93 Evenwood Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a compact, well-priced starter home on Evenwood Crescent in Westdale, Winnipeg. Built in 1970, it sits on a 3,498 sqft lot with 816 sqft of living space. The assessed value is $228,000.
The property's main appeal is its affordability relative to the street and neighbourhood. On Evenwood Crescent, it ranks 55th out of 56 homes for assessed value (top 98%), meaning it’s one of the least expensive options on the block. The living area is slightly below the street average but not dramatically so—it ranks 29th out of 56 (top 52%), putting it squarely in the middle for its immediate neighbours.
Where the trade-off becomes clearer is at the neighbourhood and city levels. Westdale's average living area is 1,029 sqft, and the citywide average is 1,342 sqft, so this home is noticeably smaller than most comparable homes in the wider area. The land is also modest: 3,498 sqft is typical for the street (top 32%), but well below the neighbourhood average of 5,168 sqft and the citywide average of 6,570 sqft.
This property would suit a first-time buyer or someone looking for an entry-level investment with low carrying costs. It's a practical fit for buyers who prioritize affordability and a convenient location over square footage or lot size. It may also appeal to someone willing to add value through renovation, since the lower assessed value creates room for potential equity growth without being priced out of the street.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
The assessed value of $228,000 is well below the street average of $265,800 and far below the Westdale neighbourhood average of $307,400. Citywide, comparable homes average $390,100. This makes it one of the more affordable properties in its immediate area.
2. Is the lot size unusually small?
It's average for Evenwood Crescent (3,498 sqft vs. a street average of 3,523 sqft), but it’s smaller than most homes in Westdale (average 5,168 sqft) and citywide (average 6,570 sqft). Buyers looking for a large yard should note this, but it's consistent with what other homes on the street offer.
3. How old is the house, and is that typical for the area?
Built in 1970, the home is slightly older than the street average (1971) and neighbourhood average (1971), but it's actually newer than the citywide average for comparable homes (1966). It's fairly typical for the area, not unusually dated.
4. What does the ranking data actually tell me about this property?
The rankings compare this home to others with similar characteristics in three scopes: street, neighbourhood, and city. "Top 52%" means it outperforms 52% of comparable homes—or put differently, 48% are larger. The bar fill shows how many peers it ranks above. It's a relative measure, not a judgment of quality.
5. Who is this home not a good fit for?
This property may disappoint buyers seeking a spacious family home, a large lot for gardening or outdoor projects, or a move-in-ready property with a showpiece kitchen or basement. It's also less suited for someone who wants to be in a higher-value area where homes consistently sell above $300,000. It's a modest, affordable starter, not a premium or oversized property.