32 Evenwood Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1,008 sqft home, built in 1971, sits on a 3,486 sqft lot in Westdale, Winnipeg. Its assessed value is $274,000.
The property’s strongest feature is its value relative to the street. Compared to other homes on Evenwood Crescent, it ranks in the top 20% for living area and top 29% for assessed value. This means it offers more space and higher equity than most of its immediate neighbours, without exceeding the local average price point for Westdale. The year built (1971) is also typical for the neighbourhood, so you’re not buying into an area with widely varying construction eras.
The trade-off is apparent at the city-wide level. The home is below average in both living area and land size compared to Winnipeg as a whole, and the land parcel (3,486 sqft) is notably smaller than the Westdale neighbourhood average of 5,168 sqft. This isn’t a sprawling property—it’s a compact, efficient footprint. Buyers who prioritize a prime street location over a large yard, or who see the smaller lot as lower maintenance, will find this appealing. It suits first-time buyers looking for a solid entry into a desirable area, downsizers, or investors seeking a rental with good street-level comparables.
Frequently Asked Questions
1. How does the assessed value compare to similar homes in Westdale?
The home’s assessed value ($274,000) is slightly below the Westdale neighbourhood average of $307,400, placing it in the top 64% of comparable properties. This suggests it is priced competitively within the broader area, though the street-level ranking (top 29%) indicates it stands out relative to its immediate neighbours.
2. Is the lot size considered small for the neighbourhood?
Yes. The lot is 3,486 sqft, while the average for Westdale is 5,168 sqft. This places it in the bottom 25% of properties in the neighbourhood. For buyers who want a larger yard for gardening, sheds, or outdoor space, this may be a limitation. But for those wanting less upkeep, it can be a positive.
3. What does the living area rank tell a buyer?
The home ranks in the top 20% on Evenwood Crescent for living area, making it one of the larger homes on the street. However, at the city level, it ranks in the top 73%, meaning it’s below average for Winnipeg. In short: it’s generous for its immediate location, but not oversized by broader standards.
4. Is this home a good value compared to others built around the same time?
The home was built in 1971, which aligns exactly with the neighbourhood average, and it’s newer than the city-wide average of 1966. The consistency in age across the street means you’re likely dealing with similar construction standards and maintenance profiles among neighbours, which can help with resale predictability.
5. What’s the neighbourhood like in terms of property diversity?
Westdale shows notable variation. While this home’s living area and age are around average for the area, its lot size is significantly smaller than the neighbourhood norm. This suggests a mix of property types—some with more generous land, others more compact. It’s not a uniform subdivision, so buyers should check neighbouring lots closely when visiting.
To see how this property compares on a map with nearby homes, view the neighbourhood analysis page.