183 Crestwood Crescent

Key Characteristics & Buyer Profile

183 Crestwood Crescent is a 1963-built home with 1,136 sqft of living space and a 6,162 sqft lot. Its living area ranks in the top 16% on its street and top 26% in the Windsor Park neighbourhood—notably larger than typical homes nearby. The property was built slightly later than many on the block (ranking top 9% locally), suggesting it benefits from a more modern layout or construction compared to its immediate neighbours. The lot size sits close to the neighbourhood average but ranks above average citywide, offering a bit more outdoor space than typical Winnipeg properties.

The assessed value of $362,000 tracks slightly above the street and neighbourhood averages, but remains below the citywide median of $390,000. This creates an interesting dynamic: you’re getting a larger-than-average home on a decent lot in a solid postwar neighbourhood, without paying a premium relative to the broader market. The property occupies a niche where size and land value outperform the immediate area, while the price stays grounded.

This home would suit buyers looking for more interior space than what’s typical in Windsor Park or along Crestwood Crescent—families, downsizers wanting a single-level layout, or anyone who prioritizes square footage over a fully updated interior. The 1963 build suggests original or partially updated finishes, which could appeal to those open to cosmetic upgrades in exchange for a stronger size-to-price ratio. It’s less suited for someone wanting a turnkey modern home or a premium lot.

Frequently Asked Questions

1. How does this property compare to others on Crestwood Crescent specifically?
It ranks 24th out of 149 homes for living area (top 16%) and 38th for assessed value (top 26%). The lot size is closer to the middle of the pack at 55th. So you’re getting one of the bigger homes on the street at a value that’s above average but not among the highest-priced.

2. Does the assessed value reflect the current market price?
Not directly. The assessed value ($362,000) is used for property tax calculation and lags behind market conditions. It’s a useful benchmark, but sale prices in Windsor Park and similar areas can vary based on updates, demand, and timing.

3. Is the 1963 construction a concern for maintenance?
Homes from that era typically have good bones—often with mature trees, solid foundations, and straightforward layouts. However, systems like electrical, plumbing, roofing, and windows may be original or updated to varying degrees. A pre-purchase inspection would clarify what’s been addressed.

4. How does Windsor Park compare to other Winnipeg neighbourhoods for value?
Windsor Park offers relatively affordable prices compared to more central or southwest areas, with good access to parks, schools, and major routes. Homes here tend to be older and smaller on average, which makes 183 Crestwood’s above-average size stand out within the neighbourhood.

5. Would this property work as a rental investment?
Potentially—the combination of above-average living area and land size, paired with a below-city-median assessed value, could attract tenants looking for space without a premium price tag. Rental demand in Windsor Park is generally stable, though returns depend on the condition of the interior and any outstanding upgrades needed.