18 Dellwood Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1,170 sqft home built in 1970 sits on a 3,300 sqft lot in Winnipeg’s Westdale neighborhood. Its standout feature is value: the assessed value of $267,000 is notably below both the neighborhood average ($307,400) and the citywide average ($390,100), while the living area remains competitive. On Dellwood Crescent specifically, it ranks in the top 13% for living space and top 20% for assessed value—meaning you get more square footage than most neighbors for a price that’s still reasonable by local standards.
The trade-off is land. The lot is below average for Westdale (3,300 sqft vs. the neighborhood’s 5,168 sqft median) and well below citywide norms. The home itself is also older than many nearby houses, though it lands around the citywide median for year built.
This property would best suit a buyer who prioritizes indoor space per dollar over outdoor space, and who doesn’t need a large yard. It’s a practical fit for first-time buyers, investors looking for a solid entry point in a decent neighborhood, or downsizers who want a manageable lot. The value gap relative to citywide averages suggests potential for long-term appreciation, provided the interior condition holds up—but the smaller lot and older build mean less upside from land speculation or major redevelopment.
Frequently Asked Questions
1. How does this home’s value compare to others on the same street?
It ranks 11th out of 54 homes on Dellwood Crescent (top 20%), with an assessed value of $267,000 versus the street average of $257,100. That’s above the median but not the highest—so it’s solid but not overpriced for the block.
2. Why is the land area so much smaller than the Westdale average?
The Westdale average lot is 5,168 sqft, well above the city average. This home’s 3,300 sqft lot is actually close to the street-level average (3,335 sqft), suggesting Dellwood Crescent itself tends toward smaller parcels. You’re trading yard space for the convenience of a more compact, lower-maintenance property.
3. Is a 1970 build a concern for maintenance or renovations?
At 54 years old, the home is around the citywide median for year built. Systems like roofing, plumbing, and electrical may need updating depending on prior maintenance. The year-built ranking (top 9% on the street) means it’s one of the newer homes on Dellwood Crescent, but by Westdale and citywide standards it’s typical—so expect normal mid-century upkeep.
4. What does “Top 13% for living area on the street” actually mean in terms of usable space?
It means only 6 or 7 other homes on Dellwood Crescent have more square footage. At 1,170 sqft, it’s a hair above the street median (1,149 sqft) and noticeably larger than the Westdale median (1,029 sqft). For a single-family home in this price range, that’s generous interior space—especially relative to the smaller lot.
5. How does this property compare to similar listings citywide for affordability?
Citywide, comparable homes average $390,100 in assessed value—roughly 46% higher. This home sits near the bottom for assessed value (top 79% means it’s cheaper than most) while offering slightly below-average square footage (top 53%). For buyers priced out of larger lots or newer builds, it’s a strong value proposition in a respectable neighborhood.