43 Peel Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1968-built home in Westdale offers 804 sqft of living space on a 5,998 sqft lot, with an assessed value of $326,000. The property’s standout feature is its land. Relative to other homes in the neighbourhood, the lot is generous—ranking in the top third for land area both locally and citywide, and above the Westdale average. The living area, by contrast, is compact. It ranks near the bottom of the neighbourhood and falls well below city averages. The assessed value sits slightly above the neighbourhood norm but trails the street and city medians.
The appeal here is for a buyer who values outdoor space over square footage. This suits someone looking to renovate or expand a smaller home on a sizable lot, particularly in a well-established area like Westdale. It may also suit a downsizer who doesn’t need much interior room but wants a proper yard, or an investor eyeing the land value in a neighbourhood where lot sizes tend to be smaller. The year-built is average for its street but older than much of the surrounding area, which may matter for maintenance considerations.
Frequently Asked Questions
1. How does the living area compare to typical homes in Westdale?
It’s well below average. The neighbourhood median is about 1,029 sqft, and this home is 804 sqft. On its own street, it’s also on the smaller side, ranking 10th out of 17 homes.
2. Is the assessed value good value for the area?
It’s around the neighbourhood average, which is $307,400. On Peel Crescent, it’s below the street average of $339,400. Citywide, it’s also below the median. So it’s not cheap for the neighbourhood, but not overpriced relative to nearby homes either.
3. What’s the lot size, and is it unusual?
At 5,998 sqft, the lot is larger than most in Westdale (where the average is 5,168 sqft), but slightly smaller than the street average (6,395 sqft). It ranks in the top third citywide. For the neighbourhood, this is a big yard.
4. How old is the house, and does that affect maintenance?
Built in 1968, the home is older than most in Westdale (average 1971), but typical for Winnipeg citywide (average 1966). On its street, it’s one of the older homes. A 1960s build may have original systems or materials needing updates, but that’s common for the era.
5. Who would this property most likely appeal to?
Buyers who prioritize outdoor space and are flexible on interior size. It’s a good candidate for a renovation project, an addition, or someone who simply wants a yard that’s larger than what most Westdale homes offer. It’s less suited to someone seeking a large, move-in-ready home.