11 Columbus Crescent – Property Summary
Key Characteristics & Suitability
This is a 1964-built home with 1,318 square feet of living space on a 5,938-square-foot lot, located in Winnipeg’s Westwood neighbourhood. Its assessed value is $363,000.
Across all four metrics—living area, land area, year built, and assessed value—this property ranks consistently “around average” compared to similar homes on its street, in its neighbourhood, and citywide. The most notable figure is the lot size: citywide, it ranks in the top 34%, meaning the land is slightly larger than typical for comparable Winnipeg homes. The living area, by contrast, is marginally below the street average (1,392 sqft) and just shy of the citywide average (1,342 sqft).
The appeal here is solid grounding rather than standout features. It’s a middle-of-the-pack property with no extreme upsides or downsides—practical for a buyer who wants a conventional, predictable home in an established neighbourhood. The slightly above-average lot offers more outdoor flexibility than many similar-priced homes, without paying a premium for a notably larger house.
This property would suit first-time buyers looking for a stable entry point, downsizers who prioritize yard space over interior square footage, or anyone who values consistency over speculation. It’s less suited for someone seeking turnkey modern finishes or a clear value-increase opportunity through renovation.
Five Frequently Asked Questions
1. How does the assessed value compare to the neighbourhood average?
The assessed value of $363,000 is about 7–8% below the neighbourhood average of $392,100. This places it near the bottom half of Westwood (ranked 1,390 out of 2,523), but it’s not an outlier—just modestly priced relative to nearby homes.
2. Is the lot size considered generous for the area?
Yes, but only when compared citywide. At 5,938 square feet, it’s slightly below the Westwood average of 6,491 sqft, but it outranks two-thirds of homes across Winnipeg. Locally, it’s standard; regionally, it’s on the larger side.
3. When was the house built, and is that old for the neighbourhood?
Built in 1964, it’s slightly older than the street average (1968) and the neighbourhood average (1966). It ranks in the top half of both areas, so it’s not unusually aged for Westwood—just a bit earlier than many surrounding homes.
4. How does the living area affect livability compared to other homes?
At 1,318 sqft, it’s smaller than the street average but still within a typical range. Buyers coming from a condo or smaller starter home will find it spacious; those used to 1,500+ sqft might notice the difference. It’s not cramped, but it’s not generous for a family of four without efficient layout.
5. What does “around average” mean for resale potential?
Homes that benchmark closely to local averages tend to sell steadily rather than quickly or at a premium. They appeal to a broad buyer pool but rarely generate bidding wars. For long-term holding, this property’s value will likely track with the neighbourhood rather than outperform it. The larger lot is the one feature that could differentiate it in a future sale.