47 Dellwood Crescent – Property Summary
Key Characteristics & Ideal Buyer Profile
This is a well-positioned single-family home in Winnipeg’s Westdale neighbourhood, built in 1970 with 1,200 square feet of living space on a notably large 4,723-square-foot lot. What stands out immediately is the lot size: on Dellwood Crescent, it ranks in the top 6% — the third largest out of 54 homes. That’s a meaningful advantage in a street where the average lot is about 3,335 square feet. The home itself is also above average for the street in living area (top 2%) and assessed value (top 9%), suggesting it’s one of the more substantial properties on the block.
That said, the picture shifts at the neighbourhood and city levels. Living area is above average for Westdale (top 11%), but assessed value slips to around average for the area and below average citywide. This isn’t necessarily a red flag — it may reflect an older home that hasn’t been updated to match newer builds or a conservative assessment — but it’s worth noting for buyers who care about resale upside or comparability.
The appeal here is straightforward: a solid, older home on a generous lot in an established neighbourhood, with street-level bragging rights for space and land. It would suit a buyer who values outdoor space, plans to expand or renovate, or simply wants more breathing room than the typical suburban lot offers. It’s less suited to someone looking for a turnkey, move-in-ready modern interior or strong citywide investment metrics.
Frequently Asked Questions
1. How does the assessed value compare to similar homes on the street?
The home’s assessed value of $275,000 is above the street average of $257,100, ranking in the top 9%. Within Westdale, it sits around the middle (top 63%), and citywide it falls below average — likely because the home is older and the lot, while large by street standards, is smaller than the typical suburban lot across Winnipeg.
2. Is the lot size unusually large for the area?
Yes, at 4,723 square feet, it’s well above the Dellwood Crescent average of 3,335 square feet and ranks third out of 54 homes. However, at the neighbourhood level, it’s just above average (top 58%), and citywide it’s slightly below average. So the lot is a standout on the street but not exceptional for Westdale or Winnipeg as a whole.
3. How does the living space compare to other homes built around the same time?
The home’s 1,200 square feet is on the larger side for its street (top 2%) and above average for Westdale (top 11%). Citywide, it sits exactly at the median. For a 1970s home in this area, the living area is competitive, especially relative to the street.
4. What does the “rank by year” mean, and why does it matter?
The home was built in 1970, which ranks in the top 9% on the street — meaning only a handful of homes are newer. In a neighbourhood where the average build year is 1971, this property is essentially on par. Newer construction often appeals to buyers who want less deferred maintenance, but a 1970 home in good condition can still be a solid buy if systems have been updated.
5. Should I be concerned that the citywide ranking for assessed value is below average?
Not necessarily. The citywide average includes many newer, larger homes in higher-value areas. A below-average citywide rank doesn’t mean the home is overpriced — it simply reflects that Westdale is not one of Winnipeg’s most expensive neighbourhoods. For a buyer focused on value and lot size rather than speculative appreciation, this could even be an advantage.