62 Harwood Crescent

Key Characteristics & Buyer Profile

This property is a 1972-built home with 970 sq. ft. of living space on a 3,197 sq. ft. lot, located in Winnipeg’s Westdale neighbourhood. Its assessment value is $252,000.

The property’s appeal lies in its relative affordability and its position within the market. Compared to other homes on Harwood Crescent and in Westdale, the living space is close to the average, but the lot size and assessed value are notably lower than both the street and community averages. This makes it a below-average entry point for the area. It is not a standout property in terms of size or lot, but that is the draw: it offers access to a desirable neighbourhood without the premium price tag that typically comes with it.

This home would best suit a buyer who prioritizes location over square footage. Someone willing to accept a smaller lot and a modest interior footprint in exchange for living on a quieter street in Westdale. It may also appeal to an investor or first-time buyer looking for a lower-cost entry into a stable, established area, with the understanding that the property does not carry the typical land value of surrounding homes.

Five Possible FAQs

1. How does this home compare to others in Westdale?
The living area is very close to the neighbourhood average, but the lot is significantly smaller—about 40% less land than the typical Westdale property. The assessed value is also below the area norm, reflecting the smaller footprint.

2. Why is the assessed value lower than the neighbourhood average?
The primary drivers are the smaller lot size and slightly more modest living area. While the home is comparable in age to others nearby, the total square footage (land and building) pulls the assessed value down relative to the rest of Westdale.

3. Is this a small house compared to others in Winnipeg?
Yes. City-wide, the average living area is 1,342 sq. ft., and the average lot is over 6,500 sq. ft. This property is notably smaller in both aspects, ranking in the bottom quarter for size across the entire city. It is a compact home by Winnipeg standards.

4. Could I add an addition or expand the home?
The larger concern is the lot. At just over 3,100 sq. ft., the land is already below average for the street. Any expansion would depend on zoning setbacks, which are not covered here, but the limited lot depth and width are a practical constraint that a potential buyer would want to investigate thoroughly.

5. Is the 1972 build a risk or a benefit?
It is neutral. The home is right at the average age for the street and only slightly newer than the wider Westdale average. This means it is not an old character home, nor a recent build. A 1972 home is old enough to potentially need updates (roof, windows, mechanicals), but not so old that it comes with the deferred maintenance of a pre-war house. A home inspection is advisable to assess the specific condition.