74 Lismer Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1,100 sqft home in Westdale was built in 1970 and sits on a 5,876 sqft lot. Its main draw is interior space. Within its own street (Lismer Crescent), it ranks 6th out of 47 homes for living area—placing it in the top 13%. Compared to the broader Westdale neighbourhood, it falls in the top 30% for size. That means it offers noticeably more room than the average home on the block (typically around 1,012 sqft), while the lot itself is on the smaller side compared to immediate neighbours.
The assessed value (based on property tax data) is $354,000, which sits close to the street average but is above the neighbourhood median of $307,000. This suggests the home carries a slight premium within its immediate context, likely driven by its larger floor plan.
This property would suit a buyer who prioritises indoor square footage over yard space, particularly someone looking for a home that already stands out in size on a quiet, established street. It may also appeal to those who want a solid, mid-century build in a neighbourhood where comparable homes tend to be smaller—offering a bit more breathing room without jumping up to a significantly higher price tier.
Frequently Asked Questions (FAQs)
1. How does the lot size compare to other homes on this street?
The lot is 5,876 sqft, which is below average for Lismer Crescent (around 6,437 sqft). It ranks near the bottom of the street (44th out of 47 homes). Within the wider Westdale area, however, it sits closer to the average. So the yard is modest for the street but typical for the neighbourhood.
2. Is the assessed value above or below market price?
Assessed value is used for property tax calculations and doesn’t always match current market price. That said, this home’s assessment is close to the street average and above the community average, which can sometimes indicate a home that’s been well-maintained or updated. A realtor or recent sales data would give a clearer picture of true market value.
3. What’s the significance of the home’s build year?
Built in 1970, this property is very close to the average age of homes on the street and in Westdale. It’s not unusually old or new for the area. Buyers should expect the typical considerations for a home of this era—potential updates to mechanicals, insulation, or windows—but nothing that stands out as a red flag compared to neighbouring properties.
4. How does this home compare to others in Winnipeg overall?
City-wide, this home is slightly below average for living area (the city average is around 1,342 sqft) and sits near the middle of the pack for assessed value. It’s not an outlier in either direction. Its strongest comparative advantage is within its own street and neighbourhood, not the city as a whole.
5. What type of buyer would get the most value from this property?
Someone who values interior space over a large lot, and who wants a home that already offers above-average square footage without paying a premium for a bigger yard. It also suits a buyer focused on a specific street or school catchment area within Westdale, where similar-sized homes may be harder to find.