21 Davis Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,059 sqft home built in 1961 on a 5,664 sqft lot in Winnipeg’s Westwood neighbourhood. What stands out most is the lot size: while it’s below average for the street itself (where lots tend to be unusually large, averaging over 17,000 sqft), it’s right around the neighbourhood and city averages. That means you get a functional, manageable yard without the upkeep of a sprawling property.
The house itself is older than many on the street—ranked 7th of 24 for age—but that can work in a buyer’s favour if they’re looking for solid construction from that era rather than paying a premium for a newer build. The living area is slightly below street and neighbourhood averages, which might reflect a more compact, efficient floor plan.
The assessed value ($337k) is notably below both the street average ($426k) and the neighbourhood average ($392k). This suggests the property is priced more affordably than many comparable homes in the immediate area, even though its citywide ranking is near the middle.
This property would suit a buyer who values a modest, well-located home on a standard-size lot in an established neighbourhood—someone who isn’t chasing square footage or the newest finishes, but sees potential in a solid older home with a reasonable entry price. It could also appeal to investors or first-time buyers who want a foothold in a neighbourhood where newer or larger homes often cost significantly more.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Westwood?
The lot is 5,664 sqft, which is slightly below the neighbourhood average of 6,491 sqft but still falls in the middle of the citywide range. It’s a standard city lot—not large, not tiny. The street average is unusually high because of a few very large properties, so don’t let that comparison mislead you.
2. Why is the assessed value lower than the street average?
The street average ($426k) is pulled up by several higher-value homes, possibly newer or larger ones. This property’s assessed value of $337k reflects its smaller living area and older age, putting it below both the street and neighbourhood medians. It’s priced below many nearby homes, which could mean better value per square foot.
3. Is the house considered old for this area?
Built in 1961, it’s older than average for Davis Crescent (where the average build year is 1965) and for Westwood overall (1966). It’s not unusually old citywide, though—many Winnipeg homes date from the same period. Older homes can mean more character and solid framing, but may also need updates to systems or insulation.
4. What’s the living space like compared to other homes?
At 1,059 sqft, it’s below the street average (1,409 sqft) and neighbourhood average (1,372 sqft). It’s compact but not unusually small for its price bracket. Buyers looking for a three-bedroom home with efficient use of space might find it sufficient; those wanting larger rooms or open-concept layouts may want to see the floor plan first.
5. How does this property rank within the wider city?
Citywide, it ranks in the top 66% for living area, top 58% for assessed value, top 57% for year built, and top 39% for lot size. In plain terms: the lot size is its strongest citywide feature, while the value and age are fairly middle-of-the-pack. It’s not a standout in any single category, but it’s a balanced property relative to the broader market.