99 Lismer Crescent, Winnipeg
Key Characteristics & Buyer Profile
This is a 931-square-foot home built in 1971 on a 6,296-square-foot lot in Westdale, Winnipeg. What stands out here is the land-to-house ratio. The lot is well above average for the neighbourhood—ranking in the top 20% locally and top 25% city-wide—while the house itself is slightly smaller than nearby homes. That gap is unusual. Most homes in Westdale hover around 1,029 square feet, so this one gives you more outdoor space and less indoor square footage than what's typical for the area.
Where the property really punches above its weight is assessed value. It ranks in the top 22% of the neighbourhood and top 38% on its street, despite being smaller than many neighbours. That suggests the land itself is carrying significant value, which can be appealing if you're thinking long-term about property appreciation or potential redevelopment. The home was built in 1971 and is one of the older houses on Lismer Crescent (top 13% for age on the street), but that's roughly in line with the rest of Westdale.
This property would suit a buyer who values outdoor space over interior square footage—someone who gardens, wants a good yard for kids or pets, or sees potential in a larger lot for future expansion. It's less ideal for someone who needs a lot of finished living space right now. The below-average living area city-wide (ranked in the bottom 19%) means the house itself is modest by Winnipeg standards, but the lot offers flexibility that many comparably priced homes in the city don't.
Frequently Asked Questions
1. Why is the assessed value higher than expected for a smaller home?
The assessed value likely reflects the land more than the building. The lot is 6,296 square feet, which is well above average for Westdale and in the top quarter city-wide. Land in established neighbourhoods tends to hold or increase value over time, even if the house itself is modest.
2. How does the living area compare to other homes in Westdale?
It's slightly below average. The neighbourhood average for comparable homes is 1,029 square feet; this home is 931 square feet. It ranks in the middle of the pack locally (top 70%), so it's not unusually small for the area—just a bit tighter than most.
3. Is the 1971 build date a concern?
Not inherently. 1971 is typical for Westdale, and it's newer than the city-wide average of 1966. Homes from this era often have solid construction but may need updates to mechanicals or windows depending on maintenance history. Worth checking, but not a red flag.
4. What type of buyer typically targets this kind of property?
Someone who prioritizes yard space over interior square footage. It could suit a first-time buyer wanting more outdoor room, a family with young kids, or someone interested in a lot with future redevelopment or addition potential. Less suited to anyone wanting a large finished home immediately.
5. How does it stack up against similar listings in Winnipeg?
The lot size is a standout—top 25% city-wide for land area among comparable homes. The assessed value is also strong for its size. The living area, however, is below average. So you're paying for land, not square footage, which can be a good long-term play but may not match what buyers expect from a typical Winnipeg home.