83 Fontaine Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,189-square-foot home built in 1956 on a 5,043-square-foot lot in Windsor Park. What stands out immediately is the gap between its living space and its assessed value. The home is larger than most on its street (top 8%) and well above the neighbourhood average for its size. Yet its assessed value of $270,000 is the lowest on Fontaine Crescent and sits well below both the neighbourhood and city averages. That combination—above-average square footage paired with below-average valuation—is unusual and worth a closer look.
The appeal here is less about curb appeal or a premium location and more about potential. For a buyer comfortable with a 1950s-era home that may need updating, this property offers a chance to gain more interior space for a lower entry price than other homes in the area. The lot is slightly smaller than typical for the neighbourhood, but at just over 5,000 square feet, it’s still a functional city lot. The age of the home (around the street average, slightly older than the neighbourhood norm) suggests it’s part of the original housing stock in Windsor Park, which often means established trees, mature landscaping, and a settled street.
This property would suit a buyer who wants more square footage without paying a premium for a fully renovated or newer home. It may also appeal to someone looking for a project—not necessarily a full gut renovation, but a home where cosmetic or mechanical updates could add value. Investors or first-time buyers with some renovation budget might find the value gap interesting. It’s less suited to someone wanting a move-in-ready home with a contemporary finish, or a buyer who prioritizes lot size over living area.
Five Frequently Asked Questions
1. Why is the assessed value so low compared to other homes on the street?
Assessed value reflects the municipality’s estimate of market value based on recent sales, condition, and features. Being the lowest on the street typically suggests the home has not been updated to the same degree as its neighbours, or there may be deferred maintenance. It does not necessarily mean the home is in poor structural condition, but it signals that the property has not kept pace with the upgrades seen elsewhere on Fontaine Crescent.
2. How does the living area compare to other homes in Windsor Park?
This home’s 1,189 square feet places it in the top 19% of comparable homes in the neighbourhood, meaning it’s significantly larger than average for the area. For reference, the neighbourhood average is around 1,091 square feet. If interior space is a priority, this property offers more room than most in Windsor Park.
3. Is the lot size a concern?
At 5,043 square feet, the lot is slightly smaller than the neighbourhood average (6,030 square feet) and ranks in the bottom 12% locally. It’s not unusually small for a city lot, but it’s worth noting if you’re expecting a deep backyard or space for additions. On the street itself, it sits near the middle.
4. What should I know about a home built in 1956?
Homes of this era often have solid construction but may have original systems (electrical, plumbing, heating) that are nearing end of life. Insulation and windows may also be dated. A home inspection is strongly recommended, particularly to check the foundation, roof, and mechanicals. That said, many 1950s homes in Windsor Park have been updated over the years, so specific condition will vary.
5. How does this property sit relative to the rest of Winnipeg?
Citywide, the home ranks around average for both living area and lot size, but below average for assessed value (bottom 22%). This reinforces the idea that the value gap is local—many other Winnipeg homes with similar square footage are valued higher. If you're comparing across the city, this property offers more space for less than the typical assessment.