124 Harwood Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1974 bungalow with 848 sq. ft. of living space on a 3,199 sq. ft. lot, located in Winnipeg’s Westdale neighbourhood. Its assessed value is $274,000.
The property’s standout feature is its year built. It’s the newest home on Harwood Crescent (ranked #1 out of 70) and sits in the top 9% of homes in the wider Westdale area. For buyers who prioritize a newer build or want to avoid the maintenance that often comes with an older house, this is a clear draw.
That said, the trade-off is size. The living area and land area both fall below neighbourhood and city averages. The lot is noticeably smaller than the typical Westdale property, and the house itself is compact. The assessed value sits roughly in the middle of the street but below the neighbourhood average—suggesting the home is priced for its size rather than its age.
This property would suit a buyer who values a newer, lower-maintenance home over square footage. It’s a natural fit for first-time buyers, downsizers, or anyone looking for an efficient layout on a modest lot. It may frustrate buyers expecting the generous rooms or large yard typical of older Westdale homes.
Five Frequently Asked Questions
1. How does the living area compare to other homes in the area?
On the street, this home is below average—ranked 57th out of 70. Neighborhood-wide, it’s in the bottom 18% for living space. It’s a compact house, even by local standards.
2. Why is the assessed value lower than the neighbourhood average?
The main factor is size. The average assessed value in Westdale is $307,400, while this home is assessed at $274,000. The lower living area and smaller lot are the likely reasons. The newer construction helps, but not enough to close the gap.
3. Is the lot big enough for a garage or addition?
At 3,199 sq. ft., the lot is smaller than most in Westdale (average 5,168 sq. ft.) and citywide (average 6,570 sq. ft.). Options for a detached garage or significant addition would be tight, if feasible at all. A landscape or zoning check is recommended before planning any major changes.
4. How does the property rank citywide?
Citywide, the home is in the top 87% for year built (newer than average), the top 87% for living area (smaller than average), and the top 85% for lot size (smaller than average). Its assessed value sits at the 77th percentile, reflecting modest pricing by city standards.
5. What’s the main trade-off with this property?
You get a newer home with less space. For buyers who want a house that doesn’t require major updates or repairs, this is a strong option. For buyers who want room to spread out or a large yard, it’s likely not the right fit. The value lies in the build year, not the footprint.