11 Peary Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,246 sqft home built in 1965, set on a 6,720 sqft lot in Winnipeg’s Westwood neighbourhood. Its most notable feature is the land: the lot ranks in the top 19% city-wide and top 23% within the community, meaning it offers more outdoor space than most comparable properties. The house itself is slightly smaller than the street average (1,488 sqft), but its living area is in line with both the community and city medians.
The assessed value sits at $359,000, which is below the street average of $413,000 but close to the community and city norms. That gap suggests the property may be priced more modestly than its immediate neighbours, which could appeal to buyers looking for relative value on Peary Crescent. The build year (1965) is the oldest on the street by a small margin, but fits within the typical range for Westwood.
Who it suits: Buyers who prioritize yard space over interior square footage, and are comfortable with a home that’s functional but not the newest or largest on the block. It could work well for someone who wants room for gardening, storage, or future expansion, or for a household that values a good lot-to-price ratio over turnkey finishes. It’s less suited to those who need maximum interior space or a home that stands out in size or valuation against its street neighbours.
Five Frequently Asked Questions
1. How does the lot size compare to other homes in the area?
The lot is above average for both the Westwood community and the city as a whole. It ranks in the top 23% locally and top 19% city-wide, so you’re getting more land than most similar properties in the region.
2. Is the assessed value low for the street, and what does that mean?
Yes, the assessed value of $359,000 is below the Peary Crescent average of $413,000, placing it in the bottom 5% on the street. While that might raise questions about condition or upgrades, it also means the property is potentially more affordable relative to its immediate neighbours—something to factor into both purchase price and property tax expectations.
3. What’s the construction quality or style like for a 1965 home?
The build year is typical for Westwood and the city overall. Homes from this era often feature solid framing, mature landscaping, and simpler layouts. Renovation history isn’t detailed here, so a buyer should plan for typical mid-century updates—mechanical systems, windows, insulation, and kitchen/bath finishes—unless already addressed.
4. How does the living space compare to other homes in the neighbourhood?
At 1,246 sqft, the home is smaller than the street average but essentially matches both the community and city medians. It’s not a standout for size, but also not unusually small for the area. For context, it’s roughly 16% smaller than the average home on Peary Crescent.
5. Where is this property located within Westwood, and what’s the neighbourhood like?
Westwood is an established residential area in Winnipeg, known for a mix of post-war bungalows and split-levels, with good access to schools, parks, and shopping. The street ranking suggests Peary Crescent has a range of lot sizes and values, with 11 Peary sitting on the lower end for assessment but offering above-average land—a fairly common trade-off in older, stable neighbourhoods.