63 Evenwood Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 720 sqft home with 3,982 sqft of land, built in 1971, and assessed at $262,000. What stands out here is not the interior space—it’s genuinely small by city and neighbourhood standards—but the land. On its street, the lot ranks in the top 18% for size, meaning it offers more outdoor room than most neighbours. The house itself is about average for the street, but the living area is notably compact compared to the broader Westdale area and especially the city as a whole. The assessed value is also modest: below the neighbourhood and city averages, though on the street it’s fairly typical.
The appeal here is more about potential than perfection. A buyer who values a decent-sized yard in a well-established neighbourhood, and who doesn’t need a large interior, might see this as a chance to get into a better location for a lower price. It could also suit someone looking to renovate or add square footage later—the land gives room to work with, and the assessment suggests you’re not paying a premium for the structure itself. That said, it’s not a bargain fixer-upper in a rough area; the street rankings are solid, and the year built is newer than average for the street (top 23%). The property sits in a middle ground: not a standout, not a problem, but a sensible entry point with tangible land value.
This home would suit first-time buyers focused on location over square footage, downsizers who want a manageable interior but enjoy gardening or outdoor living, or investors looking for a property where the land holds more long-term value than the current house.
Five Possible FAQs
1. How does the living area compare to other homes on the same street?
It’s around average. The home is 720 sqft, while the street average is 862 sqft—so it’s slightly smaller, but ranks in the middle of the pack (top 59%). It’s not unusually small for the immediate area.
2. Is the assessed value a good indicator of what I’d pay?
Not directly, but it’s useful context. The assessment is $262,000, which is typical for the street but well below the city average. That suggests the price may be moderate, but market conditions and property condition will matter more.
3. What’s the advantage of a larger-than-average lot in this area?
The lot is 3,982 sqft, ranking top 18% on the street. That gives flexibility for additions, a larger garage, garden space, or outdoor amenities without feeling cramped. It’s a feature many homes in Westdale lack, since the neighbourhood average lot is over 5,000 sqft.
4. How old is the house, and is that considered old for Winnipeg?
Built in 1971, it’s around average age citywide and newer than average on its street (top 23%). It’s not a heritage home, but it’s old enough that systems like roofing, windows, or mechanicals may need updating—worth checking during a viewing.
5. Why is the citywide ranking for land so much lower than the street ranking?
The street has relatively small lots overall (avg 3,523 sqft), so this property stands out locally. But citywide, where many homes sit on much larger parcels (avg 6,570 sqft), it falls into the bottom quarter. It’s a strong lot for its immediate block, not for the whole city.