Key Characteristics & Buyer Profile
This is a 1967-built detached home on a 6,047 sqft lot with 1,560 sqft of living space. What stands out is how the property compares within its own street, neighbourhood, and city—not just raw numbers.
On Columbus Crescent (49 homes total), this house ranks 9th for living area, 2nd for assessed value, and 6th for newer construction year. That’s a strong combination. The assessed value ($573,000) is well above the street average of $400,000, which suggests the home has been well maintained or upgraded relative to neighbours. The living area is 168 sqft above the street average, and the lot is slightly below the street average but still in a healthy range.
Appeal lies in consistency. It’s not the biggest or newest on the block, but it ranks in the top 20% for living space citywide, top 10% for assessed value citywide, and the build year (1967) is typical for the area—meaning no unusual vintage quirks that complicate renovation or insurance. The lot is average for the street, which is practical for yards without being oversized maintenance.
This would suit buyers who care about long-term value stability rather than flash. It’s a good fit for someone who wants a home that competes well in its immediate market—strong resale potential, no obvious weak spots in the data. It may also appeal to buyers who like Westwood as a neighbourhood and want a home that sits comfortably above the area median without being an outlier.
Five Possible FAQs
1. Why is the assessed value so much higher than the street average, but the living area is only moderately above average?
Assessed value reflects overall condition, upgrades, location within the street, and market demand—not just square footage. A home that’s been updated, has a better layout, or sits on a preferred part of the street can command a higher value even if it’s not the largest.
2. Is a 1967 build something to worry about?
Homes from the mid-1960s are common in Winnipeg and generally have solid construction. The main things to check would be the condition of the original electrical, plumbing, windows, and insulation—typical for any home of that era. This home ranks younger than average on its street, which could mean it was built slightly later in the development cycle.
3. How does the lot size affect usability?
At 6,047 sqft, the lot is near the average for the street. That’s enough for a decent backyard, a driveway, and some landscaping without feeling cramped. It’s not oversized, so upkeep is manageable. If you want a large vegetable garden or a workshop, you may want to check the actual shape and orientation.
4. What does “top 4% on the street” for assessed value actually mean in dollars?
It means only one other home on Columbus Crescent has a higher municipal assessment. That suggests this property is one of the most valuable on the street, which can be a double-edged sword: good for resale, but property taxes will be higher than most neighbours.
5. Is this home a good investment compared to others in Westwood?
Based on the data, it outperforms 96% of homes in Westwood for assessed value while being in the top 21% for size. That’s a strong sign that the market values this property more than most in the area. However, investment quality also depends on future neighbourhood trends, school zoning, and how the home’s condition holds up—so it’s worth a physical walkthrough.