65 Columbus Crescent

65 Columbus Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1965-built home with 1,096 sq ft of living space on a notably large 7,411 sq ft lot. The property is positioned in Winnipeg’s Westwood neighborhood.

Where its appeal lies: The standout feature is the land. At over 7,400 sq ft, it ranks in the top 6% on its street, top 15% in the neighbourhood, and top 14% citywide. This is a rare find—a property where the yard has significantly more potential than the house itself. The living area is below average on the street and in the neighbourhood, but right around the citywide mark. The assessed value sits close to average across all three scopes, suggesting the price reflects the home’s condition and size rather than the land underneath it. The home’s age (1965) is also typical for the area.

What type of buyer it would suit: Someone who values outdoor space more than interior square footage, or a buyer open to renovations or redevelopment over the medium term. It may also appeal to families wanting a generous yard in an established neighbourhood without paying a premium for a fully updated interior. Investors or homeowners considering a future addition could see the lot as the primary asset. It’s less suited to someone seeking a turnkey, spacious interior right away, or a buyer who prioritizes a compact, low-maintenance yard.

Frequently Asked Questions

1. How does the living area compare to other homes nearby?
The home’s 1,096 sq ft is below the street average of 1,392 sq ft and the neighbourhood average of 1,372 sq ft. It ranks near the bottom of the street (48th out of 49 homes) but sits closer to the citywide average for comparable properties.

2. Is the assessed value a good indicator of market price?
The assessed value is $369,000, which is around average on the street, in the neighbourhood, and citywide. Assessment value is not the same as market price, but here it suggests the property is valued consistently with its peers—likely reflecting the trade-off between a large lot and a smaller home.

3. How large is the lot, and what makes it notable?
The land is 7,411 sq ft, ranking 3rd out of 49 homes on the street (top 6%). It’s also well above both the neighbourhood and citywide averages for comparable homes. This is the property’s strongest comparative feature.

4. What year was the home built, and is that typical?
Built in 1965, which is slightly earlier than the street average of 1968 but consistent with the neighbourhood and citywide averages. It’s not unusually old or new for the area.

5. What does the ranking system mean exactly?
The rankings compare this home to other comparable properties within the same street, neighbourhood, and city. A high rank (e.g., top 6% for land area) means it outperforms most peers in that category. Rankings are based on percentiles: larger homes, newer construction, higher assessed values, and larger lots are considered better relative to the "Avg" benchmark shown for each scope.