73 Columbus Crescent – Property Summary

Key Characteristics & Buyer Profile

This 1,179 sqft home built in 1964 sits on a 5,767 sqft lot in Winnipeg’s Westwood neighbourhood. What stands out most is the assessed value: $426,000, which ranks well above both the street average ($399,800) and the neighbourhood average ($392,100). In other words, it holds value more strongly than many nearby homes, ranking in the top 27% on its street and top 21% in the area. The living area is slightly below the street average, but not dramatically so—it's within a typical range for the neighbourhood and city. The land is slightly smaller than average for the street as well, though still decent by citywide standards (top 38%).

The appeal here isn't about size or a brand-new build. It's about relative value retention and position. A buyer who wants solid, established bones in a stable area—and who is willing to accept a smaller footprint in exchange for stronger equity positioning—would find this property sensible. It suits someone looking for a practical family home in a mid-century Winnipeg neighbourhood, not a fixer-upper or a showpiece. It may also appeal to buyers who pay attention to tax assessments and resale positioning rather than square footage bragging rights. The 1964 construction is average for the area, meaning no unusual maintenance surprises that come with much older homes, but also no premium for newness.

Frequently Asked Questions

1. How does the living area compare to typical homes in Westwood?
It's around average for the neighbourhood (ranked top 67%) and slightly below average on its own street. The 1,179 sqft floor plan is compact but functional, and in line with many other homes built in the 1960s in this part of Winnipeg.

2. Why is the assessed value higher than the average on the street?
The property ranks in the top 27% on Columbus Crescent and top 21% in the broader Westwood area. This likely reflects above-average condition, upgrades, or lot positioning that appraisers have factored in—though the exact reasons aren't specified in the data. It suggests the home has held or gained value relative to its neighbours.

3. Is the lot size a concern?
At 5,767 sqft, it's smaller than both the street average (6,143 sqft) and the neighbourhood average (6,491 sqft). But citywide, it's still in the top 38%, so it's not tiny—just compact. Buyers wanting a large yard for gardening or additions may find it tight, but for typical urban family use, it's workable.

4. What does the "1964 year built" mean for maintenance?
It's around average for the area (the street average is 1968, neighbourhood is 1966). Homes from this era often have original mechanicals, wiring, and windows unless updated. A buyer should budget for potential upgrades, but the data doesn't flag this home as unusually old or young for the market.

5. Is this property priced fairly compared to citywide benchmarks?
The assessed value of $426,000 is above the citywide average for comparable homes ($390,100) and ranks in the top 33% of all Winnipeg properties. That suggests it's not a bargain basement option, but rather a slightly above-average home in a neighbourhood where it stands out for value retention rather than size or novelty.