958 on a 6,050-square-foot lot, located at 79 Crestwood Crescent in Winnipeg’s Windsor Park neighbourhood. Its standout feature is the lot size: citywide, it ranks in the top 29%, meaning the yard is notably larger than most comparable properties across Winnipeg. The assessed value of $364k is above average for its street (top 23%), but sits right around the neighbourhood and city medians, suggesting the home is priced competitively for its immediate context. The living area and year built are both average for the area, with no major surprises.
The appeal here is practical rather than flashy. A buyer gets a solid, mid-century home on a generous piece of land in a well-established neighbourhood. The lot offers room for gardens, expansions, or simply space that newer infill homes often lack. This property would suit someone who values outdoor space and a stable, older neighbourhood over a move-in-ready, renovated interior. It’s a good fit for first-time buyers looking to build equity through gradual upgrades, or for someone who wants to be in Windsor Park without paying a premium for a fully updated house. The above-average street-level assessment ranking also hints that this particular stretch of Crestwood Crescent holds its value well relative to nearby streets.
Five Possible FAQs
1. How does the lot size compare to other homes in the area?
It’s above average citywide and slightly above average for Windsor Park. On its own street, it’s right around the middle. The yard is generous for an older neighbourhood, giving you more flexibility than most homes in this price range.
2. Is the assessed value of $364k in line with what the home might sell for?
Assessed value isn’t a direct sale price, but it’s a useful benchmark. The home is assessed above average for its street, which suggests it’s not undervalued locally. Citywide, it sits just below the median, so it’s priced realistically for the market.
3. What does “top 23% on the street” for assessed value mean in practical terms?
It means this home’s assessed value is higher than about 77% of comparable homes on Crestwood Crescent. That could reflect a larger lot, recent improvements, or simply good maintenance. It’s a sign the property holds value well within its immediate block.
4. How does the 1958 build year affect things like maintenance or renovations?
Being older than the neighbourhood average, you should expect some original systems or finishes. The upside is that homes from this era often have solid construction and good bones. Budget for updates to plumbing, electrical, or insulation, but you’re likely starting from a sturdy base.
5. Is Windsor Park a stable neighbourhood for resale value?
The data shows this area is around average citywide for assessed value, which suggests steady, moderate appreciation. It’s not a hot market outlier, but it’s not declining either. For someone planning to stay several years, it offers predictable, low-risk equity growth.